Sales Tax Rules, 2006

CHAPTER-V

REFUND

Sales Tax Rules, 2006 CHAPTER-V REFUND From: 2025-01-01 - To: 0000-00-00 1[34. Refund of excess input tax not relating to zero-rated supplies.- (1) The refund of excess unadjusted input tax relating to supplies other than zero-rated shall be claimed and sanctioned in the cases mentioned below, namely:-- a. the 2[ ] 3[gas transmission and distribution companies,] manufacturers of fertilizers 4[, cotton ginners], electric power producers and electric power distribution companies may claim refund of excess input tax over output tax in any tax period; b. 5[***] c. registered persons who are not able to adjust input tax in excess of 90% of output tax in view of restriction in section 8B of the Act, may file refund claim as under,-- i. in case of registered persons whose accounts are subject to audit under the Companies Ordinance, 1984, after the end of their accounting year; and ii. in case of other registered persons, after the end of financial year; d. all other registered persons, not covered by clauses (a) to (c) above, may claim refund of excess input tax, if the same is not adjusted within a minimum consecutive period of twelve months: Provided that the amount of refund claim in all such cases shall not exceed the excess of total input tax over the total output tax, as declared in the relevant returns, for the period in respect of which the claim has been filed and shall not include any excess input tax declared prior to the said period. 6[(2) The registered person, after submission of return in which refund is claimed, shall file refund claim electronically in the form STR-7A within the period as specified in rule 28; Provided that, if applicable, a statement along with annual audited accounts as envisaged in clause (i) of sub-section of (2) of section 8B of the Act shall also be uploaded.] (3) The refund of excess input tax under this 7[rule] shall be 8[processed, sanctioned and paid] in the manner as provided in rules 29 and 30. (4) The refund of excess input tax provided in clauses (c) and (d) of sub-rule (1), excluding the cases of claims by registered persons, whose accounts…