GOVERNMENT OF PAKISTAN

MINISTRY OF FINANCE, ECONOMIC AFFAIRS,

STATISTICS AND REVENUE

(REVENUE DIVISION)

*********

Islamabad, the 8th September, 2004

NOTIFICATION

(SALES TAX)

S.R.O. 768(I)/2004.—In exercise of the powers conferred by section 71 of the Sales Tax Act, 1990, read with clause (9) of section 2,section 3, 3AA and 4, sub-section (2) of section 6, section 7A, clause (b) of sub-section (1) of section 8, clause (a) of sub-section (2) of section 13, sections 26AA and 34A, and the first and second provisos to section 45 thereof, the Federal Government is pleased to direct that the following further amendment shall be made in the Sales Tax Special Procedure Rules, 2004, namely:-

In the aforesaid Rules, in Chapter II, for "Annex-B" and "Annex-C" the following shall be substituted, namely:-

Note: In case of revised return, insert date of initial return.

GOVERNMENT OF PAKISTAN

Sales Tax Return – cum - Payment Challan for

COMMERCIAL IMPORTERS

Annex B

[See rule 12]

(02) N.T.N #

		Rs.
		Rs.

(07) Sales	VALUE (Excluding Sales Tax)	Rate	SALES TAX DUE (Output Tax)
(a) Taxable Supplies	Rs.	15%	Rs.
(b) Exports/Zero-rated Supplies	Rs.	0%
(c) Supplies to DTRE Registered persons	Rs.	0%
(d) Exempt Supplies	Rs.
TOTAL	Rs.		Rs.
(08) Purchases	VALUE (Excluding Sales Tax)	Rate	SALES TAX PAID (Input Tax)
(a) Taxable Imports	Rs.	15%	Rs.
(b) Taxable Purchases (Domestic)	Rs.	15%	Rs.
(c) ***************************	Rs. *****************	15%	Rs.***********************
(d) Exempt Purchases / Imports	Rs.
(e) All other Purchases	Rs.
TOTAL	Rs.		Rs.

(8A) Sales tax on value addition already paid on Treasury Challans

15 %

Rs.

Rs.

(10) Penalty for late filing

(09) Arrears / Additional Tax / Recoveries

Rs.

Rs.

Net amount payable (including Arrears, Additional Tax and Penalties)

Rs.

(11) TOTAL SALES TAX PAYABLE [7-(5+6+8)-8A+(9+10)]

Head of Account

q 0220000 Sales Tax

Declaration

I declare that the entries in this return are true and correct

Name Signature

N.I.C # Stamp

Designation

YEAR

Date

		Rs.
	For Bank use

Serial No……………… Amount

Amount in words. ………………………………………………………..… Received

…………………………………………………………………………..….

Bank Officer’s Signature ……………………………………….………… Bank’s

Stamp

Annex-C

See rule 13

STATEMENT OF VALUE ADDITION OF

COMMERCIAL IMPORTER

Sales Tax Registration No:__________________________________________

Name:__________________________________________________________

Address:________________________________________________________

Telephone No.:____________________ Fax:___________________________

For the year from______________ (monthly year) to ____________(month year)

1. Opening Stock as on 1^st July -------- Rs._________________

2. Total Imports during the year Rs._________________

3. Closing Stock as on 30^th June ------ Rs._________________

4. Total Sales during the year Rs._________________

5. Cost of Sales (1+2-3) Rs._________________

6. Value Addition (4-5) Rs._________________

6A. Value Addition Percentage (6/5) x 100 Rs._________________

7. Tax Payable on value addition [5+(5x6A)]x0.15 Rs._________________

8. Sales Tax paid during the year Rs._________________

9. Tax Payable (7-8) Rs._________________

10. Balance amount paid vide Challan No. and date Rs._________________

Signature:___________

Name:______________

Designation:_________

N.I. Card No:_________

Date:_______________

Annex-C-1

See rule 13

STATEMENT OF VALUE ADDITION OF COMMERCIAL IMPORTERS FOR DOMESTIC PURCHASES ONLY

Sales Tax Registration No:__________________________________________

Name:__________________________________________________________

Address:________________________________________________________

Telephone No.:____________________ Fax:___________________________

For the year from______________ (monthly year) to ____________(month year)

1. Opening Stock as on 1^st July -------- Rs._________________

2. Total purchases during the year Rs._________________

3. Closing Stock as on 30^th June ------ Rs._________________

4. Total Sales during the year Rs._________________

5. Sales Tax paid during the year on domestic goods Rs._________________

Signature:___________

Name:______________

Designation:_________

NIC Card No:________

Date:_______________

[C.No.3(12)ST-L&P/04]