Government of Pakistan

(Revenue Division)

Central Board of Revenue

[Sales Tax & Federal Excise Wing]

*****

 

C. No. 3(4)ST-L&P/2005.   

Islamabad, the 17th December, 2005.

                                    

 

SALES TAX CIRCULAR NO. 04/2005

 

 

SUBJECT:         CONDONATION OF FINE / PENALTY AND DEFAULT SURCHARGE FOR LATE FILING OF RETURNS UNDER SRO 1184(I)/2005 AND 1185(I)/2005 DATED 01.12.2005.

 

                        A number of registered persons required to file Sales Tax / Federal Excise returns electronically have approached the Central Board of Revenue with the plea that they could not file their returns electronically within due date, either due to delay in issuance of digital certificate by M/s NIFT or due to lack of awareness about the new system and have accordingly requested to condone fine/penalty and default surcharge for late filing.

 

02.                    Keeping in view the genuine hardship of such taxpayers the Central Board of Revenue is pleased to allow that :

 

(a)        Registered persons who had applied for NIFT registration and made payment of due tax in online branches of NBP by 15th December, 2005, may file their returns electronically upon receipt of NIFT certification without any fine / penalty and default surcharge for late filing.

 

(b)        Registered persons who could not apply for NIFT registration by 15th December, 2005, may file their returns manually without imposition of any fine/penalty and default surcharge for late filing.

 

03.                    The above condonation is being allowed on one time basis and the registered persons falling in the jurisdiction of Large Taxpayers Unit (LTU), Karachi and Lahore as well as public and private limited companies registered in other Collectorates shall be required to file their returns for the tax period of December, 2005 electronically by 15th January, 2006 as per the provisions of SROs 1184(I)/2005 and 1185(I)/2005 dated 01.12.2005.

 

(Wajid Ali)

Secretary (ST&FE-Budget)