S.R.O. 530(I)/2008, Islamabad, the 11th June, 2008

SROS: S.R.O. 530(I)/2008, Islamabad, the 11th June, 2008 THE FEDERAL BOARD OF REVENUE IS PLEASED TO DIRECT THAT THE FOLLOWING FURTHER AMENDMENTS SHALL BE MADE IN THE SALES TAX RULES, 2006, WHICH SHALL TAKE EFFECT ON THE 1ST DAY OF JULY, 2008. S.R.O. 530(I)/2008, Islamabad, the 11th June, 2008:- In exercise of the powers conferred by sub-section(1) of section 4 and section 40 of the Federal Excise Act, 2005, section 219 of the Customs Act, 1969(IV of 1969), section 50 of the Sales Tax Act, 1990, read with sub-section(2) of section 8, clause(ii) of sub-section(2) of section 8B, sections 9, 10, 14, 21 and 28, clause(c) of sub-section(1) of section 22, section 26, sub-section(6) of section 47A, sections 48, 50A, 52, 52A and 66 thereof, the Federal Board of Revenue is pleased to direct that the following further amendments shall be made in the Sales Tax Rules, 2006, which shall take effect on the 1st day of July, 2008, namely:- In the aforesaid Rules, (1) for the words Central Board of Revenue wherever occurring, the words Federal Board of Revenue shall be substituted; (2) in rule(2), in sub-rule(1), clauses(xviii),(xxxiii),(xxxiv) and(xxxv-a) shall be omitted; (3) in rule 4, for clause(a), the following shall be substituted, namely:- ?(a) a manufacturer not being a cottage industry; (4) in rule 5, after sub-rule (3), the following new sub-rules shall be added,(4) A person who has applied for registration as manufacturer shall be registered after LRO has verified his manufacturing facility.; (5) In no case, a person required to be registered under the Act shall be issued more than one registration number. (5) in rule 7, in sub-rule(7), for the words, letters and figure prescribed form STR-2, the word, letters and figure ?form STR-1 shall be substituted; (6) for rule 10, the following shall be substituted, namely:- 10. Cancellation of multiple registrations. (1) In case a person holds multiple sales tax registrations, he shall retain only one registration and surrender all other registrations under intimation to CRO. Alternatively, such registered persons shall file only one return for the tax period July 2008, and onwards, against the registration number they wish…