Sales Tax Instructions

Sales Tax Instructions, 2009
C. NO.3/13-STB/98 DATED 28 TH JUNE, 2007
SUBJECT:
COLLECTION OF SALES TAX ON SHIPS IMPORTED FOR
BREAKING UPTO 27.06.2007
I am directed to refer to the subject cited above and to say that the Special
Procedure for Payment of Sales tax from Ship Breakers notified under SRO 678(I)/2006,
dated 30.06.2006 shall stand repealed after 30 th June, 2007. A new procedure for
collection from ship breaking industry is being notified in view of the zero-rating of ships
imported for scrapping under SRO 646(I)/2007, dated 27.06.2007. To ensure due
collection of sales tax on ships imported up to 26.06.2007, the following instructions are
being issued for compliance by all concerned:
(i) In case of ships whose bills of entries (goods declaration) were filed before 9 th
June, 2007, the ship breakers shall discharge their sales tax liabilities thereon by
30.06.2007 under SRO 678(I)/2006; and
(ii) In case of ships whose bills of entries (goods declaration) were filed during the
period 09.06.2007 to 26.06.2007, sales tax liabilities shall be discharge under the
new procedure effective from 1 st July, 2007. However, adjustment of sales tax paid
at import stage on these ships shall be admissible to the ship breakers against the
output tax chargeable on supply of ship plates / re-rollable scrap obtained from
scrapping thereof.
2. A report regarding compliance of above instructions be sent to the Board
by 15.07.2007.
[Issued by the, CBR, under the signature of Mr.Wajid Ali, Secretary (ST&FE-Budget),
being addressed to the Collector, Collectorate of Sales Tax and Federal Excise, Quetta. Copy to
the Additional Collector, Sales Tax, (Hub), Gaddani and the Chairman, Pakistan Ship Breakers‘
Association, Karachi.]
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C. No. 1/2-STB/2006 DATED 30 TH JUNE, 2007
SUBJECT:
AMNESTY UNDER SRO 463(I)/2007 DATED 9 TH JUNE, 2007 AND
SRO 512(I)/2007 DATED 13 TH JUNE, 2007
I am directed to refer to the subject cited above and to clarify that amnesty/
waiver of default surcharge and penalties under the provisions of SRO 463(I)/2007 dated
9 th June, 2007 and SRO 512(I)/2007 dated 13 th June, 2007 shall also apply in cases where
principal amount of sales tax/excise duty has been deposited by the registered persons
prior to 9 th June, 2007. However, the subject amnesty scheme does not apply to cases of
fraudulent refunds and other tax frauds.
[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