Sales Tax Instructions

Sales Tax Instructions, 2009
falls in purview of rule 33 and they need not apply for adjustment advice. Accordingly,
rule 33 would be fully applicable to their case and the refund should be sanctioned on the
basis of goods consumed in making of zero-rated supplies. This will require submission
of proper stock statement but the need for filing adjustment notes as mentioned in LTU‘s
letter will be eliminated and this arrangement is also in conformity with the rules.
3. However, in such cases problem may arise when there are seasonal
purchases and the excess of input tax is partly due to zero-rated supplies and party due to
heavy purchases. In this situation, if the excess input tax exceeds the refund calculated in
accordance with rule 33, adjustment advice for such excess amount may be issued and if
the period of three months as stipulated in SRO 666(I)/2005 has already passed, the
excess amount may be paid as refund.
4. Before finalizing the issue, LTU is requested to furnish its comments on
the aforesaid observation of the Board.
[Issued by the CBR, Islamabad, under the signature of Mr. Abdul Hameed Memon
Secretary (ST&FE-L&P), addressed to the Collector, LTU, Karachi.]
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C. No.1(1)Chief (ST&FE)/07 DATED 5 TH MARCH, 2007
SUBJECT: NATIONAL ASSEMBLY STANDING COMMITTEE ON
TEXTILE INDUSTRY‘S MEETING HELD ON 1 ST MARCH 2007 -
REFUND OF SALES TAX.
Please refer to the subject cited above.
2. The national Assembly Standing Committee on Textile Industry in its
meeting held on 01.03.2007 in the National Assembly Secretariat discussed the issue of
Sales Tax refunds. The National Assembly Standing Committee has directed that all
pending (zero rated and non-zero rated) cases of Sales Tax Refunds as on 25.02.2007
should be settled / cleared by 31.03.2007. You are requested to please ensure compliance
of the National Assembly Standing Committee‘s directive by the due date.
[Issued by the Government of Pakistan, Revenue Division, C. B. R. (Sales Tax Wing),
Islamabad, under the signature of Mr. Abdul Sattar Aora, Chief (ST&FE-II), being addressed to
the Collector of Sales Tax & Federal Excise (Enforcement), Sales Tax House, Karachi, the
Collector of Sales Tax & Federal Excise, Lahore/ Gujranwala/ Rawalpindi, the Collector of
Customs, Sales Tax & Federal Excise, Multan/ Hyderabad/ Quetta and the Collector, Regional
Tax Office, Rawalpindi/ Abbotabad/ Peshawar/ Faisalabad.]
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C. No. 4(16)STM/2006 DATED 6 TH MARCH, 2007
SUBJECT:
FAKE SALES TAX INVOICES ISSUED BY M/S. DANYAL