GOVERNMENT OF PAKISTAN MINISTRY OF FINANCE, ECONOMIC A FPAIRS, STATISTICS AND REVENUE VENUE DIVISION: EVIE ESION ith Islamabad, the October, 2013 NOTIFICATION (SALES TAX) S.R.O. 398 (0/2013 In exercise of the Powers conferred by clause (c) of section 4 read with clause (b) of. sub-section (2) and sub-section (6) of section 3, clause (b), of sub-section (1) of section 8 and section 71 of the Sales Tax Act, 1990, the Federal Govemment is pleased to direct ‘that the following further amendments shall be made in its Notification No. S.R. 0, 1125(1/2011 dated the 31" December, 2011, namely:~ In the aforesaid Notification,— @ after condi (iD. the folowing nev condition shall be inserted, namely: “(viia) notwithstanding anything contained in any other condition of this Notification, import and supplies of fabric shall be ‘charged t0 sales tax at the rate Of three per cent and value addition tax at the rate of two er cent shall be chargeable on commercial imports of fabrics,”; and in condition (x), for the proviso, the following shall be substituted, namely:- “Provided that refund against local supplies, if any, shall be admissible only subjest to pre-efind audit and in case of value addition of less than ten Pervent Subject to the condition that the registered persons furnishes a revolving bank guarantee valid for at least ninety days issued by a scheduled bank to the satisfaction of the Commissioner, Inland Revenue having jurisdiction, of an Amount net less than the average monthly refund claim during last twelve months: Inland Revenue having jurisdiction,”, iC. No. 1/56-8TB/2013)