3 of 102022-06-30

Ordinance (general), as published 30 June 2022

This is the Ordinance (general) as it stood on 30 June 2022. It runs to 6 pages and contains 3 sections, with 0 amendment footnotes.

What this document is

Published by the Federal Board of Revenue as part of the Ordinance (general) collection. A consolidation of this kind folds every amendment made up to its cover date into the text, so it shows the law as it stood on 30 June 2022 rather than as originally enacted.

The date above was taken from the file name rather than a consolidation statement on the cover, so treat it as approximate.

The shape of this version

The operative text holds roughly 1,002 words across 3 sections.

What changed since the previous version

Against the version published 30 June 2022, this one has 3 new sections.

New in this version

section 3, Amendments of Income Tax Ordinance, 2001 (XLIX of 2001)
section 4, Amendments of the Federal Excise Act, 2005
section 5, Amendment of section 8 of the Finance Act, 2022

The source file


File name	`Tax Laws (Second Amendment) Ordinance, 2022.pdf`
Pages	6
Size	1.28 MB
Text extraction	markitdown
Extraction confidence	high
Position in this collection	9 of 10

SHA-256 of the source PDF:

c6a97d3e12535c925bcd89fdcaff502cdbd6a7c54c510d2363b2fa9cb879aa21

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A note on these figures

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The full text of this version

All 3 sections as they appear in this document, reproduced from the source PDF. Amendment footnotes follow at the end.

3. Amendments of Income Tax Ordinance, 2001 (XLIX of 2001)

In the Income Tax Ordinance, 2001 (XLIX of 2001), the following further amendments shall be made, namely:- for section 99A, the following shall be substituted and shall be deemed to have been so substituted from the 1st day of July, 2022, namely:- “99A. Special provisions relating to payment of tax through electricity connections.

(1) Notwithstanding anything contained in the Ordinance, a tax shall be charged and collected from retailers other than Tier-I retailers as defined in the Sales Tax Act, 1990 (VII of 1990) and specified service providers on commercial electricity connections at the rates specified in the income tax general order issued in terms of sub-section (2). For the purposes of this section, the Federal Government or the Board with the approval of the Minister in-charge pursuant to the approval of the Economic Coordination Committee of the Cabinet may, issue an income tax general order to-

(a) provide the scope, time, payment, recovery, penalty, default surcharge, adjustment or refund Cif tax payable under this

1040 THE GAZETTE OF PAKISTAN, EXTRA., AUGUST 23, 2022 [PART! section in such manner and with such conditions as may be specified; provide the collection of tax on the amount of bill or on any basis of consumption, in addition to or in lieu of advance tax collectible under sub-section (1) of section 235, at such rates or amounts, from such date and with such conditions as may be specified; provide record keeping, filing of return, statement and assessment in such manner and with such conditions as may be specified; provide mechanism of collection, deduction and payment of tax in respect of any person; include or exempt any person or classes of persons, any income or classes of income from the application of this section, in such manner and with such conditions as may be specified; and provide that tax collected under this section shall in respect of such persons or classes of persons be adjustable, final or minimum, in respect of any income to such extent and with such conditions as may be specified. The provisions of sub-section (I) of section 235 shall apply to the persons as specified therein unless specifically exempted under the income tax general order issued under sub-section (2). The provisions of section 100BA and rule I of the Tenth Schedule shall not apply to the tax collectible under this section unless specifically provided in respect of the person or class of persons mentioned in the income tax general order issued under sub-section (2).“; in section 235, the sub-section (IA) shall be omitted and deemed to have been so omitted from the 1st day of July, 2022; in the First Schedule, in Part IV,-

(a) in Division Ill, in clause (2), for the Table, the following shall be substituted, namely:-

PART I] THE GAZETTE OF PAKISTAN, EXTRA., AUGUST 23, 2022 1041

(2) ’1. 4 or more persons but l ess than 10 persons 10 or more persons but less 2. (b) in Division IV, clause (3) shall be omitted;

(4) in the Second Schedule, in Part 1,- after omitted clause (5), the following new cLayse shall be inserted and deemed to have been so inserted from the 1st day of July, 2022, namely:- “(5A) Any allowance or perquisite paid or allowed as such outside rendering service outside Pakistan.”; and after clause (105B), the following new clause shall be inserted, namely:- “(105C) Any income derived by Kuwait Foreign Trading Contracting and Investment Company or Kuwait Investment Authority being dividend of the Pak-Kuwait Investment Company in Pakistan from the year of incorporation of Pak-Kuwait Investment Company.”; and

(5) in the Tenth Schedule, in Rule 10, after the omitted clause (h), the following new clause shall be inserted, namely: - “(ha) tax collected under section 234 during the period starting from the date of commencement of the Tax Laws (Second Amendment) Ordinance, 2022 and ending on the 30th day of June, 2023 in respect of goods transport and passenger transport vehicle.”.

4. Amendments of the Federal Excise Act, 2005

In the Federal Excise Act, 2005, in the First Schedule, in Table- I, in column (1), the following further amendments shall be made, namely: -

1042 THE GAZETTE OF PAKISTAN, EXTRA., AUGUST2.3, 2022 WART I against serial number 7, in column (4), for the word “Ten rupee”, the words “Three hundred and ninety rupees” shall be substituted; against serial number 9, in column (4), for the words “five thousand nine hundred”, the words “six thousand five hundred” shall be substituted; and against serial number 10, in column (4), for the words “one thousand eight hundred and fifty”, the words “two thousand and fifty” shall be substituted.

5. Amendment of section 8 of the Finance Act, 2022

-In the Finance Act, 2022, in section 8, the following further amendments shall be made, namely:-

(a) in sub-section (13), after clause (c), the following new clause shall be inserted, namely:- “(Ca) “motor vehicle held in Pakistan” includes car, caravan e te automobiles, jeep, limousine, pickup, sports utility vehicle, trucks, vans, wagon and any other automobile excluding- a motor vehicle used for public transportation, carriage of goods and agriculture machinery; and any motor vehicle held in Pakistan by a foreign diplomat or a foreign diplomatic mission.“; and

(b) in the First Schedule, for the expression “(See section 1)”, the expression “[See sub-section (1)1” shall be substituted. DR. ARM’ ALVI, President. RAJA NAEEM AKBAR, Secretary. PRINTED BY THE MANAGER. PRINTING CORPORATION OF PAKISTAN PRESS, ISLAMABAD. P. SU IS’ IED BY THE DEPUTY CONTROLLER. STATIONERY AND FORMS, UNIVERSITY ROAD. KARACHI.