FBR issued an SRO # 274 which showed that many of the products are now "Zero Rated".
In SRO#274 it is stated that in preamble of SRO # 509 after the word "as" the word "manufacturersâ shall be inserted but in SRO # 509 i couldn't find the word "as". I read SRO # 525 & 621 but not found in these SRO's too. So, what does it mean?
http//www.fbr.gov.pk/dotnet/customs/admin/sroFiles/Sales%20Tax/2011/2011sro274.pdf
I m also confused..Farrukh bhai plz roshni dalainn.
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by olympia</i>
<br />FBR issued an SRO # 274 which showed that many of the products are now "Zero Rated".
In SRO#274 it is stated that in preamble of SRO # 509 after the word "as" the word "manufacturersâ shall be inserted but in SRO # 509 <b>i couldn't find the word "as". I read SRO # 525 & 621 but not found in these SRO's too. So, </b>what does it mean?
http//www.fbr.gov.pk/dotnet/customs/admin/sroFiles/Sales%20Tax/2011/2011sro274.pdf
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
u immediately need to
change ur glasses
The Federal Government has issued this notification amending preamble of SRO 509(I)/2007 dated 09.06.2007. After this amendment zero-rating of sales tax is restricted to goods specified in the Table to the parent notification provided that these goods after their import or domestic production are sold / purchased between persons registered as manufacturers-cum-exporters or as exporters for use or utilization in goods meant for export. In other words the scope of zero-rating of sales tax is restricted to sale / purchase of these goods (specified in the notification) by the manufacturer cum exporter or exporters
SRO 509
http//www.2shared.com/document/xVBEJsLO/509-2007_Zero-rating_of_five_e.html
Thanks Laptop
Addition by SRO 231 & SRO 274(I)/2011 dated March 26, 2011
Word and comma manufacturer, added after the word "as"
Preamble of SRO 509 after second amendment
In exercise of the powers conferred by clause © of section 4 of the Sales Tax Act, 1990, and in supersession of the Notification No. S.R.O. 525(I)/2006, dated the 5th June, 2006, the Federal Government is pleased to notify the goods specified in column (2) of the Table below, falling under the PCT Heading No. mentioned in column (3) of the said Table, to be the goods on which sales tax shall be charged at the rate of zero per cent on the supply and import thereof, If these goods after import or domestic production are sold or purchased between persons registered as manufacturer, manufacturers-cum-exporters or as exporters, for use or utilizaiton in goods meant for export, namelyâ
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Kasim</i>
u immediately need to
change ur glasses
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
I don't hav glasses
another SRO#283 amended SRO#509
http//www.fbr.gov.pk/dotnet/customs/admin/sroFiles/Sales%20Tax/2011/2011sro283.pdf
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by olympia</i>
<br />another SRO#283 amended SRO#509
http//www.fbr.gov.pk/dotnet/customs/admin/sroFiles/Sales%20Tax/2011/2011sro283.pdf
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Olympia Baji,
Ye amendment nahi hay, SRO-283/2011 nay supersede kar diya hay SRO-509 ko.
Layhaza ab SRO-509 khatam ho chukka hay.
g bilkul laptop bhai mera matlab yahi tha