GOVERNMENT OF PAKISTAN

MINISTRY OF FINANCE, ECONOMIC AFFAIRS,

STATISTICS AND REVENUE

(REVENUE DIVISION)

***

Islamabad, the 28^th January, 2006

Notification

(Sales Tax)

S.R.O. 73(I)/2006.– 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, sub-section (3) of section 22, section 23, 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 the Sales Tax Special Procedure Rules, 2005, namely:–

            In the aforesaid Rules,–

(a) in rule 78, in sub-rule (2), in the proviso, for the figure “300” the figure “220” shall be substituted; and

(b) in rule 81, in sub-rule (2), for the first proviso the following shall be substituted, namely:–

“Provided that as and where applicable and notwithstanding anything contained in any notification issued for the purpose of valuation under this Chapter, the liability of sales tax in respect of a ship including a ship in respect of which Goods Declaration (GD) is filed in future shall be deemed to have been discharged when the sales tax on local supply is paid on the basis of value addition of two thousand rupees per metric ton:”.

[C. No. 3/13-STB/99]

(Zafar ul Majeed)

Additional Secretary