S.R.O. 458(I)/99, Islamabad, the 6th April, 1999

SROS: S.R.O. 458(I)/99, Islamabad, the 6th April, 1999 SPECIAL PROCEDURE LEVY AND COLLECTION OF SALES TAX, SIMPLIFIED SALES TAX RULES, 1999 S.R.O. 458(I)/99, Islamabad, the 6th April, 1999:- In exercise of the powers conferred by section 71 of the Sales Tax Act, 1990, the Federal Government is pleased to make the following special procedure for the levy and collection of sales tax, namely:- THE SIMPLIFIED SALES TAX RULES, 1999 1. Short title, application and commencement.- (1) These rules may be called the Simplified Sales Tax Rules, 1999. (2) They shall apply to the manufacturers of goods specified in the Schedule to these rules whose annual turnover is below one million rupees except the manufacturers of goods who are already operating under the Value Added Tax System: Provided that nothing in this sub-section shall apply in respect of a registered person who - (i) was during the financial year 1998-99, and presently still is, a manufacturer of any of the commodities specified in the Schedule; (ii) was working under any notified fixed tax scheme up to the 30th June, 1998; (iii) has fulfilled his fixed tax and simplified sales tax liabilities under the relevant Notifications and rules; (iv) pays arrears, if any, pertaining to the period either up to the 30th June, 1999, or thereafter up to the 31st December, 2001; (v) is not involved in any case of tax fraud; and (vi) is registered and is regularly paying sales tax at the rate specified in sub-section(1) of section 3 of the Sales Tax Act, 1990, since the 1st July, 2000, or the date of starting to operate under the VAT mode of sales tax, whichever is earlier. (3) They shall come into force at once and, unless repealed earlier, shall remain in force during the financial year 1998-99. 2. Definitions.-(1) In these Rules, unless there is anything repugnant in the subject or context,- (a) Act means the Sales Tax Act, 1990; (b) Assistant Collector means the Assistant Collector or the Deputy Collector of Sales Tax within whose jurisdiction the manufacturers business is situated; (c) Association means the respective association of manufacturers duly recognized by the Federal Government; (d) Anjuman means the All…