Sales Tax Instructions

Sales Tax Instructions, 2009
description and quantity, on which the retail price is not printed in
accordance with the provisions of the Act; along with the retail price
effective from 1 st July 2006;
(ii)
(iii)
the Sales Tax in respect of such items shall be paid in accordance with
the retail price as effective from 1 st July 2006;
the manufacturer shall advertise the retail price in the leading daily
newspaper in English, Urdu and other regional languages, at least twice a
week till such time such stocks are supplies. The advertisement in this
regard shall mention the date from which the retail prices are applicable;
and
(iv) the stocks so held shall be cleared / supplied by 30 th September, 2006.
3. The Board is also pleased to clarify that the instruction as issued vide
Board‘s letter C. No. 5/9-STB/2005 dated 13.08.2005 (copy enclosed) are also applicable
to the supplies of M/s. Philips as made in bulk to institutional buyers for in-house
consumption. Since, these supplies cannot be considered retail sale, therefore, the
condition to print retail price and pay sales tax on the basis of such retail price shall not
apply. M/s. Philips, therefore, may pay sales tax at 15% on the value as agreed in such
contracts.
[Issued by the CBR, Islamabad, under the signature of Mr. Abdul Hameed Memon
Secretary (ST&FE-L&P), addressed to M/s. Philips Electrical Industries of Pakistan Limited,
Head Office, F-54, S.I.T.E., Karachi and copy endorsed to the Collector (LTU), Karachi]
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SALES TAX GENERAL ORDER NO. 06//2006
C. NO. 3/13-STB/98 DATED 8 TH SEPTEMBER, 2006
SUBJECT:- ISSUES RELATING TO STEEL SECTOR ---- AMENDMENT IN
SALES TAX GENERALORDER NO. 03/2006.
To streamline the sales tax regime applicable for the steel sector under SRO
678(I)/2006 dated 30.06.2006, the Central Board of Revenue, in exercise of the power
conferred under section 55 of the Sales Tax Act, 1990, is pleased to make following
amendment in Sales Tax General Order No. 03/2006 dated 28.07.2006, namely:
After clause (i) and (ii), a new clause (iii) shall be inserted as follows:
(iii)
Similarly re-rolling mills producing MS products from locally produced
ingots and billets (except Pakistan Steel Mills billets) shall issue sales tax
invoices for MS products supplied to downstream industry reflecting
sales tax of Rs. 270/- PMT and Rs. 2410/- PMT enabling the downstream