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Revenue Board directive for sales tax de-registration and transfer of units

ISLAMABAD (February 10 2004): To assist the registered persons in de-registration/transfer of registration, the Central Board of Revenue (CBR) has directed all collectors of sales tax not to de-register units merely for transfer of sales tax registration.

Sources told Business Recorder here on Monday that in a few cases the CBR has asked the collectorates to de-register persons who applied for transfer of registration.

In this regard, the collectors must follow the procedure under rule 6 of the Voluntary Registration and De-registration Rules 1996.

Moreover, the CBR has directed all collectors of sales tax to promptly act on the de-registration applications of units and complete the process within the given time frame.

In this connection, the CBR has expedited issuance of SROs pertaining to transfer of registration for different industrial units.

The CBR has asked the collectors to ensure that de-registration process should be completed within time specified in section 21(1) of the Sales Tax Act, 1990.

Business community was demanding that if the collector was unable to dispose of the applications within prescribed period of 6 months, the applicant may be considered as de-registered.

Meanwhile, the CBR on Monday issued an SRO pertaining to transfer of registration, which says:

“In exercise of the powers conferred by sub-rule (1) of rule 6 of the Voluntary Registration and De-registration Rules 1996, the Central Board of Revenue is pleased to transfer the registration of M/s Crescent Bahuman Limited, having sales tax registration number 0916520200191, from the Collectorate of Sales Tax and Central Excise, Gujranwala to the Collectorate of Sales Tax and Central Excise, Lahore, which transfer, in addition to conditions laid down in rule 6(2) and 6(3) of the aforesaid rules, shall be subject to the condition that the registered person will approach, in writing, the Collector in whose jurisdiction his registration has been transferred for obtaining his fresh registration, within a period of one month from the date of issuance of notification”.

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