Sales Tax Instructions

Sales Tax Instructions, 2009
44 Section 73 of the Sales
Tax Act, 1990 –
application thereof.
45 Section 73 of the Sales
Tax Act, 1990-disclosure
of bank account No on
the face of banking
instrument.
46 Concept of book adjustments
and payments
under the Sales Tax Act,
1990.
47 Sales Tax and Central
Excise Budget
Instructions 2005-06.
48 Application of section 73
of the Sales Tax Act,
1990.
C. No.3(36)STP
/99(Pt.1), dated
14 th July, 2004
C. No. 3(36) STP
/99 dated 19 th
August, 2004
C. No. 3(36) STP
/99 dated 20 th
October, 2004
C. No. 1/33-STB
/2005 dated 6 th
June, 2005
C. No. 3(36)ST
& FE-L&P/99
dated 6 th April,
2006
In case where buyers are
not required to be registered
the provisions of section 73
shall not as such apply.
Not mandatory for buyer to
disclose the business bank
account number of the
supplier on the face of
banking instrument.
Whether payments made by
the parent company from its
own business bank account
to suppliers of its subsidiary
company, from the debt it
owes to its subsidiary
company fulfills Sec 73
requirement?
Services, stevedore, default
surcharge, adjudication,
appeal High, Court, retail
price, hotels, section 36
Section 40A section 73,
Requirement of sec 73 is
not fulfilled where payment
is made by buyer through
banking instrument to the
creditor of the supplier.
1111
1133
1159
1223
1335
PENALTY :
1 Legal interpretation of
relevant provisions of
Amended Sales Tax Act,
1990.
2 Federal Budget 1994-95–
instructions regarding matt
ers relating to sales tax.
3 Sales Tax Budget
Instructions 1996-97.
C. No.11(35)/91 -
STR, dated 21 st
March, 1992
No.1/21-STB/ 94,
dated 9 th June,
1994.
C.No.1/43-STR/
96, dated 13 th
June, 1996.
4 Exemption of additional ta C.No.1(33)STP/9
x and penalties under SRO 3, dated 26 th
481(I)/98 upto 30.5. 1998. May, 1998.
Non-registered person
making a taxable supply
without a tax invoice
cannot be penalized under
section 33(2)(a).
Instructions regading
penalty.
Instructions
penalty.
regading
Amnesty of additional tax/
penalty if principal amount
is deposited.
5 Sales Tax – Budget Day C. No. 1/10-STB/ Instructions regading 258
27
81
134
257