100th updated dated July 31, 2010

 This update covers:-

-SROs 610 & 685(I)/2010;
-General Orders No. 20 to 28 of 2010;
-Finance Act, 2010 (relevant extracts).

These are briefly explained as under:–

Part V – Sales Tax Rules, 2006

1.       On page vii in the beginning of these rules, SRO 610(I)/2010 dated July 01, 2010 has been reproduced. This substitutes “National Tax Number” and “NTN” for “Sales Tax Registration Number” or “Registration Number” and “STRN” wherever occurring in the Rules.

2.       On page 54, Form STR-7 has been amended by SRO 685(I)/2010 dated July 26, 2010.

Part VI – General Orders

3.       On page 127, General Order No. 20 of 2010 dated July 01, 2010 has been reproduced. This is re: Revision of Sales Tax rate w.e.f. 01^st July 2010 - Printing of Retail Price.

4.       On pages 127 onwards, General Order Nos. 21 to 28 of 2010 dated July 02, 2010 has been reproduced. These are re: supply of Electricity and Gas.

Part IX – Budget Instructions

5.       On pages 169 onwards, Finance Act, 2010 dated June 30, 2010 (relevant extracts) have been reproduced.