- GOVERNMENT
OF PAKISTAN
- MINISTRY
OF FINANCE, ECONOMIC AFFAIRS,
- STATISTICS
AND REVENUE
- (REVENUE
DIVISION)
- *****
- Islamabad,
the 18th October, 2004
-
- NOTIFICATION
- (SALES
TAX)
-
-
S.R.O
859(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,
section 26AA and 34A, and the first and second provisos to section 45
thereof, the Federal Government is pleased to direct that following further
amendment shall be made in the Sales Tax Special
Procedure Rules, 2004, namely:-
-
- In
the aforesaid rules, in rule 19, after the first proviso and Example thereof
the following second proviso shall be added, namely:–
-
-
“Provided further that the minimum value addition
from the retail sectors specified in column (2) shall
-
be
charged at the corresponding rates specified in column (3) of the Table
below,–
-
- TABLE
-
-
| S.No. |
Retail Sector |
Value Addition |
| (1) |
(2) |
(3) |
| 1. |
Motorcycles |
4% |
| 2. |
Rubber Tyres |
3% |
| 3. |
Mild Steel Products i.e. Steel Bars etc. |
Rs 600/- PMT |
| 4. |
Electronic Goods of Domestic Use (Pakistan
Origin) |
3% |
| 5. |
Flat Rolled Products of Chapter 72 including Tin
Plate and Tin Free Steel |
3%.”. |