Islamabad, the 28th October, 2004
ORDER
(SALES TAX)
S.R.O.881(I)/2004.–
WHEREAS, sales tax has been levied on cotton seed oil and cotton seed oil
cake extracted from cotton seed by the mechanical oil expellers in the
Budget 2004-05;
AND WHEREAS, the levy imposed
on the mechanical oil expellers was a new levy and they were previously not
in the registration net, therefore, a number of mechanical oil expellers
could not file their sales tax returns within the due dates, as required
under sub-section (9) of section 2 of the Sales Tax Act, 1990, due to lack
of knowledge of Sales Tax law and procedures;
NOW,
THEREFORE, in exercise of the powers conferred by section 34A of the Sales
Tax Act, 1990, the Central Board of Revenue is pleased to exempt, as a
special case, whole of the amount of additional tax and penalty chargeable
from the mechanical oil expelling units due to late filing of returns for
the tax periods July, August and September, 2004 subject to following
conditions, namely:-
(a)
they shall file their outstanding returns by the 31st day
of October, 2004; and
(b)
no refund of additional tax or penalty, if already paid on account of
late filing of tax returns for the
aforesaid tax periods, shall be admissible.
__________________________________________________________________________________________________________
[3(98)STP/96]
Aamer Amin Bhatti)
Secretary (ST-L&P)