 |
|
For business information, annual reports, laws, ordinances, regulations and articles. |
|
|
020615
GOVERNMENT
OF PAKISTAN MINISTRY OF FINANCE, ECONOMIC AFFAIRS, STATISTICS AND REVENUE
Islamabad, the 15th June, 2002
NOTIFICATION
(SALES TAX)
S.R.O. 344(I)/2002.¾
In exercise of the powers conferred by section 71 of the Sales Tax Act, 1990, the Federal
Government is pleased to direct that in the Special Procedure for Collection and Payment
of Sales Tax (Electric Power) Rules, 2000, the following further amendments shall be made
and shall be deemed to have been so made on the 15th March, 2000, namely: ¾
In the said Rules, in rule 7, ¾
(i) in sub-rule (1), for the words “WAPDA or KESC” the words
“distribution company” shall be substituted;
(ii) in sub-rule (2),
(a) after the word “invoice”, the words “in the tax period in which
the bill is paid” shall be inserted;
(b) the words “is in the name of the registered consumer and” shall be
omitted; and
(c) after the word “number” the words “and address of the business
premises declared to the Collector” shall be inserted;
(iii) sub-rules (3) and (4) shall be omitted; and
(iv) for sub-rule (5), the following shall be substituted, namely, ¾
“(5) In case a registered consumer is consuming electric power for both the taxable
as well as non-taxable activity, he shall ascertain the correct amount of electric power
consumed in taxable activity and adjust the input tax in accordance with the Apportionment
of Input Tax Rules, 1996.”
[C.No.1/4-STB/2002]
(FALAK SHER)
Additional Secretary
