The Central Board of Revenue (CBR) will charge sales tax at the rate of zero-percent on import and supply of 'Sodium dichromate' and footwear with upper of leather or composition leather and footwear with upper of textile material, while zero-rating facility has been withdrawn on import and supply of lacquer /hardener/resin.
The CBR has amended SRO 621(I)/2005 through two notifications SRO 924(I)/2005 and SRO 925(I)/2005 on Friday.
According to another SRO 947(I)/2005, the CBR has rescinded SRO 907(I)/2004, SRO 908(I) 2004 and SRO 909(I)/2004 pertaining to adjudication. SRO 907 deals with jurisdiction and powers of adjudication of sales tax officers.
SRO 936(I)/2005 has also been issued to amend 'Sales Tax Rules 2005'.
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