Sales Tax Instructions

Sales Tax Instructions, 2009
7. Wire netting (loom manufacturing)
8. Agarbattis
9. Brass sanitary fittings
10. Cement construction blocks
11. Corrugated and solid board cartons
12. Electric fans
13. Fasteners (nuts, bolts and screws)
14. Iron / steel nails
15. Melamine crockery
16. Marble tiles
17. Paints and varnishes
18. Printing and graphic art industry
19. Plastic bags
20. Plastic goods
21. Sweetened supari
22. Thread balls / cotton and man made sewing thread
23. Washing machine
24. Desert cooler
25. Electric geysers and water cooler etc.
[Issued by the CBR., Islamabad, under the signature of Mr. S. A. Alam, Secretary (STC),
vide Ex. Ord. Gaz. Of Pak., 1994, Pt.II, P.1381. File F. No.5(26)PC/92.]
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SALES TAX CIRCULAR NO.8/1994 DATED 10 TH OCTOBER, 1994
SUBJECT:- REMOVAL OF HARDSHIP-LEVY COLLECTION AND
ADJUSTMENT OF SALES TAX ON IRON.
The Board, cognizant of the problems being faced by manufacturers of iron and
steel welded pipes (whether galvanized or not) in claiming credit of input tax for want of
clearance documents, hereby prescribes the following procedure for facilitation of
manufacturers:--
(i)
(ii)
(iii)
(iv)
Input tax paid on the purchase of raw materials at earlier stages can be
refunded/adjusted against tax liability at the finished stage on production
or evidence to the effect that input tax was actually paid on raw materials
at earlier stages.
As regards the manufacturers who cannot produce Bill of Entry relating to
import of zinc or clearance document issued by Pakistan Steel they are
allowed to seek credit for input tax on the basis of the price of the raw
materials as notified by Pakistan Steel during the relevant period.
In case of zinc, the input tax may be worked out on the basis of the import
trade price (ITP) of zinc as notified by the Controller of Customs
valuation during the relevant period.
The manufacturers shall keep prescribed record of the purchased products
indicating the name and address of the seller, date of purchase, quantity
and value of raw materials.