Watermark
Appellate Tribunal Inland Revenue 2012 Sales Tax Act (VII of 1990)--- Ss. 13, 3(1) (a), 3(3)(a), 2(14)(e), 2(41), 2(39), 6, 7, 8, 22, 23, 26(1), 33, 34 & 61A---Customs Act (IV of 1969), S.2(s), 50, 130, 131---Import and Export (Control) Act, (XXXIX of 1950), S.3---Export Policy Order 2

2012 PTD 246

Exemption---Supply of electricity
Messrs ISLAMABAD ELECTRIC SUPPLY COMPANY LTD.
Appellant
VS
COMMISSIONER INLAND REVENUE, (LEGAL), ISLAMABAD and another
Respondent

Case Laws / Head Notes / Paras

---Exemption---Supply of electricity to Government of Azad Jammu and Kashmir by Islamabad Electric Supply Company---Charge of sales tax---Taxpayer contended that supplies were made under a valid agreement entered between the Government of Pakistan and Azad Jammu and Kashmir Government for raising Mangla Dam, wherein it had specifically been consented and agreed between both the Governments that no sales tax shall be charged on the (supplies subject matter of the agreement), and Azad Jammu and Kashmir being a foreign territory, the subject supply of electricity was "export" amenable to charge of tax at the rate of zero percent in terms of S.4 of the Sales Tax Act, 1990---Validity---Explicit agreement existed between the two governments whereby, the Ministry of Water and Power of the Governm...