Sales Tax and Federal Excise Return-cum-payment Challan Forms for the tax year 2009-10.

GOVERNMENT OF PAKISTAN REVENUE DIVISION [FEDERAL BOARD OF REVENUE] ***** Islamabad, 10th August, 2009. NOTIFICATION (Sales Tax) S.R.O. 716(I)/2009.- In exercise of the powers conferred by sub- section (1) of section 4 and section 40 of the Federal Excise Act, 2005, section 219 of the Customs Act, 1969 (IV of 1969), section 50 of the Sales Tax Act, 1990, read with sub-section (2) of section 8, clause (ii) of sub-section (2) of section 8B, sections 9, 10, 14, 21 and 28, clause (c) of sub-section (1) of section 22, section 26, sub-section (6) of section 47A, sections 48, 50A, 52, 52A and 66 thereof, the Federal Board of Revenue is pleased to direct that the following further amendments shall be made in the Sales Tax Rules, 2006, namely:- In the aforesaid Rules, in the form STR-7, - (a) for the main form the following shall be substituted, namely: -

"STR-7Government of Pakistan [See rule 14(1)]Sales Tax & Federal Excise Return-cum-Payment Challan NTN Tax Office (RTO/ LTU) CNIC (in case of Individual) STRN (Sales Tax Registration No.) Name Normal Revised Monthly Quarterly Tax Period (MMYY) REGISTRY Description Gross Value Taxable Value Sales Tax 1 Domestic Purchases (excluding fixed assets) Annex-A - 2 Imports excluding fixed assets (includes 2% on commercial imports) Annex-B CREDITS 3 Capital/ fixed assets to be credited at 1/12th of accumulated amount - TAX 4 (-) Inadmissible input tax relating to exempt supplies/ non-taxed services etc. - SALES 65 Input(+) PreviousTax for monththe monthcredit(1brought+ 2 + 3 forward- 4) -- 7 Accumulated Credit (5 + 6) - 8 Supplies Made & Services Rendered Annex-C - 9 Exports Annex-D 10 Extra Tax charged under Chapter XIII of ST Sp. Procedure Rules '07 Annex-C - 11 Output Tax (8 + 10) - 12 Retail Turnover - for the Quarter 0 Turnover - - DEBITS 13 Electricity supplied to steel sector KWH - x Rs. 6.00 - TAX 14 Re-rollable scrap sold by ship breakers M Tons x Rs. 4,848 - 15 Re-meltable scrap sold by ship breakers M Tons - SALES 16 Less: Sales Tax deducted by withholding agent - 17 Debit for the month (11 + 12 + 13 - 16) - 18 Sales Tax withheld by the return filer as withholding agent (STWH) - 19 Sales Tax Arrears including Principal, Def Surch. & penalty - 20 Whether excluded from Section 8B(1), under SRO 647(I)/2007 (Yes / No) 21 Admissible Credit - if 20 = Yes then 7; if 20 = No, then least of 7 or "90% of 11" or 17 - REFUND 22 Payable ST - if 17 > 21 then (17 - 21 + 18 + 19); otherwise 18 + 19 - 23 Excess Unadjusted Credit - if 20 = Yes and if 21 > 17 then (21 - 17); otherwise zero; if 20 = No then (7 - 21) - 24 Refund claim i.e. input consumed in zero-rated or excess of input tax as per rules - PAYABLE/ 25 Balance Credit to be carried forward - if 24 < 23, then (23 - 24); otherwizero zero - 26 Federal Excise Duty (FED) Payable / (FED Drawback) Annex-E - 27 Goods chargeable to Special Excise Duty (SED) Annex-C - 28 (-) SED on inputs used in manufacturing of Goods supplied for domestic consumption 29 (-) SED paid on goods used in manufacturing of Goods exported (drawback) 30 Net SED Payable (27 - 28 - 29) - 31 SED Arrears 32 Net FED Payable If 26 + 30 > 0 then (26 + 30 + 31), else 31 - PAYMENTS 33 FED/ SED Drawback if 26 + 30 < 0 then -(26 + 30), else zero - 34 PDL - Petroleum Development Levy - 35 Total Taxes Payable (22 + 32+ 34) - 36 Tax paid on normal/ original return (applicable in case of revised return) - 37 Balance Tax Payable/ (Refundable) (35 - 36) - 38 Bank Account for payment of refund A/C Bank Branch I,_______________________________________________________________________, holder of CNIC No. _______________________________________ In my capacity as self/member or partner of association of persons/principal/ officer / trustee/ representative of named above, do solemnly declare that to the best of my knowledge and belief the information given in this return is correct and complete in accordance with the provisions of the Sales Tax Act, 1990, the Federal Excise Act, 2005, and rules as well as notifications issued thereunder. DECLARATION Date_______________Stamp________________________________Signature____________________________ Head of Account Amount CPR No. Amount B02341 - Sales Tax - - B02366 - Sales Tax on services - - B02367 - FED in VAT mode - Use - ACCOUNTS B02485 - FED Excluding Natural Gas - Bank OF B02501 - FED on Natural Gas - - For C03901 - PDL - Total Amount in Figures - HEAD Amount Received in words: TOTAL AMOUNT PAYABLE - Bank Officer's Signatures, Date & Stamp

