Sales Tax Instructions

SUBJECT:-
Sales Tax Instructions, 2009
COLLECTION OF SALES TAX FROM STEEL MELTERS AND
STEEL RE-ROLLING MILLS.
I am directed to refer to the subject cited above and to say that the Pakistan Steel
Re-rolling Mills Association made a representation regarding certain issues arising in
their industry. The issues were examined in the Board, and the following decisions have
been taken in consultation with the Association:-
(v)
(vi)
The category ‗semi automatic‘ mentioned in the Board‘s letter of even
number dated 24 th April, 2001 (copy enclosed) may be treated as
omitted, so as to restore the past categorization of automatic and nonautomatic
mills.
The Board agrees with the Association‘s proposal that minimum
conversion cost of Rs.2500 per tonne may be taken for the purpose of
ascertaining the value of their finished goods. However, it would be clear
that this figure is only the minimum, and must not be taken as a fixed
conversion cost. If the conversion cost is higher than Rs.2500 per tonne,
than the actual amount should be taken for the purpose of assessment.
[Issued by the CBR, Islamabad under the signature of Dr. Ashfaq Ahmed Tunio,
Secretary (ST-L&P) addressed to all the Collectors of Sales Tax. Copy endorsed to M/s Pakistan
Steel Re-rolling Mills‘ Association, Lahore.]
********
C. NO. 3(62)STP/99 (Pt-II), DATED 11 TH OCTOBER, 2001
SUBJECT:-
SALES TAX ON SALE OF SCRAP BY PROVINCIAL
DEPARTMENTS THROUGH AUCTION
I am directed to refer to your letter No.FPCCI-FIN/ST/2001/2031, dated
08.10.2000, on the subject cited above and to confirm that sales tax is chargeable on all
supplies of scrap through auction by any Federal or Provincial Government department or
organization.
[Issued by the C. B. R., Islamabad, under the signature of Dr. Ashfaq Ahmed Tunio,
Secretary (ST-L&P), addressed to Dr. Anwarul Haque, Secretary General, Federation of
Pakistan, Karachi and copy to the Collectors, Collectorates of Sales Tax & Central Excise,
Peshawar/ Rawalpindi/ Gujranwala/ (East/West) Karachi/ Lahore/ Hyderabad/ Quetta/
Faisalabad/ Multan.]
********