Sales Tax Instructions

Sales Tax Instructions, 2009
(c)
Supplies - Imported - Other
than 3 rd schedule
items
(d) Utilities Supplies - Telephone
(e)
Supplies - Gas
(f)
Supplies - Electricity
(g) Exempt - Supplies - Local
(h)
Supplies - Imports
(i) Other - If any,
specify _______________
Total [Add 9(a) to 9(i)]
10 Sales tax on value addition paid on goods
declaration
11 Stock Position for Imported Taxable (non-zero-rated) Goods for the quarter
Third Schedule Items No-Third Schedule Items
Opening Balance (a) Rs.________________ (e) Rs.________________
Addition during the quarter (b) Rs.________________ (f) Rs.________________
Closing Balance (c) Rs.________________ (g) Rs.________________
Cost of Sales during the quarter (d) Rs.________________ (h) Rs.________________
12 Sales Tax as per invoices, as above [8(b) or 8(c)] Rs.________________ Rs.________________
13 Less: Already aid at import stage against 11(d) or
11(h), as the case may be Rs.________________ Rs.________________
14 Plus: Adjustment for invoices where value
addition is less than prescribed, 15% or 10%, as
the case may be (see note 1) Rs.________________ Rs.________________
15 Sales Tax payable with the return
(12 – 13 + 14) (a) Rs.___________ (b) Rs.__________ (a)+(b) Rs.__________
16 Stock Position for Local Taxable (non-zero-rated) Goods for the quarter
(a) Opening Balance
Rs._______________
_
(b) Addition during the quarter
Rs._______________
_
(c) Closing Balance
Rs._______________
_
(d) Cost of Sales during the quarter
Rs._______________
_
17 Minimum sales tax payable at 15% value addition on cost of sales
18 Plus: Adjustment for invoices where value addition is more than (see note 2)
19 Sales Tax payable on local goods supplies (17 + 18)
20 Sales tax due:
(a) For the quarter [(15 + 19)]
(b) Arrears/recoveries as a result of audit / penalties imposed (give details in the space
provided below)
(i) Principal Amount
(ii) Default Surcharge
(iii) Penalty
(c) Total Sales Tax Payable [Add 20(a) or 20(b)(iii)] (Head of Account B-2341 –
Sales Tax)
No
Note 1: Adjustment for each invoice is the amount of sales tax payable on difference of prescribed value addition and
actual value addition.
Note 2: Adjustment for each invoice is the amount of sales tax payable on difference of prescribed value addition and
prescribed 5% value addition.
DECLARATION
I, _____________________________________________________, holder of CNIC No.________________________ in
my capacity as Self/Member or partner of Association of persons / Principal Officer/ Trustee/ Representative8* of the
Taxpayer named above, do solemnly declare that to the best of my knowledge and belief the information given in this
Return and the attached Statement(s), is/are correct, complete and in accordance with the provisions of the Sales tax Act,
1990, and Rules and Notifications issued thereunder.