Sales Tax Instructions

Sales Tax Instructions, 2009
(x)
(xi)
(xii)
For better monitoring, section 22 has been amended to empower the
Board to notify the requirement binding the registered person to declare
the business bank accounts to the concerned Collector and only to make
and receive payments with regard to sales tax transactions through the
said bank accounts.
For companies, it has been made mandatory to furnish their audited
accounts duly certified by the auditors regarding discharge of tax
liabilities.
For exports made by land route to Afghanistan, it has been made
mandatory to produce manufacturer‘s invoice for claiming sales tax
refund.
II.
FEDERAL EXCISE
Relief Measures
(i)
(ii)
Excise duty on the following POL products is being abolished:-
(1) Petroleum bitumen
(2) Motor spirit
(3) Jet fuel
Excise duty on the following services is being abolished:-
(1) Foreign exchange dealers and exchange companies
(2) Health insurance service
(3) Cable TV
Revenue Measures
(ix)
Scope of excise duty has been extended to all non-fund services provided
by the banks and other financial institutions. However, non-fund services
like utility charges collection services, Umra and Hajj service charges
and cheque book issuance charges shall remain exempt from payment of
this duty. Collector LTU Karachi and Lahore are advised to coordinate
with banks to ensure implementation of this measure.
(x) In respect of cigarettes the excise duty slabs have been increased by 7%.
This measure shall have immediate effect.
(xi)
Through amendment in the First Schedule to the Federal Excise Act, the
levy of Federal Excise duty on air travel has been extended to the
passengers traveling to Pakistan from abroad and on their return journey.
Moreover, other air travel related taxes i.e. Airport Tax and Foreign