Sales Tax Instructions

Sales Tax Instructions, 2009
Hence, an amendment was required in the Sales Ta Act, 1990 to give
proper legal coverage to e-filing.
Enforced through amendment in section 26 of the Sales Tax Act,
990. Effective from the 1 st July, 2006.
• Providing the Board to fix the value of imported goods for sales tax
purposes.
Clause (46) of section 2 of the Sales Tax Act, 1990, empowers the Board
to fix minimum value of taxable supply. However, there was no such
provision to empower the Board to fix value of imported goods for the
purposes of assessment of Sales Tax.
Enforced by substituting clause (46) of section 2 of the Sales Tax Act,
1990. Effective from 1 st July, 2006.
• Power to collect excise duty on minimum fixed price.
On the analogy of the Sales Tax Law, sub-section (5) of section 12 of the
Federal Excise Act, 2005 is being amended to empower the Board to
collect excise duty on a fixed minimum value.
Enforced through amendment in the Federal Excise Act, 2005.
Effective from the 1 st July, 2006.
• Printing of retail price on imported cigarettes.
The condition of printing retail price on imported goods was done away
within the last budget, resulting which the excisable goods were also
imported without printing of retail price thereon.
The amendment is being made on the recommendation of cigarette
manufacturer who contended that commercial import of the commodity
has increased due to this relaxation.
By virtue of the amendment proposed in the Finance Bill, 2006, no
cigarettes shall be imported without printing retail price.
Enforced through Notification SRO 5454(I)/2006 dated 05.06.2006,
effective from the 5 th June, 2006.
• Introducing the concept of Common Taxpayer Identification Number