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020330
GOVERNMENT OF PAKISTAN REVENUE
DIVISION CENTRAL BOARD OF REVENUE (SALES TAX WING)
SALES TAX RULING/INSTRUCTION NO. 24/2002
Islamabad, the 30th March, 2002
C.No.1(8)/STT/2002
Mr. Sattar Silat,
31, Moosa Market,
Opp. Sind Madressa,
Shahrah-e-Liaquat,
Karachi.
SUBJECT:
REQUEST FOR CLARIFICATION REGARDING CHARGEABILITY OF SALES TAX ON THE STOCK OF DRUGS AND MEDICINES MANUFACTURED PRIOR TO 21ST MARCH, 2002 LYING OUTSIDE THE MANUFACTURING PREMISES AND/OR WITH THE DISTRIBUTOR HOLDING BEHALF OF THE MANUFACTURE.
I am directed to refer to your letter dated 26th
March, 2002, on the subject cited above and to say that all supplies of pharmaceuticals
made by a manufacturer (regardless of where the goods are lying) are chargeable to sales
tax. There is no difference of supplies made from factory premises or from any warehouse
or other place for sales tax purposes. Taxable event in the sales tax law is the time of
supply as defined in section 2(44) of the Sales Tax Act, 1990.
Sd/-
(DR. ASHFAQ AHMED TUNIO)
Secretary (ST-L&P)
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