Exemption of Additional Tax & Penalty Chargeable from Mechanical Oil Expelling

GOVERNMENT OF PAKISTAN MINISTRY OF FINANCE, ECONOMIC AFFAIRS STATISTICS REVENUE CENTRAL BOARD OF REVENUE ********* Islamabad, the 28th October, 2004 ORDER (SALES TAX) S.R.O.881(I)/2004.- WHEREAS, sales tax has been levied on cotton seed oil and cotton seed oil cake extracted from cotton seed by the mechanical oil expellers in the Budget 2004-05; AND WHEREAS, the levy imposed on the mechanical oil expellers was a new levy and they were previously not in the registration net, therefore, a number of mechanical oil expellers could not file their sales tax returns within the due dates, as required under sub-section (9) of section 2 of the Sales Tax Act, 1990, due to lack of knowledge of Sales Tax law and procedures; NOW, THEREFORE, in exercise of the powers conferred by section 34A of the Sales Tax Act, 1990, the Central Board of Revenue is pleased to exempt, as a special case, whole of the amount of additional tax and penalty chargeable from the mechanical oil expelling units due to late filing of returns for the tax periods July, August and September, 2004 subject to following conditions, namely:- (a) they shall file their outstanding returns by the 31st day of October, 2004; and (b) no refund of additional tax or penalty, if already paid on account of late filing of tax returns for the aforesaid tax periods, shall be admissible. __________________________________________________________________________________________________________ [3(98)STP/96] Aamer Amin Bhatti) Secretary (ST-L&P)