Law: Sales Tax Act, 1990

Section: 7, 8, 10

SALES TAX ACT, 1990 (VII OF 1990) Sections 7, 8 & 10   Agreement has no legal basis and the same could not claim any preference over legislative prerogative of the Federal Government, whereby it is empowered to determine, restrict, fix or provide rates/percentage in lieu of zero-rated supply.                                                                                [Paras 2 & 3 at A] RESULT:                   Reference application dismissed. ORDER:  (1). Following question of law is proposed for determination, statedly arising out of the order dated 02.02.2021 of the Appellate Tribunal, Inland Revenue, Multan Bench, Multan, (‘Tribunal’), which read as under, “Whether on the facts and in the circumstances of the case, the Appellate Tribunal Inland Revenue was justified to allow input tax adjustment/refund to the registered person without giving due consideration to the agreement between the Officers of Sales Tax Department and Representatives of Exporters of the confectionery ( CL. 492 )                  C.I.R. Vs. Naveed Enterprises (Pvt.) Limited      CL. 493                 items, constituted for fixation of percentage of use of Packing Material, towards exports of confectionery items vide agreement dated 12.04.2006?” With the assistance of the…