S.R.O. 1087(I)/2019, Islamabad, the 19th September, 2019

Ginned Cotton in case of supply GOVERNMENT OF PAKISTAN REVENUE DIVISION FEDERAL BOARD OF REVENUE *** Islamabad, the 19th September, 2019. NOTIFICATION (SALES TAX) S.R.O. 1087(I)/2019.- In exercise of the powers conferred by sub-section (3A) of section 3 and sections 50 and 71 of the Sales Tax Act, 1990, the Federal Board of Revenue, with the approval of the Federal Minister-in-charge, is pleased to specify the ginned cotton in case of supply whereof the liability to pay sales tax as due under the said Act shall be of the person receiving the supply and such liability shall be discharged in the following manner, namely:- (a) the recipient of the supply of ginned cotton shall be duly registered under the Sales Tax Act, 1990, and the ginner shall not make any supply of ginned cotton to any person who is not so registered; , (b) the ginner shall issue a tax invoice on the supply of taxable goods under section 23 of the Sales Tax Act, 1990 indicating the value of taxable supply and the amount of tax due on such supply, alongwith other particulars as prescribed therein. The ginner shall also file the monthly return in accordance with the rules prescribed under the said Act; (c) the tax invoice shall be issued of the date on which the ginned cotton was despatched; (d) the recipient of ginned cotton shall deposit the tax due thereon under a payment challan indicating the name and registration number of supplier, alongwith the return for tax period in which invoice is issued for the relevant supply;…