Text Box:  
Sales Tax Ready Reference
 
 
 
 For Detail Please click on this link: Information regarding copy products
168th update dated August 31, 2016
This update covers:-
-Tax Laws (Amendments) Ordinance, 2016;
-Sindh Finance Act, 2016;
-SROs: 499(I)/2016, 500(I)/2016, 643(I)/2016, 721(I)/2016, 757(I)/2016 &  806(I)/2016; and
-General Orders: 77 to 84 of 2016.
-Circulars: C. No. 9(11)ST-LP&E/Misc./2016.
These are briefly explained as under:–
Part I –Sales Tax Act, 1990
1.      On page 25, section of 2(14) of the Sales Tax Act, 1990 has been amended by Tax (Amendments) Ordinance, 2016 dated August 31, 2016.
Part II – Provincial Sales Tax
2.      On pages 7 onwards, Islamabad Capital Territory Tax on Services Ordinance, 2001 has been amended by Finance Act, 2016 dated June 24, 2016.
3.      On pages 21 onwards, Sindh Sales Tax on Services Act, 2011 has been amended by Sindh Finance Act, 2016 dated July 21, 2016.
Part III – Notifications
4.      On page 11, SRO 57(I)/2016 dated January 29, 2016 has been amended by SRO 500(I)/2016 dated July 30, 2016 & by SRO 806(I)/2016 dated August 31, 2016 respectively. This is re: Sales Tax on import and supply of petroleum goods.
Part IV – Exemptions
5.      On page 23, SRO 499(I)/2016 dated July 27, 2016 has been reproduced. This is re: Exemption of Sales Tax on Two projects pertaining to CPEC. Later on it was amended by SRO 721(I)/2016 dated August 08, 2016.
6.      On page 23, SRO 643(I)/2016 dated July 27, 2016 has been reproduced. This is re: Exemption of Sales Tax chargeable on import of three scanners donation to Anti-Narcotics Force, by Kingdom of Saudi Arabia.
Part V – Sales Tax Rules, 2006
7.      On page 105, Form STR-7 has been amended by SRO 757(I)/2016 dated August 15, 2016. This is re: Sales Tax and Federal Excise Return Form.
Part VI – General Orders
8.      On pages 314 onwards, General Order Nos. 77 to 80 of 2016 dated July 25 & 27 July, 2016 have been reproduced. These are re: Supply of Electricity & Gas.
9.      On page 316, General Order No. 81 to 84 of 2016 dated August 10, 30 & 31, 2016 has been reproduced. This is re: Supply of Electricity & Gas.
Part VII – Circulars
10.     On page 72, C. No. 9(11)ST-LP&E/Misc./2016 dated August 11, 2016 has been reproduced. This is re: Extension in the date for submission of Sales Tax and Federal Excise return for the period of July, 2016.