The fiscal relief package to rehabilitate the economic life in NWFP, FATA/PATA announced by the Federal Government on 07.01.2010, incentives relating to sales tax and federal excise.
SRO 160(I)/2010Exemptions and concessions
SRO 160(I)/2010 is a Sales Tax SRO dated 10 March 2010, listed by FBR as "The fiscal relief package to rehabilitate the economic life in NWFP, FATA/PATA announced by the Federal Government on 07.01.2010, incentives relating to sales tax and federal excise.".
The text below was extracted automatically from the text layer of the official PDF. Line breaks and table layout may differ from the original, and where FBR scanned the paper and added a machine-read text layer, that layer can contain misread characters. Check the official PDF before relying on any wording or figure.
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GOVERNMENT OF PAKISTAN
MINISTRY OF FINANCE, ECONOMIC AFFAIRS,
STATISTICS AND REVENUE
(REVENUE DIVISION)
***
Islamabad, the 10th March, 2010.
NOTIFICATION
(SALES TAX AND FEDERAL EXCISE)
S.R.O. 160(I)/2010.- In exercise of the powers conferred by section 34A
of the Sales Tax Act, 1990 and sub-section (4) of section 16 of the Federal
Excise Act, 2005, the Federal Government is pleased to exempt whole of the
amount of default surcharge and penalties payable by a registered person
located in districts of Hangu, Bannu, Tank, Kohat, Chitral, Charsadda, Peshawar,
Dera Ismael Khan, Batagram, Lakki Marwat, Sawabi and Mardan against whom
an amount of sales tax or federal excise duty is outstanding on account of any
audit observation, audit report, show cause notice or any adjudication order or
who has failed to pay any amount of sales tax or federal excise duty or claimed
inadmissible input tax adjustment or refund or drawback due to any reason,
subject to the condition that the outstanding principal amount of sales tax or
federal excise duty is paid by or before the 30th June, 2010:
Provided that exemption of default surcharge and penalties under this
notification shall not be applicable to cement, sugar, beverages and cigarette
sectors.
[C. No. 1(23)CEB/91]
(Mahmood Alam)
Additional Secretary
Which later SROs refer to this one?
SROs whose FBR title names SRO 160(I)/2010, usually to amend or rescind it.
- SRO 264(I)/201022 April 2010Amendment in Notification No. S.R.O. 160(I)/2010, dated the 10th March, 2010,
Related Sales Tax SROs on exemptions and concessions
- SRO 824(i)/201019 August 2010Amendment in S.R.O 536(i)/08, Dated 11-06-2008, regarding exemption of Sales Tax on pesticides.
- SRO 706(I)/20102 August 2010Exemtion of Input Tax paid by Recognized manufacturers of Agricultural Tractors.
- SRO 165(I)/201010 March 2010The fiscal relief package to rehabilitate the economic life in NWFP, FATA/PATA announced by the Federal Government on 07.01.2010, incentives relating to sales tax and federal excise.
- SRO 164(I)/201010 March 2010The fiscal relief package to rehabilitate the economic life in NWFP, FATA/PATA announced by the Federal Government on 07.01.2010, incentives relating to sales tax and federal excise.
- SRO 879(I)/20099 October 2009Withdrawn of exemption to dairy products
- SRO 811(I)/200918 September 2009In order to avoid misuse of zero-rating allowed on import and supply of polyethylene and polypropylene falling .....