Government of Pakistan
(Revenue Division)
Central Board of Revenue
[Sales Tax & Federal Excise Wing]
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C. No. 3/13-STB/98                                                      

Islamabad, the 8th September, 2006.
 

 SALES TAX GENERAL ORDER NO. 06/2006 
 
SUBJECT:     ISSUES RELATING TO STEEL SECTOR ---- AMENDMENT IN SALES TAX GENERALORDER NO. 03/2006. 


                        To streamline the sales tax regime applicable for the steel sector under SRO 678(I)/2006 dated 30.06.2006, the Central Board of Revenue, in exercise of the power conferred under section 55 of the Sales Tax Act, 1990, is pleased to make following amendment in Sales Tax General Order No. 03/2006 dated 28.07.2006, namely: 

After clause (i) and (ii), a new clause (iii) shall be inserted as follows: 

(iii)       Similarly re-rolling mills producing MS products from locally produced ingots and billets (except Pakistan Steel Mills billets) shall issue sales tax invoices for MS products supplied to downstream industry reflecting sales tax of Rs. 270/- PMT and Rs. 2410/- PMT enabling the downstream industry to obtain input adjustment of sales tax paid on scrap and melting stage. 

 

(Wajid Ali)

Secretary (ST&FE-Budget)