Amendments In Sales Tax Refund Rules, 2000

GOVERNMENT OF PAKISTAN CENTRAL BOARD OF REVENUE ********** Islamabad, the 31st August, 2000. NOTIFICATION (Sales Tax) S.R.O. 611(I)/2000.¾ In exercise of the powers conferred by section 50 of the Sales Tax Act, 1990, read with the first and second provisos to sub-section (1) and sub-section (2) of section 10 thereof, the Central Board of Revenue is pleased to make the following amendments in the Sales Tax Refund Rules, 2000, namely: - In the aforesaid rules,¾ (1) in rule 2, for clause (vii) the following shall be substituted, namely:¾ “(vii) “supportive documents” means documents prescribed in rule 9 whether on electronic media or otherwise; and”; (2) in rule 4, in sub-rule (1), the words “ to the satisfaction of the officer-in-charge” shall be omitted; (3) in rule 5, for sub-rule (3) the following shall be substituted, namely:- “(3) The officer-in-charge may, under circumstances of exceptional nature and for reasons to be recorded in writing, make or cause to be made further scrutiny or verification including examination of relevant business records and stock taking for determining the genuineness and admissibility of a refund claim.” ; (4) in rule 6, in sub-rule(1), for the words “inquiry or audit” the words “scrutiny or verification” shall be substituted; (5) in rule 7,¾ i) in sub-rule (2),¾ a) after the words “on domestic supplies”, the words and commas “or, as the case may be, input stocks in balance” shall be inserted; and b) in clause (ii), for sub-clause (b) the following shall be substituted, namely:- “(b) if not already done in terms of sub-rule (3) of rule 5, scrutiny of relevant records or accounts and verification of stocks of the claimant: Provided that in case action under this clause is not completed within sixty days of the receipt of supportive documents, the remaining fifty per cent refund shall be paid if otherwise admissible on the basis of supportive documents and action under this clause shall be completed thereafter: Provided further that manufacturer-cum-exporters who zero rate their supplies and also make domestic supplies reflected in their monthly return, may, ipso facto, deduct the amount of tax, payable on their domestic supplies from the amount of refund due on their zero-rated supplies and claim refund only for the balance amount, if any.”; and ii) in sub-rule (4) ,¾ a) for the words “inquiry or audit” the words “scrutiny or verification” shall be substituted; and b) in the proviso, for the words “inquiry or audit” the words “scrutiny or verification” shall be substituted; (6) in rule 9,¾ (i) in sub-rule (1), for clause (vii) the following shall be substituted, namely:- “(vii) the statement showing the position of stocks of major inputs and outputs carried over from the previous tax period, additions in such stocks, stocks consumed or supplied during such period and stocks in balance, if any.”; (ii) in sub-rule (2),¾ (a) in clause (ii), after semicolon at the end the word “and” shall be added; (b) in clause (iii), for the semicolon, at the end, a full stop shall be substituted; (c) clause (iv) shall be omitted; and (d) clause (v) shall be omitted; (iii) in sub-rule (3), for clause (v) the following shall be substituted, namely:- “ (v) statement of stocks if needed in support of the claim.”; and (7) in rule 13, in sub-rule (1), for the words “inquiry or audit” the words, brackets and figures “scrutiny or verification in terms of sub-rule (3) of rule 5” shall be substituted. ______________________________________________________________________________ [C.No.2(1)STP/2000 (Pt)] (ABDUL RAZZAQ) SECRETARY (STP)