Sales Tax Instructions

Sales Tax Instructions, 2009
all purpose of quantities entitlement of inputs allowed to be imported at
concessionary tariff rates, unnecessary and under references may not be
made to the Director IOCO for the purpose of determination of input/output
ratios etc.
(ii) In cases where the application were availing such concessions in the past,
their previous survey certificates may be relied upon, while in case of new
applicants survey certificates and quantitative entitlements of other
registered persons engaged in the manufacture of identical or similar goods
may be kept in view.
(iii) Industry averages may be consulted to ensure that entitlements are allowed as
realistically as possible.
(iv) Final confirmations of such entitlements are to be made at the times of audit,
or as the case may be, on verification of consumption of inputs before the
release of securities.
(v) References to the Director (IOCO) may be made only in cases where the
Collectorate is virtually unable to ascertain the accuracy or otherwise of the
declared input/output ratios at wastages and no such reference should be
made without properly stating the reason thereof.
[Issued by the C.B.R., Islamabad, under the signature of Mr. Aamer Amin Bhatti, Secretary
(ST-L&P), addressed to all Collectors of Sales Tax & Federal Excise. Copy to the Member
(Export), CBR, Islamabad and the Director, IOCO, Custom House, Karachi.]
********
C. No. 2/106-STB/2005 DATED 3 RD AUGUST, 2005
SUBJECT:
CLARIFICATION REGARDING EXEMPTION
OF SALES TAX IN TERMS OF SERIAL NO.
69 OF 6 TH SCHEDULE ON IMPORT OF
ROAD TRACTOR FOR SEMI TRAILER OF
CHAPTER 8701.
I am directed to refer to your letter C. No. SI/MISC/1414/2005-V, dated 27 th
July, 2005, on the subject cited above and to clarify that entry at S. NO. 69 of the Sixth
Schedule to the Sales Tax Act, 1990 does not make any distinction whether or not
tractors supplied or imported are for agricultural or non-agricultural purposes. The
distinction on this account was done away with in the Finance Act, 2004. As regards the
admissibility of sales tax exemption on tractors imported under Transfer of Residence
scheme, the same are also entitled to the benefit of sales tax exemption under the said
entry of the Sixth Schedule.
[Issued by the CBR, Islamabad, under the signature of Dr. Iftikhar Ahmad, Secretary
(ST&FE-Budget), addressed to Mr. Azhar Majeed Khalid, Collector (Appraisement), Custom
House, Karachi.]