Sales Tax Ready Reference

118th update dated January 20, 2012

This update covers

SRO 01(I)/2012.

This is briefly explained as under:–

Part VA – Special Procedure Rules 07

1.       On page 30, Rule 58H has been amended by SRO 01(I)/2012 dated January 02, 2012. This is to allow adjustment of Sales Tax paid by steel melters and re-rollers on local purchase of machinery etc. against sales tax payable through electricity bills.