Sales Tax Instructions

Sales Tax Instructions, 2009
(i) Withdrawal of exemption: Sales tax exemption on pig iron
manufactured by Pakistan Steel Mills has been withdrawn.
(ii) Sales tax @ 20%: Sales tax shall be charged @ 20% on the items given
in the relevant SRO.
(iii) Sales tax @ 10%: Rate of sales tax has been reduced from 15% to 10%
on items listed in the relevant SRO.
(iv) Conditional exemption: SRO.553(I)/92 has been amended to grant
conditional exemption on a large number of items of machinery.
Similarly, conditional exemption of sales tax is being granted on locally
manufactured machinery, equipment and raw material and intermediary
goods to the extent to which sales tax exemption is available at import
stage. For this, a separate SRO has been issued.
(2) Import related:
(i)
(ii)
(iii)
(iv)
(v)
Withdrawal of exemption: SRO.554(I)/94 has been amended to
withdraw exemption on typewriter ribbons.
Exemption of sales tax: Imported tyres for buses and trucks have been
exempted from sales tax.
Sales tax @ 20%: Rate of sales tax on the import of certain items listed
in the relevant SRO has been raised from 15% to 20%.
Sales tax on imports via KKH: Goods imported via the land route into
the Northern Areas shall be charged to sales tax from the date on
which Sales Tax Act, 1990 is extended to the Northern Areas. The
date will be communicated shortly.
Conditional exemption:
(a)
(b)
SRO.552(I)/94 dated 9 th June, 1994 is being amended to grant
conditional exemption on a large number of items of machinery,
and raw materials for typewriter ribbons and computer printer
ribbons.
Previously, SRO.500(I)/94, dated 9 th June, 1994 allowed
repayment of customs duty only. Now that SRO has been
replaced by another notification under which goods will be
released free of customs duty and sales tax against proper
guarantee.
PART-B
AMENDMENTS IN THE SALES TAX ACT, 1990.
The following amendments are being made in the Sales Tax Act, 1990:--