S.R.O. 511(I)/2008, Islamabad, the 5th June, 2008

SROS: S.R.O. 511(I)/2008, Islamabad, the 5th June, 2008 THE FEDERAL GOVERNMENT IS PLEASED TO EXEMPT WHOLE OF THE AMOUNT OF DEFAULT SURCHARGE AND PENALTIES PAYABLE BY A PERSON AGAINST WHOM AN AMOUNT OF SALES TAX OR FEDERAL EXCISE DUTY IS OUTSTANDING ON ACCOUNT OF ANY AUDIT. S.R.O. 511(I)/2008, Islamabad, the 5th June, 2008:- In exercise of the powers conferred by section 34A of the Sales Tax Act, 1990 and sub-section (4) of section 16 of the Federal Excise Act, 2005, the Federal Government is pleased to exempt whole of the amount of default surcharge and penalties payable by a person against whom an amount of sales tax or federal excise duty is outstanding on account of any audit observation, audit report, show cause notice or any adjudication order, or who has failed to pay any amount of sales tax or…