Salex tax at import stage

[Anfal Shabbir]

DEAR LAPTOP

RULE BEFORE AMENDMENT

58C.INVOICES AND RECORDS - A COMMERCIAL IMPORTER SHALL ISSUE SERIALLY NUMBERED TAX INVOICE FOR EACH SUPPLY AS REQUIRED UNDER SECTION 23 OF THE ACT AND SHALL MAINTAIN SUCH RECORDS AS PRESCRIBED UNDER SECTION 22 OF THE SAID ACT
PROVIDED THAT TAX CHARGED THROUGH INVOICES SHALL NOT EXCEED THE AMOUNT OF SALES TAX PAID BY THE COMMERCIAL IMPORTER AT IMPORT STAGE

STGO 2007 MAIN JO ILLUSTRATION DEE HUI HAI WO IS PROVISO KA EXPLAINATION HAI

MAIN NE UPER JO RULE LIKHA HAI WO AMEND HUA HAI THROGH SRO 525 2008 JO AAP NE BHI LIKHA HAI

MAIN NE BY MISTAKE SRO 862 2008 LIKHA HAI ASAL SRO 525 2008 HAI JIS KE THROUGH RULE 58C CHANGE HUA HAI

AMENDMENT THROUGH SRO 525

58C. Value Addition Tax not to be refunded.-- (1) In no case, the refund of excess input tax over output tax, which is attributable to value addition tax, shall be refunded to a registered person.
(2) The registered person shall be entitled to file refund claim of excess carried forward input tax for a period as provided in section 10 or in a notification issued by the Board after deducting the amount attributable to value addition tax (i.e. sum of amounts paid during the claim period and brought forward to claim period). Such deducted amount shall be carried forward to subsequent tax period.

IS MAIN US PROVISO
PROVIDED THAT TAX CHARGED THROUGH INVOICES SHALL NOT EXCEED THE AMOUNT OF SALES TAX PAID BY THE COMMERCIAL IMPORTER AT IMPORT STAGE
KO DELETE KAR DYA HAI

I HOPE THAT IT WILL CLARIFY THE MATTER

ANFAL