Sales Tax Instructions

Sales Tax Instructions, 2009
C. NO.1/15-STB/94 DATED 3RD MARCH, 1994
SUBJECT:- CLARIFICATION OF APPLICABILITY OF SALES TAX IN
CASE OF INTERNATIONAL CONTRACT COVERED UNDER
SRO 555(I)/90 AND 597(I)/90 BOTH DATED 7TH JUNE, 1990
I am directed to refer to your representation No. LI/30/INT-CONT/1813-077,
dated 7th February, 1994, on the above noted subject. The plea for grant of refund on
mild steel products for the period from 22nd December, 1991 to 20th October, 1992
cannot be acceded to on the following grounds:
(i)
(ii)
(iii)
the fixed tax rules for M.S. products notified under SRO 151(I)/92 dated 2nd
March, 1992 are compulsory as is evident from sub-rule (2) of rule I of said
SRO. Your plea that the tax was paid on the basis of actual clearance for the
aforesaid period is therefore not tenable.
though the notification was issued on 2nd March, 1992 but it was given
retrospective effect from 1st October, 1991 as per agreement with the
Association. The period under reference when the goods were cleared is fully
covered by the fixed tax SRO.
As per rule 11 of the said SRO, no rebate, remission, refund or adjustment
shall be allowed.
2. In the light of above legal position your plea for refund cannot be
entertained by the Board.
[Issued by the CBR., Islamabad, under the signature of Mr. Amir Mohammad Khan
Marwat, Secretary (STB), addressed to M/s. Lion Industries & Re-rolling Mills, Lahore; and copy
is sent to Collector, Central Excise and Sales Tax, Lahore.]
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C. NO.16(7)ST/88 DATED 27 TH MARCH, 1994
SUBJECT:- COLLECTION OF SALES TAX AT STATUTORY RATE OF 15%
AFTER WITHDRAWAL OF CAPACITY DUTY ON AERATED
WATER
The Central Board of Revenue vide Notification No. SRO(I)/94, Islamabad,
dated the 22 nd March, 1994 has rescinded the Excise Duty on Production Capacity
(Aerated Waters) Rules, 1990 as notified vide Notification No.SRO 507(I)/90 dated 7 th
June, 1990 w.e.f. 22 nd day of March, 1994.
2. After switching back from the capacity scheme to tax on actual
production the sales tax on beverages industry would be leviable at the statutory rate of
15% less input tax credit of raw materials under section 7 of Sales Tax Act, 1990 and
adjustment in 60 installments of machinery under section 10 ibid.