S.R.O. 563(I)/2022, Islamabad, 29th April, 2022

SROS: S.R.O. 563(I)/2022, Islamabad, 29th April, 2022 Amendment in the Sales Tax Rules, 2006 Government of Pakistan Revenue Division Federal Board of Revenue Inland Revenue ***** NOTIFICATION (Sales Tax) Islamabad, 29th April, 2022 S.R.O. 563(I)/2022.- In exercise of the powers conferred by section 50 of the Sales Tax Act, 1990, the Federal Board of Revenue is pleased to direct that the following further amendment shall be made in the Sales Tax Rules, 2006, namely:- In the aforesaid Rules, after rule 39N, the following new Chapter and rules thereunder shall be inserted, namely:- “CHAPTER V-C Refund to Agricultural Tractor Manufacturers 390. Application.- (1 )This Chapter shall apply to existing and future refund claims as filed by the registered agricultural tractor manufacturers engaged in supply of agricultural tractors. (2) The provisions of these rules shall apply only if the incidence of tax sought to be refunded has not been passed on to the consumers. 39P. Definition.- In this chapter, unless there is anything repugnant in the subject or context,- (a) agricultural tractor’ means a tractor used by farmers or growers engaged in production of agricultural produce through tractor; and (b) “eligible person” means manufacturer of agricultural tractors who supplies tractors to a person holding a valid proof of land holding such as agriculture pass book and copy of record of rights of agricultural land duly verified from Provincial Land Revenue Authorities. 39Q. Condition on supplies of agricultural tractors.- Only eligible persons shall qualify for availing reduced rate under the Sr. No. 25 of Table-1 of the eighth schedule to the Sales Tax Act, 1990. 39R. Filing of refund application.-The eligible person shall file a refund claim through STARR/RCPS system and refund application to the Commissioner Inland Revenue having jurisdiction, along with the following documents, namely:- (a) a copy of tax paid and e-filed sales tax return; (b) an undertaking affirming the genuineness of refund as per Sales Tax Act, 1990 and relevant rules made thereunder; (c) a revolving bank guarantee valid for at least one hundred and twenty days issued by a scheduled bank, to the…