Sales Tax Rules/ Notifications
Contents of Notification Which Remains on Statute
With Effect from 18/06/2001 Upto Onward
Sections: 50 71
Special procedure for Ginning Industries Rules, 1996
dated 10th November 1996, -- In exercise of powers conferred by
section 71 of the Sales Tax Act, 1990 read with sub-section (3A) of section
3 thereof, the Federal Government is pleased to make the following rules,
1. Short title, application and commencement.
(1) These rules may be called special procedure for
Ginning Industry Rules, 1996;
(2) These shall apply to the cotton ginners and
(3) They shall come into force at once.
2. Definition – for the purpose of these Rules.
(a) “Act” means the Sales Tax Act, 1990;
(b) “Ginning” means the manufacturing of ginned cotton;
(c) “Ginning unit” means any manufacturing unit engaged
in ginning; and
(d) “Ginner” means a person who is engaged in the
manufacture and supply of ginned cotton.
(1) A ginner shall apply for registration in the
form specified in the Central Board of Revenue’s Notification No. S.R.O
550(I)/96, dated the first July 1996 to the Collector of Sales Tax
having jurisdiction in the area where the ginning unit is situated.
(2) Where the ginner is running more than one
ginning unit or a composite unit dealing in ginning and spinning together
or is engaged in any other taxable activity. Whether the ginning and other
taxable activity are carried out in the same premises or not, such ginner
shall apply for registration separately in accordance with sub-rule (1) for
each ginning unit and separately for other taxable activity;
(3) The application for registration shall be
processed and if the application contains necessary particulars a
certificate of registration indicating the registration number assigned to
the applicant shall be issued.
4. Tax rate.
All supplies by a ginner shall be charged to tax at the rates specified
in the Act;
provided that where any such supply is subsequently exported, it shall be
zero-rated in accordance with the provisions of section 10 of the Act.
5. Tax Invoice.
The ginner shall issue a tax invoice on the supply of taxable goods
under section 23 of the Act indicating the value of taxable supply and the
amount of tax due on such a supply.