GOVERNMENT OF PAKISTAN
MINISTRY OF FINANCE, ECONOMIC AFFAIRS,
STATISTICS AND REVENUE
(REVENUE DIVISION)
*********

Islamabad, the 21st June, 2004

 

NOTIFICATION
(Sales Tax)

            S.R.O. 526(I)/2004.- In exercise of the powers conferred by section 34A of the Sales Tax Act, 1990, The Federal Government is pleased to direct that the following amendment shall be made in its Notification No. S.R.O. 247(I)/2004, dated the 5th May, 2004, namely:-

In the aforesaid notification in clause (a),--

            (i)    for the figures and the word "20th June, 2004" the figures and the word "30^th June, 2004" shall be

                   substituted; and 

 

            (ii)    for the semi colon appearing at the end, the colon shall be substituted and thereafter the following

                    new provisos shall be inserted, namely:-

            

                "Provided that in case the additional tax payable by a registered person exceeds the principal amount, the additional  tax in excess of twenty five per cent of the principal amount and the whole of penalty shall be exempted, if the payment of outstanding principal amount and the additional tax as reduced by this notification is made on or before the 30^th June, 2004:

                Provided further that in case only an amount of penalty is outstanding against a registered person, if he pays an amount equal to twenty-five per cent of the such amount by the 30^th June, 2004, the remaining amount of penalty shall be exempted."
            ________________________________________________________________________ 
            [C.No. 3(11) ST-L&P/2004]

 

                                                                                                                         (SHAHID AHMAD)

                                                                                                                Additional Secretary