Exemption to manufacturers of urea fertilizer from payment of specific amounts

GOVERNMENT OF PAKISTAN MINISTRY OF FINANCE, ECONOMIC AFFAIRS STATISTICS AND REVENUE (REVENUE DIVISION) ***** Islamabad, the 31stMay, 2001 NOTIFICATION (SALES TAX) S.R.O. 338 (1)/2001.- In exercise of the powers conferred by clause (a) of sub-section (2) of section 13 of the Sales Tax Act, 1990, the Federal Government is pleased to exempt supplies made by the manufacturers of urea fertilizer from the payment of,-- (i) the whole amount of sales tax livable on supplies of urea fertilizer made on the 31st March, 2001; (ii) the whole amount of further tax livable under sub-section (1A) of section 3 of the Sales Tax Act, 1990, on all supplies of urea fertilizer made from the 31st March, 2001, onwards; and (iii) so much amount of sales tax on supplies of urea fertilizer made from the 1st April, 2001, onwards as is in excess of the sales tax livable on the value of taxable supply fixed under the Central Board of Revenue’s Notification No. S.R.O. 205(1)/2001, dated the 2nd April, 2001. _____________________________________________________________________________________ [C. No. 1(38) STM/2000-II] ( RIAZ AHMAD MALIK ) Additional Secretary