S.R.O. 611(I)/2000, Islamabad, the 31st August, 2000

SROS: S.R.O. 611(I)/2000, Islamabad, the 31st August, 2000 AMENDMENTS IN SALES TAX REFUND RULES, 2000 S.R.O. 611(I)/2000, Islamabad, the 31st August, 2000:- In exercise of the powers conferred by section 50 of the Sales Tax Act, 1990, read with the first and second provisos to sub-section(1) and sub-section(2) of section 10 thereof, the Central Board of Revenue is pleased to make the following amendments in the Sales Tax Refund Rules, 2000, namely: - In the aforesaid rules, (1) in rule 2, for clause(vii) the following shall be substituted, namely: (vii) supportive documents means documents prescribed in rule 9 whether on electronic media or otherwise; and; (2) in rule 4, in sub-rule(1), the words to the satisfaction of the officer-in-charge shall be omitted; (3) in rule 5, for sub-rule(3) the following shall be substituted, namely:- (3) The officer-in-charge may, under circumstances of exceptional nature and for reasons to be recorded in writing, make or cause to be made further scrutiny or verification including examination of relevant business records and stock taking for determining the genuineness and admissibility of a refund claim. ; (4) in rule 6, in sub-rule(1), for the words inquiry or audit the words scrutiny or verification shall be substituted; (5) in rule 7, i) in sub-rule(2), a) after the words on domestic supplies, the words and commas or, as the case may be, input stocks in balance shall be inserted; and b) in clause(ii), for sub-clause(b) the following shall be substituted, namely:- (b) if not already done in terms of sub-rule(3) of rule 5, scrutiny of relevant records or accounts and verification of stocks of the claimant: Provided that in case action under this clause is not completed within sixty days of the receipt of supportive documents, the remaining fifty per cent refund shall be paid if otherwise admissible on the basis of supportive documents and action under this clause shall be completed…