Sales Tax Instructions

Sales Tax Instructions, 2009
Incidence of tax would be Rs.100/- PMT.
Enforced through Notification SRO 544(I)/2006 dated 05.06.006,
effective from the 5 th June, 2006.
• Explicitly identifying telecommunication services in the First Schedule to the
Excise Act.
The telecom sector has undergone a remarkable modernization during
the recent years. The present Excise Schedule, drafted in 1991 does not
cater to the modern telecom regime.
There was a need to rationalize the existing Excise Schedule to remove
any ambiguity regarding the scope of levy.
Enforced through amendment in the First Schedule to the Federal
Excise Act, 2005. Effective from the 1 st July, 2006.
SIMPLIFICATION OF TAX LAWS & PROCEDURES
• Introducing a consolidated return for sales tax and excise and prescribing
annual return for corporate sector.
Measure to facilitate the composite units as well as services liable to
excise duty in VAT mode ands thereby reducing the compliance cost.
Annual return prescribed for corporate sector only.
Enforced through the Sales Tax Rules, 2006 [SRO 555(I)/2006 dated
05-06-2006] effective from the 1 st July, 2006.
• Introducing the concept of electronic filing of return and other documents
through e-intermediaries
The scheme of electronic filing of sales tax and excise returns was
launched in November, 2005, which was well received by the corporate
sector.
In view of the success of the scheme, the government is considering to
extend the facility to other businesses.
In order to facilitate the taxpayers desirous of filing their return and other
statements electronically, the concept of e-intermediaries is being