Input tax adjustment allowed against provincial laws
SRO 212(I)/2014 is a Sales Tax SRO dated 26 March 2014, listed by FBR as "Input tax adjustment allowed against provincial laws".
FBR publishes this SRO as scanned images, so the text below was transcribed by Qanoon Digest from the page images, with tables set out as tables. Check the official PDF before relying on any wording or figure.
Page 1
GOVERNMENT OF PAKISTAN
MINISTRY OF FINANCE, ECONOMIC AFFAIRS,
STATISTICS AND REVENUE
(REVENUE DIVISION)
Islamabad, the 26th March, 2014.
NOTIFICATION
(SALES TAX)
S.R.O. 212(I)/2014.- In exercise of the powers conferred by clause (22A) of section 2 of the Sales Tax Act, 1990, the Federal Government is pleased to declare the tax levied under the following laws to be provincial sales tax for the purpose of input tax under the said Act, namely:-
(a) The Balochistan Sales Tax Ordinance, 2000 (Balochistan Ordinance No. I of 2000);
(b) the Islamabad Capital Territory (Tax on Services) Ordinance, 2001 (XLII of 2001);
(c) the Sindh Sales Tax on Services Act, 2011 (Sindh Act No. XII of 2011); and
(d) the Punjab Sales Tax on Services Act, 2012 (Punjab Act No. XLII of 2012).
- This notification shall take effect and shall be deemed to have been in effect from the 1st July, 2013.
[C. No. 1/23-STB/2010(Pt)]
(Muhammad Ashraf Khan)
Additional Secretary
Which later SROs refer to this one?
SROs whose FBR title names SRO 212(I)/2014, usually to amend or rescind it.
- SRO 489(I)/201630 June 2016Rescind S.R.O 115(I)/2008 and S.R.O 212(I)/2014
Related Sales Tax SROs on other
- SRO 814(I)/20162 September 2016SRO under clause (22A) of section 2 of Sales Tax, 1990
- SRO 398(I)/20158 May 2015Sales Tax reduced to 5% for LNG imported for servicing CNG Sector and Fertilizer produced by using imported LNG (Conditions apply)
- SRO 727(I)/201411 August 2014Sales Tax and Federal Excise Return (STR-7)
- SRO 236(I)/201431 March 2014The Federal Board of Revenue is pleased to notify the value of supply to the CNG consumers as the "Total Value Added Cost" of CNG as notified, from time to time, by the Oil and Gas Regulatory Authority.
- SRO 1004(I)/201217 August 2012dated 17.08.2012
- SRO 79(I)/20122 February 2012Sales Tax on tractors at import and local supply stage has been redued to 5%(upto 31.12.2012),10% (on and from 01.01.2013 to 31.12.2013) and will revert back to 16% (on and from 01.01.2014) respectively....