For business information, annual reports, laws, ordinances, regulations and articles.

	Web Paksearch.com

GOVERNEMNT OF PAKISTAN REVENUE DIVISION CENTRAL BOARD OF REVENUE (SALES TAX WING)
SALES TAX RULING/INSTRUCTION NO. 14/2002
C.No.3(2)STP/99(Pt-II)
Islamabad, the 15^th February, 2002

To
Mr. M.K. Haq,
Project Manager,
Singer Pakistan Ltd.,
10 Garden Road,
GPO Box No. 436,
KARACHI-74400

SUBJECT:

CLARIFICATION REGARDING SALES TAX

I am directed to refer to your letter No. HAQ/CBR/ST/2001 dated 23.10.2001 and to say that under section 23 read with section 6(2) of Sales Tax Act, 1990, a registered person making taxable supplies is liable to issue tax invoices, charge sales tax from the buyer and deposit it in the treasury alongwith his sales tax return.

2. If the hawkers and commission agents are merely providing services of selling the goods on behalf of M/s Singer Pakistan Ltd, on a wage or commission basis, the supplies will be deemed to be made by M/s Singer, provided the sales tax invoices are issued by M/s Singer Pakistan Ltd., and the amount so charged from the buyer is received by M/s Singer Pakistan Ltd. There is no restriction on such mode of sales under the sales tax law.

3. On the other hand, if the goods are first acquired on payment by the hawker or spent and are then resold by him to the consumers or if any invoice or cash memo is issued by the hawker/agent in his own name or if any payment is received in his account, the supplies would be treated as being made by him and he would be liable to be registered, issue sales tax invoices and deposit sales tax as per law.

Sd/-
(DR. ASHFAQ AHMED TUNIO)
Secretary (ST-L&P)

	Web Paksearch.com

Home | About Us | Contact | Information Resources