Sales Tax Instructions

Sales Tax Instructions, 2009
1020(I)/2006 dated 02.10.2006 shall be treated as final discharge of liability for all
sectors mentioned in the said notification including importers of branded personal
computers.
[Issued by the CBR, Islamabad, under the signature of Mr. Wajid Ali, Secretary (ST&FE-
Budget), addressed to the Collector, Large Taxpayers Units (LTU), Lahore/Karachi, the
Collector, Collectorate of Sales Tax, Hqrs/Enforcement, Karachi, the Collector, Collectorate of
Sales Tax & Federal Excise, Lahore/Faisalabad/Gujranwala/ Rawalpindi/Peshawar & the
Collector, Collectorate of Customs, Sales Tax & Federal Excise, Hyderabad/Quetta/Multan.]
********
C. No.3/13-STB/98 DATED 4 TH DECEMBER, 2006
SUBJECT: PURSHASE OF DREDGER B.D. FATHE IN OPEN AUCTION
FROM KARACHI PORT TRUST
I am directed to refer to your letter dated 21.11.2006 on the subject cited above
and to clarify that the value of US$ 220 per LDT fixed under Rule-82 of the Special
Procedure for Payment of Sales Tax by Ship Breaking Industry relates only to the ships
which are imported for scrapping or breaking. The said value is not applicable to the
locally purchased ships for which the assessable value for sales tax purpose shall be the
consideration in money including all Federal and Provincial duties and taxes, if any,
excluding the amount of sales tax as per provisions of section 2(46) (a) of the Sales Tax
Act, 1990.
[Issued by the CBR, Islamabad, under the signature of Mr. Wajid Ali, Secretary (ST&FE-
Budget), addressed to M/s Adam Trading, 30/2, Main Khy-e-Tanzeem, Ph-5, DHA, Karachi]
********
C. No. 1(20)STM/2006 DATED 6 TH DECEMBER, 2006
SUBJECT:
AUDIT OF REFUND CLAIMS BY CHARTERED ACCOUNTANT
FIRMS
I am directed to refer to the subject cited above and to say that the Sub-
Committee of the Standing Committee of National Assembly on Textile Industry, in a
meeting held today took a serious notice of the unnecessary objections being raised by
certain Chartered Accountant firms engaged in the audit of stock related refunds.
Therefore, it is directed that the matter be taken up immediately with the concerned
Chartered Accountant firms who may be asked to limit the scope of audit to the refund
claims only instead of requiring irrelevant documents from the refund claimants.
Moreover, the C.A firms may be asked to give their reports within 90 days positively to
ensure that the processing of the refund claims is not delayed unnecessarily.