The Federal Government is pleased to exempt whole of the amount of default surcharge and penalties payable by a person against whom an amount of sales tax or federal excise duty is outstanding on acco
SRO 511(I)/2008Exemptions and concessions
SRO 511(I)/2008 is a Sales Tax SRO dated 4 June 2008, listed by FBR as "The Federal Government is pleased to exempt whole of the amount of default surcharge and penalties payable by a person against whom an amount of sales tax or federal excise duty is outstanding on acco".
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 5th June, 2008.
NOTIFICATION
(SALES TAX AND FEDERAL EXCISE)
S.R.O. 511(I)/2008.- 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 person 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 30th June, 2008. It is clarified that exemption of
default surcharge and penalties under this notification shall also apply in cases
where principal amount of sales tax or federal excise duty has been deposited by
the registered persons prior to issuance of this notification. However, the subject
amnesty scheme does not apply to cases of fraudulent refunds or drawback and
other tax frauds.
[C. No. 5/1-STB/2008]
(Abdul Wadood Khan)
Additional Secretary
Related Sales Tax SROs on exemptions and concessions
- SRO 551(I)/200810 June 2008The Federal Government is pleased to exempt the goods mentioned in column (2) of the Table below from the whole of sales tax with effect from 1st July.
- SRO 542(I)/200810 June 2008The Federal Government is pleased to exempt sales tax on the import or, as the case may be, on the supply of cellular telephone sets (hand-held sets) to the extent that the effect of sales tax shall b
- SRO 539(I)/200810 June 2008The Federal Government is pleased to exempt the goods specified in column (3) of the Table below, imported for the manufacture of goods specified in column (2) of the said Table.
- SRO 536(I)/200810 June 2008The Federal Government is pleased to exempt import and supply of pesticides (HS code 38.08) and the active ingredients of such pesticides mentioned in column (2) of the Table.
- SRO 535(I)/200810 June 2008The Federal Government is pleased to exempt import and supply of fertilizers from payment of sales tax, mentioned in column (2) of the Table below, falling in headings to the Customs Act, 1969 (IV of
- SRO 524(I)/200810 June 2008The Federal Government is pleased to exempt the amount of sales tax, default surcharge and penalty payable in respect of the taxable supplies made prior to 11th June, 2008.