Sales Tax Instructions

Sales Tax Instructions, 2009
C. NO. 3(12) ST-L&P/2004 DATED 16 TH AUGUST, 2004
SUBJECT:- SPECIAL PROCEDURE FOR PAYMENT OF SALES TAX BY
COMMERCIAL IMPORTERS ON VALUE ADDITION
I am directed to refer to your letter dated 29.07.2004 on the subject cited above
and to reply to your queries as under:-
S. Queries
Reply
No.
1. Since the SRO 484(I)/2004 has
been amended on 08-07-2004 vide
SRO 592(I)/2004 and keeping in
view the fact that no value addition
Board has clarified that importers can
deposit sales tax on 10% value addition
I.R.O consignments cleared between
01.07.2004 to 08.07.2004.
tax has been collected/paid by the
commercial importers since 01-07-
2004, what is the procedure for
payment of such tax arrears.
2. The value addition rate originally
prescribed @ 14% has been reduced
to 10% vide SRO 592(I)/2004 dated
08-07-2004, please confirm that
arrears for the period 01-07-2004 to
08-07-2004 are also to be paid @
Confirmed.
10%.
3. If a commercial importer makes
some local purchases also (besides
imports), is he required to pay sales
tax on value addition on his local
purchases.
4. If yes, at what rate when and in
which manner.
5. If a commercial importer sells his
large packing imported goods in
small packing, is he affected by the
words ―in the same state‖ as
contained in the definition of value
addition in Rule 9(1)(h).
6. What method will be employed to
ascertain that a commercial
importer has paid, in the preceding
year tax higher than 10% on
supplies of imported goods as
mentioned in Proviso to Rule 10(1)
of 484(I)/2004?
Chapter II is in respects of value
addition on imports only.
N.A.
―Same state‖ apparently has been used
in the sense that there is no change in
description/ tariff classification.
Sales Tax Return data.