(b) for Annexes-A,C, and E the following shall be substituted, namely:-- Annex-A NTN STRN Tax Period MM-YY Name of Registered Person S. Particulars of Suppliers Invoice / No. of Value of Sales Tax 1% SED Extra tax Sales Tax Nr. Debit / Credit Invoices/ Purchases (paid under Withheld as Notes Debit/ Excluding Chapter XIII Withholding Month (MMYYYY) Credit S/Tax of ST Sp. Agent Notes Procedures Rules, 2007) Name NTN STRN CNIC Total purchases made from Un-Registered persons Total (Net after incorporating the Debit/ Credit Notes and reducing the purchases made from un-registered - - - - - - person, if any) CATEGORY WISE SUMMARY: Value Sales Tax Taxable Goods @ 16% (excluding fixed assets) - @ 18.5% (excluding fixed assets) - @ 21% (excluding fixed assets) - Fixed Assets Third Schedule Goods - Taxable Services purchased (including provincial tax and FED in Sales Tax mode) @ 16% - @ 19.5% - Others (Pl. specify) Zero-rated DTRE Other local zero-rated Exempt domestic purchases/services Steel Sector: Tax paid at Rs. 6/KWH on electricity bill KWH CNG Dealers: Natural gas purchased Tax paid at 25% Notes : : 1) Supplier-wise summary should be provided for all purchases including zero-rated purchases made from registered persons. 2) Supplier-wise summary is not required to be submitted by retailers and CNG dealers and in respect of those purchases on which registered persons operating under special procedures are not entitled to claim input tax credit. 3) 'Others' category also covers purchases made from unregistered persons and should also include purchases for which no separate column is provided.

Annex-C SUMMARY OF DOMESTIC SALES NTN STRN Tax Period MM-YY Name of Registered Person S. Particulars of buyers (Registered Invoice / No. of Value of Sales Tax 1% SED Extra tax Sales Tax Nr. as well as Un-Registered, Debit / Invoices/ Supplies (charged deducted by Credit Excluding excluding End-Consumers) Debit/ under Withholding Notes S/Tax Agent Month Credit Chapter (MMYYYY) Notes XIII of ST Sp. Procedure Name NTN STRN CNIC s Rules Sales Made to end-consumers Total (Net after incorporating the Debit/ Credit - - - - - - Notes, if any) CATEGORY WISE SUMMARY: Value Sales Tax Taxable Goods & services @ 16% - @ 18.5% - @ 21% - @ 25% (Natural Gas supplied to CNG dealers) - Third Schedule Goods - Taxable Services rendered (including provincial tax and FED in Sales Tax mode) @ 16% - @ 19.5% - Others (Pl. specify) - Zero-rated DTRE Other local zero-rated Exempt supplies/services Invoices issued under special procedures Tax invoiced Notes : Proposed to be changed as follows 1) The buyer-wise summary should be provided for all taxable sales includingzero-rated sales made to registered and un-registered persons. 2) The buyer-wise summary is not required to be submitted by retailers and CNG dealers 3) 'Others' category covers supplies for which no separate column is provided. 4) 'Invoices issued under special procedures' reflect sales tax for which sales tax liability is discharged under special procedures and tax on invoice does not form part of output tax.

Annex-E FEDERAL EXCISES NTN STRN xxxxxxxxx Name of Taxpayer xxxxxxxxxxx Tax Period MM-YY Value/ Quantity Rate FED 1 Excisable goods supplied/ services provided (a) 2 (b) 3 (c) 4 (d) 5 (e) 6 (f) 7 Federal Excise Duty on Natural Gas supplied Annex - I 8 Excisable goods exported 9 Zero-rated supplies 10 Exempt supplies 11a (-) FED paid on goods used in manufacturing of Goods supplied for domestic consumption 11b (-) FED paid on production of Natural Gas supplied for domestic consumption 12 Payable FED - Add 1 to 10 minus 11(a+b) (ignore negative value) - 13 (-) FED paid on goods used in manufacturing of Goods exported (drawback) 14 Total FED (12 - 13) FED Arrears FED liability due to late filing 15 Principal amount 19 Default surcharge 16 Default surcharge 20 Penalty 17 Penalty 21 Surcharges 18 FED (ARR) (Add 15 to 17) - 22 FED (SUR + PEN) (Add 19 to 21) - 23 Net FED Payable / (Net FED Drawback) (14+ 18 + 22)

Annex-E 1 WELL WISE SUMMARY OF NATURAL GAS SUPPLIED NTN STRN xxxxxxxxx Name of Taxpayer xxxxxxxxxxx Tax Period MM-YY Sr, Name of Well Location / City Province UoM Quantity Rate Amount of FED Paid (Rs.) 1 2 3 4 5 6 7 Total (d) in Annex-F, in the table under the heading "Col 1 to 6. Excisable goods supplied / services provided.", the serial 34 and 35, and the entries relating thereto in column (2) shall be omitted; and.

(e) For Part II of STR 11 the following shall be substituded: FEDERAL EXCISE PAYMENT CHALLAN INPUT FORM Sales Tax Reg. No. NTN Month Year Name Tax Period Address HEAD OF ACCOUNT Amount in Pak Rs. B-02485 Federal Excise Duty (excluding FED on natural gas) B-02501 Federal Excise Duty on Natural Gas C-03901 Petroleum Development Levy (PDL) Total Amount Amount in words DECLARATION I hereby declare that the particulars mentioned in this challan are correct. CNIC of Depositor Name of Depositor Date Stamp & Signatures Note: This is an input form and should not be signed/stamped by the Bank. However, a CPR sholud be issued after receipt of payment by the Bank. " ______________________________________________________________________________________ [C.No. 3(10)ST-L&P/2007] Secretary (ST&FE-L&P)