GOVERNMENT OF PAKISTAN
MINISTRY OF FINANCE, ECONOMIC AFFAIRS,
STATISTICS & REVENUE
REVENUE DIVISION
******
Islamabad, the 18th  March, 2004.
 
NOTIFICATION
(SALES TAX)
 
            S.R.O. 166 (I)/2004.— In exercise of the powers conferred by sub-section (1) of section 71 of the Sales Tax Act, 1990, read with clause (a) of sub-section (2) of section 13 thereof, the Federal Government is pleased to make the following rules, namely:-
 
1.   Short title, application and commencement. —
 
        (1)    These rules may be called the Special Procedure for Manufacturers- cum-Suppliers of Spun Yarn Rules,
                2004.
 
       (2)    They shall apply to such supply of spun yarn of all sorts by manufacturers-cum-suppliers of spun yarn
                who are members of the All Pakistan Textile Mills Association, hereinafter referred to as APTMA, and
                duly certified by APTMA.
 
       (3)   These rules shall be deemed to have come into force on the 1st March, 2004, and shall remain in force
                till the 30th June, 2004, and thereafter shall stand rescinded.     
 
2.   Definitions.—
  
        (1)    In these rules, unless there is anything repugnant in the subject or context,—
 
                (a)   "Act" means the Sales Tax Act, 1990;
 
                (b)    "Annexure" means the Annexure to these rules;
 
                (c)   "manufacturers-cum-suppliers of spun yarn" means a person registered as manufacturer of spun
            yarn under section 14 of the Act and is a member of APTMA; and
   
    (d)   "spun yarn" means yarn spun from cotton or other natural and man made materials or any blends
            thereof.
 
(2)    The words and expressions used but not defined in these rules shall have the  meaning assigned to them in the Act.
 
3.  Exemption.—
 
            Supply of spun yarn by a manufacturer-cum-supplier of spun yarn shall be exempt from the levy of further
 tax under sub-section (1A) of section 3 of the Act provided that—
 
            (a)   the manufacturer-cum-supplier makes supplies of spun yarn against crossed  cheque or any other
                    banking instrument showing transfer of payment in the bank account of seller from the bank account
                    of buyer and the information about the supplies made is furnished to the Collector of Sales Tax having
                     jurisdiction over the manufacturer-cum-supplier, in the form, as set out in Annexure A  (hard copy
                    along with soft copy in Excel format), by the 15th day of the following month;
 
            (b)   the supplies for which the information cannot be provided as required under clause (a) shall be
                    deemed to have been made to an unregistered person for which there will be no levy of further tax if
                    the information about such supplies is made to the Collector of Sales Tax having jurisdiction over the
                    manufacturer-cum-supplier, in the form as set out in Annexure B (hard copy along with soft copy in
                    Excel format), by the 15th day of the following month;
   
            (c)   the manufacturer-cum-supplier shall issue sales tax invoice in case of supplies as specified in clause
                    (b) giving all the particulars of the buyer except the sales tax registration number; and
 
            (d)   any registered person who opts to avail the benefit under the provisions of these rules but fails to
                    provide information as specified in clauses (a) and (b) shall become ineligible to avail benefit
                    thereunder.
  
4.   Miscellaneous.
 
        All provisions of the rules made under the Act shall, in so far as these are not inconsistent with these rules, mutatis mutandis, apply to manufacturer-cum-supplier of spun yarn.
 
                                                                                                                                                    Annexure A
                                                                                                                                                [See rule 3(a)]
 
S.No
Name of buyer.
Complete address of buyer with tele No.
Regist-ration No.
Invoice No. and date.
Descript-ion of goods with count.
Quantity
Value
Bank instrument with No. and date or Credit Note No.and date.
Buyers account No. with Bank Branch.
Delivery Note No. and date.
Remarks.
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                                                                                                                   Annexure B
                                                                                                                                                [See rule 3(b)]
 
S.No
Name of buyer
Address of buyer
Invoice No. and date.
Description of goods with count.
Quantity
Value
Mode of payment or Credit Note No. and date.
Delivery Note No. and date.
Remarks.
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
 
 
 
 
 
 
 
 
 
 
____________________________________________________________________________________________________
[3(14)ST-L&P/2003]
 
 
 
(SHAHID AHMAD)
Additional Secretary