Sales Tax Instructions

Sales Tax Instructions, 2009
4. It is, therefore, proposed that:-
(viii)
(ix)
(x)
(xi)
(xii)
(xiii)
(xiv)
Development Tax may be annulled;
The traders with turnover in excess of Rs.5 million per year should be urged to
register immediately for GST under existing rules;
A shop to shop census may be conducted through some third party (e.g. Gallup
etc.) to determine correct turnover of individual business. The scope of coverage
should include tehsil or thana level towns and census work should be completed
by 31.5.2000;
Retailers having turnover between Rs.1-5 million per year as per the census will
be required to enroll for payment of 2% turnover tax on taxable sales;
Tax officials may not visit traders in the turnover category of Rs.1-5 million per
year till completion of census;
Among those who are finally registered or enrolled, 5% taxpayers would be
selected on random basis for audit in one year;
Gross profit rates for income tax should be realistic.
5. The suggestions at para-4 may be approved.
Submitted on 10 th
Finance.
December, 1999 under signature of Mr. Mueen Afzal, Secretary General
Additional Item No.V
Case No.211/23/99
Dated: 11.12.1999
LEVY OF GST ON RETAIL TRADERS.
DECISION
The Cabinet considered the Summary, dated 10 th December, 1999, submitted by the
Revenue Division on ―Levy of GST on Retail Traders‖ and approved the proposal contained in
para 4(four) thereof.
********
U.O.No.1/16-STB/99 DATED 22 ND DECEMBER, 1999
SUBJECT:-
IMMEDIATE MEASURES OF REFORM OF TAX SYSTEM.
Please refer to the Summary for the Cabinet on the subject noted above and the
decision of the Cabinet thereon (copies enclosed).
2. The Member (Sales Tax) has directed that appropriate action may be
initiated by the concerned Sections of the Sales Tax Wing to implement the Cabinet
Decisions.
[Issued by the CBR, Islamabad under the signature of Mr. Abdul Basit Chaudhry, Second
Secretary (Sales Tax) addressed to C(ST-I)/C(ST-II)/S(STP)/ S(STT)/S(STR)
/S(STE)/S(STJ)/S(STM)/S(STC)/S(STA)/S(ST.Int.Audit)/S (ST.Ext.Audit),]
********
SUMMARY FOR THE CABINET