New Format of Monthly Sales Tax Return

GOVERNMENT OF PAKISTAN (REVENUE DIVISION) CENTRAL BOARD OF REVENUE *** Islamabad, the 6th December 2003. NOTIFICATION (SALES TAX) S.R.O. 1090(I)/2003.- In exercise of the powers conferred by section 50 of the Sales Tax Act, 1990, read with section 26 thereof, the Central Board of Revenue is pleased to direct that the following further amendments shall be made in the Filing of Monthly Return Rules, 1996, namely:- In the aforesaid Rules, for Annex-A the following shall be substituted, namely:- “ANNEX ‘A’ Revised Regular Form ST(5) GOVERNMENT OF PAKISTAN SALES TAX RETURN CUM PAYMENT CHALLAN Pl. tick the relevant box (1) Sales Tax Registration Number (2) National Tax Number - (3) Name __________________________________________________________ (4) Tax Period YEAR MONTH Address __________________________________________________________ City _______________ Post Code ______________ Phone______________ E - mail ______________________________________ Fax ________________ (5) Input Tax carried forward from the preceding tax period, if any (6) SALES | VALUE (Excluding Sales Tax) | RATE | SALES TAX DUE (Output Tax) (a) Taxable Supplies to Registered persons | Rs. | 15 % | Rs. (b) Taxable Supplies to Registered persons | Rs. | 20 % | Rs. (c) Taxable Supplies to other than Registered persons | Rs. | 15 % | Rs. (d) Taxable Supplies to other than Registered persons | Rs. | 20 % | Rs. (e) Zero - Rated Supplies | Rs. | 0 % | 0 (f) Exempt Supplies | Rs. | - | - (7) TOTAL OUTPUT TAX (EXCLUDING FURTHER TAX) Rs . FURTHER TAX | 3 % | Rs . (8) PURCHASES | VALUE (Excluding Sales Tax) | RATE | SALES TAX ON PURCHASES (Input Tax) (a) Taxable Purchases (Domestic) | Rs. | 15 % | Rs. Rs. | 20 % | Rs. (b) Taxable Purchases (Imported) | Rs. | 15 % | Rs. Rs. | 20 % | Rs. (c) Tax paid on utilities (Tele+Gas+Elec) | Rs. | 15 % | Rs. (d) Exempt Purchases / Imports | Rs. | - | - TOTAL INPUT TAX CLAIMED ON PURCHASES | Rs. Rs. Rs. Rs. (9) Input tax from previous (10) Arrears being (11) Penalty for three tax periods if any. paid late filing Rs. Rs. Rs. (12) Refund claimed (13) Carry forward (14) Sales Tax payable (5+8+9) - 6 (5+8+9) - 6 6-(5+8+9) (15) TOTAL SALES TAX PAYABLE (including Further tax, Arrears & Penalty) Rs. (7+10+11+14) q Rs. 0220000 Sales Tax q Rs. 0225000 Sales Tax on services collected on behalf of Provincial Government q 0226000 Central Excise Duty on services collected in the manner of Sales Tax - Declaration I declare that the entries in this return are true and correct N.I.C # Name Designation Signature Stamp Date Rs. For Bank Use Serial No……………… Amount Received Amount in words. ………………………………………………………..… …………………………………………………………………………..…. Date Signature and Stamp of the Bank Officer. ……………………………………….… Note: Amount of Further tax (Col.7), Arrears (Col.10) and Penalty (Col.11) is not adjustable against Input tax”. [C.No. 3(13) STP/2003] (Dr. Kamal Azhar Minhas) Secretary (Sales Tax)