Sales Tax Instructions

Sales Tax Instructions, 2009
[Issued by the CBR, Islamabad, under the signature of Mr.Lutufullah Virk, Chief (ST-II)]
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C.No.5(2)STP/98-Retail(Pt) DATED 1 ST SEPTEMBER, 1999
SUBJECT:-
TRADE ENROLMENT CERTIFICATE SCHEME.
I am directed to refer to Circular No.01/1999, dated 8 th April, 1999 and to
enclose a copy of Amendment No.9 dated 17 th June, 1999 on the above subject.
2. The Government has been pleased to extend the last date of payment of
Trade Enrolment Certificate Fee from 31 st August, 1999 to 30 th September, 1999. Apart
from extending the time period, the Government has allowed the retailers desiring to
obtain T.E.C. on payment of fee to use photocopies of the TEC form, if required. Further,
the provision of determination of category by the respective Market Committee as
provided in para 3 of Circular No.01/1999 dated 8 th April, 1999 has been made optional.
3. You are requested to kindly issue necessary instructions to all branches
of National Bank of Pakistan to accept photocopies of the TEC forms and the same may
be accepted even without any authentication/stamp of the Market Committee. Please also
ensure that all branches of National Bank of Pakistan remain open uptill 2359 hours on
Wednesday, the 30 th September, 1999, so that the extention allowed to this scheme is
made use of by all the concerned.
4. Kindly also advise all the branch Managers to send the scrolls of receipts
of T.E.C. fee on daily basis to the respective Collectorates of Sales Tax. Specially, the
T.E.C. fee deposits made in N.B.P branches on 30 th September, 1999 must be sent to the
respective Collectorates by 2 nd October, 1999 with no pendency of earlier receipts. Your
cooperation, as always extended by you in the past, shall be highly appreciated.
5. Suitable instructions to all the branches may kindly be issued and the
Board may also be informed, accordingly.
[Issued by the CBR, Islamabad under the signature of Mr. Zulfiqar A. Kazmi, Secretary
(Retail Tax) addressed to the Executive Vice President, Marketing Development Division,
National Bank of Pakistan (Head Office), Karachi. Copy to all the Collectors of Sales
Tax/Mirpur(AJ&K).]
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C.No.3/46-STB/99 DATED 4 TH SEPTEMBER, 1999
SUBJECT:-
SALES TAX ON IMPORTS INTO EPZ.
I am directed to say that there has been a misunderstanding about the effect of
notification No.979(I)/99 dated 30 th August, 1999 deleting the provisions of sales tax
from notification No.SRO.881(I)/80 dated 23 rd August, 1980.
2. Serial No.5 of the Fifth Schedule to the Sales Tax Act, 1990, read with
section 5 of the Sales Tax (Amendment) Ordinance, 1999, covers zero-rating (whether by
up-front exemption or by way of refund) of imported and locally-manufactured raw
materials, components, goods or machinery entered into an Export Processing Zone
established under the EPZA Ordinance, 1980.