Sales Tax Instructions

Sales Tax Instructions, 2009
(14) A new clause (f) has been added after clause (e) of section 48 of the
Sales Tax Act, 1990, to provide that where a guarantor or any other person,
company, bank or financial institution under any guarantee, bond or other
instrument fails to make payment under such guarantee, bond or instrument, such
amount may be recovered by attachment and sale of any movable and immovable
property of such guarantor, person company, bank or financial institution.
(15) In section 50 of the Sales Tax Act, 1990, after the word ―Act‖ at the end,
the comma and words ―including rules for charging fee for processing of returns,
claims and other documents and for preparation of copies thereof‖ has been
added.
8. The above explanations are merely illustrative and not exhaustive. In
case of any doubt the matter should be referred to the Board for clarification.
Annex-A
S.No. Detail of SROs.
1. SRO.548(I)/94, dated 9 th June, 1994.—This notification seeks to amend
SRO.1053(I)/93, dated 30 th October, 1993, and to include ―consumable
stores and loose tools‖ as goods in respect of which input tax can be
claimed.
2. SRO.549(I)/94, dated 9 th June, 1994.—This notification amends
SRO.1185(I)/90, dated 18 th November, 1990 and besides corrections in
the name of Sales Tax Act, 1990, seeks to exclude certain wholesalers,
retailers of certain items from payment of sales tax.
3. SRO.551(I)/94, dated 9 th June, 1994.— This notification amends
SRO.1186(I)/90 dated 18 th November, 1990 and besides in the name of
Sales Tax Act, 1990 excludes Molasses from zero rated taxation.
Molasses has otherwise been exempted.
4. SRO.552(I)/94, dated 9 th June, 1994.— Revised conditional exemption
for imported goods.
5. SRO.553(I)/94, dated 9 th June, 1994.— Revised conditional exemption
for goods manufactured or produced in Pakistan.
6. SRO.554(I)/94, dated 9 th June, 1994.— Revised general exemption for
imported goods.
7. SRO.555(I)/94, dated 9 th June, 1994.— Revised general exemption for
goods manufactured or produced in Pakistan.
8. SRO.556(I)/94, dated 9 th June, 1994.— Revised conditions for claiming
exemption under ―Cottage Industry‖ and exclusion of the Non-exempt
sector.
9. SRO.557(I)/94, dated 9 th June, 1994.— The notification amends
SRO.1136(I)/90, dated 1 st November, 1990 and besides correcting the
name of Sales Tax Act, 1990 seeks to add 42 items to the list on which
sales tax is to be charged at the retail price instead of ex-factory price.