S.R.O. 344(I)/2003, Islamabad, the 14th April, 2003

SROS: S.R.O. 344(I)/2003, Islamabad, the 14th April, 2003 COMMITTEE CONSTITUTED FOR ALLEVIATION OF HARDSHIP IN SPECIFIC CASES S. R. O. 344(I)/2003, Islamabad, the 14th April, 2003:- WHEREAS, the Committee constituted by the Federal Government for alleviation of hardship in specific cases recommended the following in the case of M/s. Aghas Supermarket(ASM), 1, Uzma Court, D.C.3, Block 8, Clifton, Karachi, namely: - (a) they may be encouraged to withdraw their suit against the department from the Sindh High Court; (b) turnover related to non-taxable supplies may be ascertained and deducted; (c) their taxable turnover for the period July, 1998 to December, 1999(the period for which show cause notice was issued) may be determined correctly by an expert appointed through mutual consultation and their tax liability may accordingly be firmed up; (d) for the purposes of determining their tax liability the applicants may be allowed to claim input tax credit on supplies received by them during the relevant period; (e) additional tax and penalty imposed on M/s. Agha;s Supermarket(ASM), 1, Uzma Court, D.C.3, Block 8, Clifton, Karachi may be waived off under section 34A of the Sales Tax Act, 1990; and (f) if M/s. Aghas Supermarket(ASM), 1, Uzma Court, D.C.3, Block 8, Clifton, Karachi is agreeable, their liability for the period January, 2000 to July, 2000 may also be determined in the recommended manner; and (g) in terms of the above…