The retailers with debit/credit card machines are not required to obtain sales tax registration from the Federal Board of Revenue (FBR). In this regard, the FBR has issued SRO. 738(I)/2015 on Thursday. According to the FBR, initially it was mandatory for retailers having debit/credit card machines to get themselves registered under Sales Tax Act, 1990. Now such retailers are not required to obtain sales tax registration. Other three conditions of registration in rule 4 of special Procedure Rules, 2007 continue to apply on retailers.
Following is the text of the SRO. 738(I)/2015 issued here on Thursday:- In exercise of the powers conferred by section 71 of the Sales Tax Act, 1990, read with clause (9) and (46) of section 2, sections 3 and 4, sub-section (2) of section 6, section 7A, clause (b) of sub-section (1) of section 8, sub-section (2A) and (3) of section 22, sections 23 and 60 thereof, the Federal Government is pleased to direct that in the Sales Tax Special Procedure Rules, 2007, the following further amendment shall be made and shall be deemed to have been so made on the 2nd July, 2014, namely.- In the aforesaid rules, in rule 4, clause (c) shall be omitted, it added.
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