REVENUE
DIVISION
CENTRAL
BOARD OF REVENUE
(Sales
Tax Wing)
*****
C.No.2(1)STP/2000
(Pt)
Islamabad, the 31st August, 2000
Withdrawn vide SALES TAX GENERAL ORDER NO.01/2002
Subject:
CLARIFICATION
REGARDING REFUND RULES 2000 ISSUED
VIDE NOTIFICATION NO. SRO 417(I)/2000 DATED 20-6-2000.
Central Board of Revenue vide its letter C.No. 3(10)STP/2000 dated
11-8-2000 has relaxed the condition of the same state goods or continuous chain
tax invoices stipulated in the Sales Tax Refund Rules, 2000 in respect of such
inputs as are purchased or acquired up to 31st August 2000 provided that outputs
manufactured or produced therefrom are exported upto 30th September,
2000.
2.
Since documentation of textile sector is in progress, Board has further
decided that in case of textile made-ups, only such refund claims shall be
entertained if these are supported with input tax invoices upto the value of 75%
of the total inputs’ value and are otherwise in order and refund in such cases
shall be paid only in respect of such input tax invoices. This bench mark will stand enhanced to 80% with effect from 1st
January, 2001 till 30th March, 2001, whereafter only such refund
claims of textile made ups shall be entertained which are supported with input
tax invoices upto at least 90% of the total inputs’ value.
3.
The Collectors of Sales Tax are directed to ensure strict compliance of
these instructions.
(
ABDUL RAZZAQ )
Secretary (STP)
Tel: 9203308