Sales Tax Instructions

Sales Tax Instructions, 2009
• Amendment to prescribe time limit for filing of revised return.
Sales tax and excise laws are being amended to prescribe a time limit of
ninety days for filing of revised return, which would now be done with
the prior approval of the concerned Collector.
Enforced through amendment in section 26 of the Sales Tax Act and
section 4 of the Federal Excise Act. Effective from the 1 st July, 2006.
• Imposing higher penalties for repeated offences.
In line with the international best practices, higher pitch of penalty is
prescribed for repeated offence, to differentiate between an occasional
and a habitual defaulter.
Enforced through amendment in section 33 of the Sales Tax Act,
1990. Effective from the 1 st July, 2006.
• Incorporating ‗Sales Tax Accounts‘ in the list of records to be maintained by
a registered person.
Majority of the taxpayers maintain double entry accounts, generally
known as Sales Tax Accounts. However, they do not allow access to
audit staff to such records due to the restriction imposed by the law.
Accordingly, section 22 of the Sales Tax Act, 1990 is being amended to
include such records in the list of records maintained by a registered
person.
Enforced through amendment in section 22 of the Sales Tax Act,
1990. Effective from the 1 st July, 2006.
• Requiring the cigarette manufacturers to print their name on the cigarette
packets.
The measure is aimed to promote tax compliance as well as to discourage
the counterfeit products, thereby benefiting the legitimate industry.
Enforced through amendment in the Federal Excise Rules, 2005 vide
SRO 561(I)/2006 dated 05-06-2006 effective from the 1 st July, 2006.
MISCELLANEOUS LEGAL & PROCEDURAL CHANGES
• Powers to search without warrant withdrawn.