The CBR on Monday issued seven notifications pertaining to amended list of manufacturing units to pay sales tax at the rate of zero-percent on power consumption. In certain cases, the jurisdiction of units has been revised, while sales tax registration numbers and consumer numbers of some industrial units have been corrected. Some of the manufacturers have requested the CBR to amend these SROs to notify the correct data about them.
SRO 1081(I)/2005 of October 24, 2005 was issued to amend SRO 927(I)2005 to deal with 315 units within the jurisdiction of Karachi Electricity Supply Corporation (KESC). The names of certain companies have been omitted from the list of SRO 927(I)2005 and typing mistakes have been corrected.
SRO 1082(I)/2005 has amended SRO 928(I)2005 relating to 150 units to whom electricity is being supplied by the Lahore Electric Supply Company. Consumer numbers and sales tax registration numbers of some of the companies have been changed.
SRO 1083(I)/2005 has revised SRO 929(I)/2005 to deals with 126 units operating within the Fasialabad Electric Supply Company. Chawla Spinning Mill has been included in the list of zero-rated companies operating within the jurisdiction of Fesco.
SRO 1084(I)2005 has amended SRO 930, to deal with 28 units within the jurisdiction of Multan Electric Power Supply Company.
SRO 1085(I)/2005 has amended SRO 931(I)/2005 containing list of 41 units within the jurisdiction of Gujranwala Electric Power Company. White Pearl Jute Mill has been added in the list of units of Gepco.
SRO 1086(I)/2005 has amended SRO 932(I)2005 to deal with 8 units operating within the jurisdiction of Hyderabad Electric Supply Company. Crescent Board Ltd and Gulistan Fibres Ltd have been added in the list of units within the jurisdiction of Hesco.
SRO 1087(I)/2005 has amended SRO 933, dealing with 12 units of Islamabad Electric Supply Company.
SRO 1088(I)/2005 has amended SRO 934(I)/2005 to deal with 13 units operating within the jurisdiction of Peshawar Electric Supply Company.
Manufacturers have to fulfil certain conditions for availing zero-rate facility on the electricity consumption.
First, the electricity connection should be in the name of the registered person and the bill issued by electricity provider contains the name and the sales tax registration number of such person.
Second, in case where the connection is not in the name of such person; the registration number of such person is mentioned in the electricity bill along with the address of such person as given by him in his application for sales tax registration.
Third, electricity is consumed only in the manufacture of goods specified in SRO 621 (I)/2005 of June 17, 2005.