Exempt payment of the whole amount of penalty chargeable under section 33 thereof, for any of the ta

GOVERNMENT OF PAKISTAN MINISTRY OF FINANCE, ECONOMIC AFFAIRS, STATISTICS AND REVENUE (REVENUE DIVISION) ***** Islamabad, the 18th June, 2001. S.R.O. 396(I)/2001.- In exercise of the powers conferred by section 34A of the Sales Tax Act, 1990, the Federal Government is pleased to exempt payment of the whole amount of penalty chargeable under section 33 thereof, for any of the tax periods of the financial years 2000-2001 and 2001-2002, from a registered, enrolled or enlisted (as applicable) retailer subject to the following conditions, namely:- (i) He has obtained registration, enrollment or, as the case may be, enlistment at any point of time during the financial year 2000-2001, or obtains registration or, as the case may be, enrollment during the financial year 2001-2002; (ii) he adheres to the prescribed system of turnover tax under section 3A of the Sales Tax Act, 1990 or retail tax under section 3AA thereof as per his annual turnover with effect from the 1st July, 2001; (iii) he pays the amount of sales tax due from him along with additional tax, if chargeable; and (iv) he files his returns for the said period, if not already filed, along with the amount of taxes as aforesaid: Provided that in case a retailer has obtained registration or enrollment at any point of time during the financial years 2000-2001 and 2001-2002, or enlistment at any point of time during the financial year 2000-2001, his unpaid tax liabilities shall be computed from the date of his registration, enrollment or, as the case may be, enlistment: Provided further that benefit under this notification shall be available also to such retailers who obtained registration, enrollment or enlistment during the financial year 2000-2001, and owe arrears of only additional tax if they pay such arrears. 2. No person shall be entitled to claim or take refund under this notification, of any amount of penalty already paid. 3. This notification shall ipso facto expire on and after the 1st January, 2003. [C. No. 3(9)STL&P/2001] ( RIAZ AHMAD MALIK ) Additional Secretary