Sales tax-SRO'S 2018-19

dated 21st June, 2018

SRO 775(1)/2018 Amendment in Sales Tax Speical Procedure Rules, 2007 Rule 58B , 58H, 58Ha, 58I, 58K and 58S.
SRO 776(1)/2018

Sales tax shall be charged @ zero percent on import of 200,000 metric tonnes of potatoes imported during the period commencing on the 5th May, 2014 and ending on the 31st July, 2014 (both days inclusive)

SRO 777(1) / 2018 Amendment in SRO 1125(1)/2011

Table II.

i. Rate of tax increase 6% to 9%

ii. Serial no. 4 inserted – including artificial leather

iii. Serial no 4 - 10 more items included (Bags, shopping bags, suit-case and footwear items) rate reduced to 9% from standard rate.

iv. Serial no 5 re-numbered 4A

Condition

(x) .input tax credit and refund allowed on packing material of all sorts xv. sub-serial no.

(vii) of serial no. 1 and serial no. 3 - Tax rate 6% if - Data entry on real time bases using IRIS-ADX system

SRO 778(1) / 2018 Rescind SRO 982(1) / 2015 dated 30th Sep, 2015  
SRO 779(1) / 2018 Rescind the SRO's
  • SRO 499(1) 2016 dated 27th July, 2016
  • SRO 721(1) 2016 dated 8th Aug, 2016
  • SRO 42(1) 2017 dated 26th Jan, 2017
  • SRO 139(1) 2017 dated 6th Mar, 2017 and
  • SRO 47(1) 2018 dated 23rd Jan, 2018
SRO 780(1) / 2018 Section 3 Scopt of tax - Further Tax Exemption
  • Rate of tax increased 2% to 3%
  • exemption inclieds ( Supplies of foam or spring matteresses and other products for household use.