Types of transactions shall not constitute supply
SRO 445(I)/2004Other
SRO 445(I)/2004 is a Sales Tax SRO dated 12 June 2004, listed by FBR as "Types of transactions shall not constitute supply".
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GOVERNMENT OF PAKISTAN
MINISTRY OF FINANCE, ECONOMIC AFFAIRS,
STATISTICS AND REVENUE
(REVENUE DIVISION)
***
Islamabad, the 12th June, 2004.
NOTIFICATION
(SALES TAX)
S.R.O. 445(I)/2004.- In exercise of the powers conferred by the proviso to clause (33) of section 2 of the Sales Tax Act, 1990, the Federal Government is pleased to specify that the following types of transactions shall not constitute supply, namely:-
(a) forward transactions of commodities at the National Commodity Exchange Limited; and
(b) goods delivered under a Murabaha financing arrangement to or by a bank or a financial institution approved by the State Bank of Pakistan or the Securities and Exchange Commission of Pakistan, as the case may be.
[C. No. 1/33-STB/2004]
(Shahid Ahmad)
Additional Secretary
Which later SROs refer to this one?
SROs whose FBR title names SRO 445(I)/2004, usually to amend or rescind it.
- SRO 588(I)/20171 July 2017Amendment in SRO 445(I)/2004
Related Sales Tax SROs on other
- SRO 433(I)/200514 May 2005M/s. Hinopak shall issue a serially numbered invoice indicating description, quantity, make, model and value of buses
- SRO 642(I)/200426 July 2004Condonation of Time Limit by Collector
- SRO 622(I)/200417 July 2004Payment date relating to June, 2004 by Shipping Agents
- SRO 510(I)/200412 June 2004Excess amount of tax carried forward by a registered person other than an exporter
- SRO 509(I)/200412 June 2004Requirement for commercial importers of polypropylene granules
- SRO 508(I)/200412 June 2004Requirement for registered persons engaged in the manufacture or supply or exports