GOVERNMENT OF PAKISTAN

MINISTRY OF FINANCE, ECONOMIC AFFAIRS,

STATISTICS & REVENUE

CENTRAL BOARD OF REVENUE

*****

Islamabad, the 27^th January, 2005.

NOTIFICATION

(SALES TAX)

S.R.O. 78(I)/2005.¾ In exercise of the powers conferred by section 71 of the Sales Tax Act, 1990, read with clause (9) of section 2, sections 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 amendments shall be made in Sales Tax Special Procedure Rules, 2004, namely:-

In the aforesaid Rules, ¾

(a) for rule 108 the following shall be substituted, namely:-

“108. Application.-- The provisions of this Chapter shall apply to every registered advertising agency, which is a member of Pakistan Advertising Association and supplies or supervises the supply of printed material to its clients as well as to every registered printer who supplies printed material through an advertising agency.”;

(b) in rule 109, in clause (b) after the word “clients”, the words “and is a member of Pakistan Advertising Association” shall be added;

(a) after the rule 117, the following new rule shall be inserted, namely:-

“117A. Liability of Printer.--In case the advertising agency does not opt for registration under this Chapter, the payment of sales tax chargeable on its commission shall be made by the registered printer who supplies printed (promotional) material through that advertising agency and the printer shall issue a sales tax invoice for entire transaction value including the commission component of advertising agency and shall also indicate such commissions separately on the invoice”.

[C. NO.1(17)STR/2000]

(SHAHID AHMAD)

Additional Secretary