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Appellate Tribunal Inland Revenue 2012 Sales Tax Act (VII of 1990)--- Ss. 7, 3, 14 & 71--- Sales Tax Special Procedures Rules, 2007, Chapter-III, R.3(1) & Chapter-XI, R.58H (2)

2012 PTD 263

Determination of tax liability---Adjustment of input tax
MESSRS LAHORE ELECTRIC SUPPLY COMPANY LTD., LAHORE
Appellant
VS
RESPONDENTS: C.I.R., R.T.O., LAHORE
Respondent

Case Laws / Head Notes / Paras

---Determination of tax liability---Adjustment of input tax---Electric supply companies---Taxpayer, an electric supply company, was paying sales tax (output tax) on distribution/supply of electricity and were adjusting input tax---Revenue created demand on the ground that tax collected from the Steel Melters/Re-rollers, under R.58(H) of the Sales Tax Special Procedure Rules, 2007 through electricity bills, was wrongly adjusted by them against input tax as the tax was final discharge of tax liability of the Steel-Melters/Re-rollers and the taxpayer had just collected the same on behalf of department---Taxpayer contended that they were entitled to adjust input tax under S.7 of the Sales Tax Act, 1990 read with R.15 to Chapter III of Special Procedure Rules, 2007---No corresponding amendment ...