Penalty amount, default surcharge: SRB extends exemption date

The Sindh Revenue Board (SRB) on Saturday has once again extended date of exemption of whole of the amount of penalty and default surcharge payable by a person who has failed to pay any amount of Sindh sales tax or against whom an amount of Sindh sales tax is outstanding on account of any non-payment or short payment of the tax due to any reason, till June 30, of this year, Business Recorder has learnt.
The previous dates of this exemption were June 15, than June 21, 2012. According to recent notification issued by SRB, in exercise of the powers conferred by section 45 of the Sindh Sales Tax on Services Act, 2011 (Sindh Act No XII of 2011), the SRB, with the approval of the Government of Sindh, is pleased to exempt whole of the amount of penalty and default surcharge payable by a person who has failed to pay any amount of Sindh sales tax or against whom an amount of Sindh sales tax is outstanding on account of any non-payment or short payment of the tax as was payable under the Sindh Sales Tax Ordinance, 2000 (Sindh Ordinance No VIII of 2000), or under the Sindh Sales Tax on Services Act, 2011, due to any reason, including audit observation or show cause notice or adjudication order or assessment order or appellate order or inadmissible input tax credit or adjustment, subject to the condition that the principal amount of Sindh sales tax is paid by him on or before the 30 June, 2012. The penalties involved for the offences of non-registration and non-filing of tax returns shall also be exempted.