Sales Tax Instructions

Sales Tax Instructions, 2009
return for that tax period, in which the advance/part payment is received, as laid down
under clause (44) of section 2 of the Sales Tax Act, 1990.
[Issued by the CBR., Islamabad, under the signature of Dr. Muhammad Zubair,
Secretary (ST-L&P), addressed to M/s. Saiduddin & Co., (Advocates), Taxation Advisor &
Company Law Consultants, 12-16, 19-22, 2 nd Floor, D-6, Al-Hamra Center, Block-7 & 8,
Shaheed-e-Millat Road, Karachi. Copy to the Director General, Large Taxpayers Unit (LTU),
Karachi, with reference to letter C. No.1(67) LTU/ST&CE/Refund/2004\3/167039 dated
26.10.2004.]
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C. NO.3(13)ST-L&P/2004
(Vol-I)
DATED 4 TH FEBRUARY, 2005
SUBJECT:
EXEMPTION OF SALES TAX VIDE SRO 500(I)/2004 AND AS
PER INDICATIVE LIST OF SALES TAX, SRO
CLARIFICATION DATED 09.08.2004
I am directed to refer to your letter of 27 th January 2005 on the subject cited
above and to clarify that import and supply of Orthopedic Implants and Instruments,
classifiable under PCT headings 9018.9090 and 9021.9000 is chargeable to sales tax @
zero-percent, and in terms of SRO 500(I)/2004 dated 12.06.2004.
[Issued by the CBR, Islamabad, under the signature of Dr. Muhammad Zubair, Secretary
(ST-L&P), addressed to Mr. Mansoor Jokhio, Managing Partner M/s. MEDTRADE, 16-G, Al-
Riaz Society, Justice Inamullah Road, Karachi. Copy to the Collector, Collectorate of Customs
(Appraisement / Preventive), Customs House, Karachi and the Collector, Collectorate of Customs
(Port Qasim/Lahore/Silakot9Sambrial).]
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C. No. 3/13-STB/99 DATED 9 TH FEBRUARY, 2005
SUBJECT: SRO 77(I)/2005 DATED 27.01.2005.
I am directed to refer to your letter No. G-8/2005/2084 dated 08.02.2005 on the subject
cited above and to clarify that in terms of SRO 77(I)/2005 dated 27.01.2005, deemed price
(notional value) of ships for breaking has been fixed as US$ 300 per LDT, instead of the actual
invoice value or dutiable value for the purposes of calculation of sales tax at import stage. Hence,
if the invoice value is higher than the notional value (US$ 300 per LDT), the calculation of sales
tax chargeable at import stage shall be made at US$ 300 per LDT. However, customs duty shall be
calculated on the actual invoice value.
2. As regards your query concerning small ships (Barges) imported at a price less
than US$ 300 per LDT, it is clarified that the concession granted vide aforesaid notification shall