Sales Tax Instructions

Sales Tax Instructions, 2009
(viii)
(ix)
(x)
(xi)
(xii)
(xiii)
(xiv)
(xv)
(xvi)
The term ―franchise‖ is being redefined in Federal Excise Act, 2005 to
include technical fee. Moreover, banks is being made withholding agents
to deduct FED on franchise fee at the time of remittance by amending
Federal Excise Rules, 2005.
Section 8 of the Federal Excise Act, 2005 is being amended to extend its
scope for inadmissible refunds or drawback.
Time period is being increased to rectify mistakes, in any orders passed
under the Act, from 3 to 5 years.
A new section is being added in Federal Excise Act, 2005 to enable
adoption of provisions of Sales Tax Act, 1990.
Excisable services rendered from abroad are being made liable to Federal
Excise Duty by amending section 3 of the Federal Excise Act, 2005.
Section 35 of the Federal Excise Act, 2005 is being amended to increase
the time period for re-opening cases from 2 years to 5 years.
Entries S. No.3A and 33 of table-I (Health Insurance and Life Insurance)
are being shifted to their correct place in Table-II of Third Schedule.
Section 12 of the Federal Excise Act, 2005 is being amended to
synchronize the definition of value of supply with that of the Sales Tax
Act, 1990.
The manufacturers of cigarettes are being allowed to increase minimum
retail prices in different slabs. The same along with revised rates of FED
are being incorporated in the First Schedule of the Act.
2. The Collectors are requested to carefully study all budgetary
amendments and notifications, etc. for their proper comprehension and application. In
case of any ambiguity regarding implementation of budgetary measures, the Board may
be approached immediately for clarification and guidance.
[Issued by the Sales Tax & Federal Excise Wing, under the signature of Mr. Abdul Sattar
Aora, Chief (ST&FE-II), addressed to all DGs / Collectors.
********
SALES TAX GENERAL ORDER 22 OF 2008
C.No.3(7)ST-L&P/2006 (Pt) DATED 26 TH JUNE, 2008
SUBJECT: REVISION OF SALES TAX RATE W.E.F. 1ST JULY 2008 -
PRINTING OF RETAIL PRICE.