The Central Board of Revenue (CBR) has asked the registered exporters to avail exemption of sales tax on input goods/raw material under Duty and Tax Remission (DTRE) scheme without maintaining computer record.
Sources told Business Recorder here on Friday that Article 297B of DTRE rules requires the maintenance of computer record duly approved by CBR for those sales tax registered persons who claim remission of sales tax only.
However, as concerned software is not yet operational, the exemption of sales tax under DTRE Rules may be extended to the sales tax registered persons falling under Rule 297-B.
This is subject to the condition that the registered persons furnish information about the import, sale and export of goods until the software mentioned in article 297B starts working.
The exporters can avail sales tax remission under the interim arrangement provided the record will be subsequently transposed to the computerised format whenever the software becomes operational, sources added.
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