Federal Government is pleased to direct that the following amendments shall be made in the Sales Tax Special Procedures Rules, 2006

Government of Pakistan Ministry of Finance, Economic Affairs Statistics and Revenue (Revenue Division) ** Islamabad, the 13th July, 2006. NOTIFICATION (SALES TAX) S.R.O. 729(I)/2006.- In exercise of the powers conferred by section 71 of the Sales Tax Act, 1990, read with clauses (9) and (46) of section 2, sections 3 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, sub-sections (2A) and (3) of section 22, sections 23 and 60 thereof, the Federal Government is pleased to direct that the following amendments shall be made in the Sales Tax Special Procedures Rules, 2006, namely:- In the aforesaid Rules,─ (1) In Chapter XVII, in the title of the chapter, for the words “AND CONFECTIONERY”, the words and comma “, CONFECTIONARY AND SNACKS” shall be substituted; (2) in rule 118, ─ (a) for the words “and confectionary”, the words and comma “, confectionary and snacks” shall be substituted; and (b) at the end, the following explanation shall be added, namely:- “Explanation.─ The word “snacks” includes potato chips and sticks falling in PCT heading No. 20.05 and cheese balls falling in PCT heading No. 19.04.”; and (3) in rule 119, (a) for the words “and confectionary”, the words and comma “, confectionary and snacks” shall be substituted; and (b) for the illustration, the following shall be substituted, namely:- “ILLUSTRATION: (a) | Actual value of supply ( ex factory price excluding sales tax) | Rs. 100.00 (b) | Sales tax on ex factory price [15% of (a)] | Rs. 15.00 (c) | Value addition at 12% [12% of (a)] | Rs. 12.00 (d) | Sales tax on value addition [15% of (c)] | Rs. 1.80 (e) | Total value added assessable value for manufacturer [(a) + (c)] | Rs. 112.00 (f) | Sales tax on value added assessable value payable by the manufacturer [(b) + (d)] or [15% of (e)] | Rs. 16.80.”. [C. No. 3(1)ST-L&P/2006] (Shahid Ahmad) Additional Secretary