Sales 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....
SRO 79(I)/2012 is a Sales Tax SRO dated 2 February 2012, listed by FBR as "Sales 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....".
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 2nd February, 2012.
(NOTIFICATION)
(SALES TAX)
S.R.O. 79(I)/2012.- In exercise of the powers conferred by clause (b) of sub-section (2) of section 3 of the Sales Tax Act, 1990, the Federal Government is pleased to direct that sales tax shall be charged on goods mentioned in column (2) of the Table below, subject to the conditions and restrictions specified in column (3) thereof, namely:-
| S. No. | Description | Conditions and restrictions |
|---|---|---|
| (1) | (2) | (3) |
| 1. | Agricultural tractors falling under PCT heading 8701.9020 | (i) Import and supply thereof; and (ii) Sales tax shall be charged at reduced rates wherever applicable during the period indicated below:- Upto 31.12.2012: 5%; On and from 01.01.2013 to 31.12.2013: 10%; On and from 01.01.2014: 16% |
[C. No. 2/106-STB/2005)]
(Muhammad Aqil Usman)
Additional Secretary
Which later SROs refer to this one?
SROs whose FBR title names SRO 79(I)/2012, usually to amend or rescind it.
- SRO 572(I)/201426 June 2014Supersession of Notification No. S.R.O. 79(I)/2012, dated the 2nd February, 2012,
Related Sales Tax SROs on other
- SRO 1004(I)/201217 August 2012dated 17.08.2012
- SRO 1126(I)/201027 September 2010Auditors of Sales Tax Department
- SRO 610(I)/20101 July 2010Salex Tax Registration numbers or the words.
- SRO 309(I)/20105 May 2010Addition of members of adre committe.
- SRO 278(I)/201028 April 2010Revision of Return by a registered person
- SRO 66(I)/20109 February 2010Correction of PCT Heading.