Amendment in Sales Tax Special Procedure Rules, 2004

GOVERNMENT OF PAKISTAN MINISTRY OF FINANCE, ECONOMIC AFFAIRS, STATISTICS & REVENUE (REVENUE DIVISION) ***** Islamabad, the 3rd August, 2004. NOTIFICATION (SALES TAX) S.R.O. 657 (I)/2004.¾ In exercise of the powers conferred by section 71 of the Sales Tax Act, 1990, read with clause (9) of section 2, sections 3, 3AA and 4, sub-section (2) of section 6, section 7A, clause (b) of sub-section (1) of section 8, clause (a) of sub-section (2) of section 13, sections 26AA and 34A, and the first and second provisos to section 45 thereof, the Federal Government is pleased to direct that the following further amendment shall be made in the Sales Tax Special Procedure Rules, 2004, namely:- In the aforesaid Rules, for rule 14, the following shall be substituted, namely:- “14. Exemption from audit.¾ Payment of sales tax on value addition basis as prescribed under these rules shall be mandatory and the commercial importer shall be exempt from the requirements of audit.”. ____________________________________________________________________________________ [C. No. 3(12) ST-L&P/2004] (Shahid Ahmad) Additional Secretary