S.R.O. 872(I)/2004, Islamabad, the 23rd October, 2004

SROS: S.R.O. 872(I)/2004, Islamabad, the 23rd October, 2004 AMENDMENT IN SALES TAX SPECIAL PROCEDURE RULES, 2004 S.R.O. 872(I)/2004, Islamabad, the 23rd October, 2004:- In exercise of the powers conferred by section 71 of the Sales Tax Act, 1990, read with clause(9) of section 2, sections 3, 3AA and 4, sub-section(2) of section 6, section 7A, clause(b) of sub-section(1) of section 8, clause(a) of sub-section(2) of section 13, sections 26AA and 34A and the first and second provisos to section 45 thereof, the Federal Government is pleased to direct that the following further amendments shall be made in the Sales Tax Special Procedures Rules, 2004, namely:- In the aforesaid Rules, - (a) before the rule 108, following new chapter shall be inserted, namely:- CHAPTER XV SPECIAL PROCEDURE FOR COLLECTION AND PAYMENT OF SALES TAX BY ADVERTISING AGENCIES 108. Application.- The provisions of this Chapter shall apply to every registered advertising agency which supplies or supervises the supply of printed material to its clients. 109. Definitions.- (1) In this Chapter, unless there is anything repugnant in the subject or context,- (a) Act means the Sales Tax Act, 1990; (b) ?advertising agency means a person who is engaged in the advertising business including supply of printed material, directly or indirectly to its clients; (c) client means a person to whom supplies of printed materials are made or on whose behalf the advertising agencies are arranging or supervising the supply of such material; (d) commission means an amount agreed between the advertising agency and its client for the arrangement of supervision of supply of printed material; and (e) supplier means a manufacturer engaged in the production and supply of printed material to a client of an advertising agency directly or indirectly or through such agency. (2) All other words and expressions used, but not defined in this Chapter shall have the same meaning as assigned to them under the Act. 110. Registration.- Every advertising agency engaged in business including making arrangement or doing supervision of the supply of printed material on commission basis, if not already registered, shall get registration…