Sales Tax Rules/ Notifications

SRO No:         1271(I)/96
Dated:            10/11/1996
Contents of Notification Which Remains on Statute
With Effect from 18/06/2001 Upto Onward
Sections: 50 71 3(3A)
Citation:
Special procedure for Ginning Industries Rules, 1996

S.R.O. 1271(I)/96, dated 10^th 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, namely:

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 ginning factories.
(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.

3. Registration.

(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.