08-12-2010, 08:10 PM
<b>Registered persons specified below shall be excluded from the purview of the said sub-section (1) of section 8Bâ</b>
1- Persons registered in electrical energy sector.
2- Oil marketing companies and petroleum refineries.
3- Fertilizers manufacturers.
4-Manufacturers consuming raw materials chargeable to sales tax at the rate of 18.5% or 21% provided value of such raw materials exceeds 50% of value of all taxable purchases in a tax period.
5- Wholesalers-cum-retailers operating in Chapter XII of the Sales Tax Special Procedures Rules, 2007.
6- Commercial importers provided the value of imports subjected to 2% value addition tax under Chapter X of the Sales Tax Special Procedures Rules, 2007, exceeds 50% of value of all taxable purchases in a tax period.
7- Person making zero-rated supplies provided value of such supplies exceeds 50% of value of all taxable supplies in a tax period.
8- Distributors and wholesalers.
9- Gas distribution companies.
10- Solvent extracting units of edible oils.
11- Telecommunication Services
12- Pakistan Steel, Bin Qasim, Karachi
1- Persons registered in electrical energy sector.
2- Oil marketing companies and petroleum refineries.
3- Fertilizers manufacturers.
4-Manufacturers consuming raw materials chargeable to sales tax at the rate of 18.5% or 21% provided value of such raw materials exceeds 50% of value of all taxable purchases in a tax period.
5- Wholesalers-cum-retailers operating in Chapter XII of the Sales Tax Special Procedures Rules, 2007.
6- Commercial importers provided the value of imports subjected to 2% value addition tax under Chapter X of the Sales Tax Special Procedures Rules, 2007, exceeds 50% of value of all taxable purchases in a tax period.
7- Person making zero-rated supplies provided value of such supplies exceeds 50% of value of all taxable supplies in a tax period.
8- Distributors and wholesalers.
9- Gas distribution companies.
10- Solvent extracting units of edible oils.
11- Telecommunication Services
12- Pakistan Steel, Bin Qasim, Karachi
