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Budget 2011-12
Comments on Finance Bill, 2011
Budget 2011-12 - Graphical Exhibits
Glimpses of grim and stubborn Pakistan's Economy
Salient features of proposed amendments in Income Tax Ordinance 2001
Comments on amendments on Income Tax
Salient features of proposed amendments in Sales Tax Act 1990
Comments on amendments on Sales Tax
Salient features of proposed amendments in Federal Excise Duty Act 2005
SROs issued with Finance Bill 2011 relating to Sales Tax
|
SRO
No. |
Dated |
Subject
matter |
Effective
from |
|
|
|
|
|
|
3-06-2011 |
Federal
Government has rescinded its following
notifications: SRO
1240(I)/2005 dated December 16, 2005: SRO
542(I)/2006 dated June 5, 2006: SRO
275(I)/2008 dated March 12, 2008: SRO
1(3)STM/2004(Pt-II)
dated August 23, 2009: SRO
1(3)STM/2009 Pt-II dated 23.08.2009 |
4-06-2011 | |
|
3-06-2011 |
Through SRO
551(I)/2008 dated 11.06.2008, the Federal Government has granted
exemption of sales tax on a number of items specified in the Table
given below the said notification. Now through SRO 481(I)/2011
omitted serial numbers 2, 12,15,17, and 18 relating to the exemption
from sales tax on
various other items including sugar, CNG kits, cylinders,
commercial catalogues, rock phosphate, phosphoric acid and mineral
oil. |
4-06-2011 | |
|
3-06-2011 |
Through SRO
880(I)/2007 dated 01.09.2007; the Federal Government has granted
exemption of whole of sales tax on 63 types of diagnostic kits or
equipment as had been specified in the Table given below said
notification. |
4-06-2011 | |
|
3-06-2011 |
Through SRO
880(I)/2007 dated 01.09.2007; the Federal Government has granted
exemption of whole of sales tax on 63 types of diagnostic kits or
equipment as had been specified in the Table given below said
notification. |
4-06-2011 | |
|
3-06-2011 |
The Federal
Government rescinded its notification no. SRO 116(I)/2007 dated
November 30, 2007 whereby exemption from sales tax was granted on
the import of raw materials use for the manufacture of diapers of HS
5601.1040 is now withdrawn. |
4-06-2011 | |
|
3-06-2011 |
Through SRO
549(I)/2008 dated 11.06.2008; the Federal Government has directed
that sales tax at the rate of 0% shall be charged on goods specified
at Sr. Nos. 1 to 9 of the Table given below the said
notification. |
4-06-2011 | |
|
3-06-2011 |
Sales Tax
Rules, 2006 amended as
follows: ·
Rule 14A-
Omitted: ·
Appointment
of Alternative Dispute Resolution Committee ---- Amendment in rule
65: |
4-06-2011 |
SROs issued with Finance Bill 2011 relating to Federal Excise Duty
|
SRO
No. |
Dated |
Subject
matter |
Effective
from |
|
|
|
|
|
|
3-06-2011 |
Federal
Government is pleased to rescind its
Notification No. S.R.O. 364(I)/2007, dated the 3rd May,
2007. |
4-06-2011 | |
|
3-06-2011 |
Federal
Board of Revenue is pleased to direct that the following further
amendments shall be made in the Federal Excise Rules, 2005, namely,–
In
the aforesaid Rules, in rule 43A, in sub-rule (2), for the word
“five” the word “ten” shall be substituted.. |
4-06-2011 | |
|
3-06-2011 |
Federal Government is pleased to rescind its Notification No. S.R.O. 655(I)/2007, dated the 29th June, 2007. |
4-06-2011 |
