S.R.O. 869(I)/2002, Islamabad, the 30th November, 2002

SROS: S.R.O. 869(I)/2002, Islamabad, the 30th November, 2002 AMENDMENTS IN S.R.O. 555(I)/2002 GOVERNMENT OF PAKISTAN MINISTRY OF FINANCE, ECONOMIC AFFAIRS, STATISTICS REVENUE REVENUE DIVISION S.R.O. 869(I)/2002, Islamabad, the 30th November, 2002:- In exercise of the powers conferred by clause(a) of sub-section(2) of section 13 of the Sales Tax Act, 1990, the Federal Government is pleased to direct that the amendments shall be made and shall be deemed to have always been so made in its Notification No. S.R.O. 555(I)/2002, dated the 23rd August, 2002, namely:-- In the aforesaid Notification, (a) for paragraph 2, the following new paragraph shall be substituted, namely: --- 2. The registered manufacturers and importers of the medicines and medicaments shall not deposit sales tax on supplies made during the period from 1st to 22nd August, 2002(both dates inclusive) and the amount of sales tax, deposited by such manufacturers and importers for the period from 1st July to 31st July, 2002(both dates inclusive) shall be refunded subject to the conditions stated in clause(a) and through the procedure laid down in clause(b) below: -- (a) CONDITIONS: (i) Each person whether importer or local manufacturer-cum-supplier individually as well as through Pakistan Pharmaceutical Manufacturers Association(PPMA) and Pharma Bureau shall be responsible for defacing the amount or component of sales tax printed on the containers, packing, packets or bottles, etc. of such medicines and medicaments already supplied for sale in the market; (ii) PPMA and Pharma Bureau as well as each person claiming refund shall be responsible that all medicines supplied through their distributors, dealers and retailers are sold to the buyers without passing any incidence of sales tax to such buyers; (iii) payment of refund of sales tax to importers shall be subject to the fulfillment of their legal obligations under corporate tax law; (iv) refund shall also be admissible even in case where a taxpayer is not a member of any association like PPMA and Pharma Bureau, etc.; (v) no refund of sales tax shall be claimed or paid on goods which are still liable to sales tax as mentioned against items(a) to(i) of…