Sales Tax Instructions

Sales Tax Instructions, 2009
Hyderabad/Quetta/Multan, the Collector, Collectorate of Sales Tax & Central Excise,
Lahore/Faisalabad/Gujranwala/Rawalpindi/Peshawar, the Collector, (Enforcement) / (Hdqrs.) /
(Audit), Sales Tax House, Karachi & the Collector, Large taxpayers‘ unit (LTU),
Karachi/Lahore.]
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C. No. 5/7-STB/2005 DATED 9 TH JULY, 2005
SUBJECT:
TAX PAYMENT ON ADVANCES ----- ‗ADVANCE PAYMENT
RECEIPT‘.
I am directed to refer to Chapter XV of the Sales Tax Special Procedures Rules,
2005 notified vide SRO 522(I)/2005 dated 06.06.2005 and to clarify that the subject
procedure is applicable to all registered persons who are receiving advances against
subsequent supply of taxable goods. Such registered persons are liable to issue serially
numbered ―advance payment receipts‖ in the prescribed format at the time of receiving
advance payment, whereas Sales Tax invoice shall be issued at the time of actual
delivery/supply of goods.
2. It is further clarified that the sales tax shall not be payable at the time of
issuing sales tax invoice only if the entire value of supply has been received in advance
and the entire sales tax liability in respect of the taxable supplies covered under the
subject invoice has been discharged by the respective supplier at the time of issuing
‗advance payment receipt‘. In case the entire value of supply is not received in advance
and the entire sales tax liability is not discharged at the time of issuing ‗advance payment
receipt‘, the supplier is required to pay the remaining/balance amount of sales tax, which
is attributable to the taxable supplies at the time of issuing Sales Tax invoice.
[Issued by the CBR, Islamabad, under the signature of Dr. Muhammad Zubair, Secretary
(ST&FE-Budget), addressed to the Collector, Large taxpayers‘ unit (LTU),Karachi/Lahore, the
Collector, (Enforcement) / (Hdqrs.) / (Audit), Sales Tax House, Karachi, the Collector,
Collectorate of Sales Tax & Federal Excise, Lahore/Faisalabad/Gujranwala/Rawalpindi/
Peshawar & the Collector, Customs, Sales Tax & Federal Excise, Hyderabad/Quetta/ Multan and
copy endorsed to M/s Shekha & Mufti, Chartered Accountants, Karachi.]
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C. NO.3(13)-ST-LP/03 DATED 11 TH JULY, 2005
SUBJECT: TWO SALE TAX RETURNS FOR THE MONTH OF JUNE, 2005
In consequence of zero-rating of sales tax in certain sectors in the budget 2005-
06 vide notification SRO 621(I)/02005 dated 17.06.2005, the concerned registered
persons will be required to file by 15 th July, 2005, two sales tax returns as provided under
sub-section (2)of section 26 of the Sales Tax Act,1990. The first return shall relate to the
period from 01.06.2005 - 05.06.05, when no such zero-rating was available and the