Government of Pakistan (Revenue Division) Central Board of Revenue [Sales Tax & Federal Excise Wing] **
C. No. 5/24-STB/2005	Islamabad, the 12^th September, 2006
SALES TAX CIRCULAR NO. 06/2006 Subject:            WAIVER FOR SUBMISSION OF MONTHLY INVOICE SUMMARY.                         The Central Board of Revenue vide SRO 559(I)/2006 dated 05.06.2006 has prescribed monthly invoice summary statements for purchases and sale required to be filed by all registered persons engaged in the import or supply of taxable goods except the persons engaged in the manufacturing or supply of goods relating to nine zero-rated sectors. The main objective of obtaining the monthly invoice summary is to put in place a system of automated verification of inputs for issuance of adjustment advices/refunds. Having reviewed the system in detail, the Central Board of Revenue is pleased to also exclude the following sectors from the purview of filing the summary statement to facilitate the taxpayers: (i) Hotels/restaurants; (ii) CNG stations; (iii) Retailers; (iv) Persons engaged exclusively in sale and purchase from unregistered persons; (v) Persons engaged exclusively in import-cum-export and making no local purchases/supplies; and (vi) Courier services.  (Wajid Ali) Secretary (ST&FE-Budget)