Sales Tax Instructions

Sales Tax Instructions, 2009
‗STREAMS‘ which has no nexus to the new refund rules. The STREAMS package also
has provision of issuing / releasing the RPO as confirmed by the Chief (STARR).
3. In view of above, there remains no need for issuing any notification for
processing and sanctioning of refund claims through the new software ―STREAMS‘. It
may be pointed out that for the similar reason, no such notification was issued when the
processing of claims through STARR was implemented.
4. The Collectorate is, therefore, advised to sanction the claims processed
through STREAMS in accordance with the existing refund rules and clear the back log
accumulated on that account immediately and report progress to the Board within a
week‘s time positively.
[Issued by the CBR., Islamabad, under the signature of Dr. Muhammad Zubair,
Secretary (ST-L&P),addressed to the Collector, Collectorate of Sales Tax & Central Excise,
Faisalabad. Copy to All Collectors of Sales Tax & Central Excise for similar action and the
Chairman, All Pakistan Textile Mills Association (APTMA), Karachi, with reference to his letter
No.PZ/L&T/GST/04-156 dated 27.01.2005.]
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U.O. No.3/13-STB/99
DATED 29th JANUARY, 2005
SUBJECT:
CRISES IN SHIP BREAKING INDUSTRY DUE TO VERY HIGH
PRICES IN INTERNATIONAL MARKET OF SHIPS FOR
SCRAPPING
I am directed to refer to the Prime Minister‘s Secretariat (Public), Islamabad‘s
U.O. No. 3(5)/DS(E-I-II)/05 dated 14.01.2005 on the subject cited above and to say that
in consideration of the problems cited by the Pakistan Ship-Breakers‘ Association‘s, the
ECC of the Cabinet, in its meeting dated 18 th January, 2005 has taken following
decisions:
(i)
(ii)
Deemed price (notional value) for calculation of sales tax at import stage
should be fixed at US $ 300 per LDT instead of the invoice value or
dutiable value; and
The mandatory value addition for the purposes of calculation of sales tax
on local supply should be reduced from 14% to 5% over & above the
value assessed on bill of entry for sales tax purposes i.e. US$ 300 PMT.
2. The Central Board of Revenue has accordingly issued two notifications
viz. SRO 77(I)/2005 dated 27.01.2005 whereby value of ‗ships for scrap‘ has been fixed
at US$ 300 per LDT for the purposes of calculation of sales tax at import stage in terms
of clause (46) of section 2 of the Sales Tax Act, 1990; and SRO 76(I)/2005 dated
27.01.2005 whereby an amendment has been made in Chapter XIII of the Sales Tax