Definitions Chapter- 01
(16a) "non-fund banking services" includes all non-interest based services provided or rendered
by the banking companies or non-banking financial institutions against a consideration in the
form of a fee or commission or charges;(17) "non-tariff area" means Azad Jammu and Kashmir, Northern Areas and such other territories
or areas to which this Act does not apply;(18) "person" includes a company, an association, a body of individuals, whether incorporated or
not, a public or local authority, a Provincial Government or the Federal Government;(19) "prescribed" means prescribed under this Act or by rules made there(19a)"property developers or promoters" means persons engaged in development of purchased
or leased or leased land for conversion into residential or commercial plots or construction of
residential or commercial units for sale;(20) "registered person" means a person who is registered or is required to be registered under
this Act provided that a person who is not registered but is required to be registered shall not be
entitled to any benefit or privilege under this Act or rules made there under, unless he is
registered and such benefit and privilege, unless allowed by Board, shall be confined to period
of registration;(21) "sale" and "purchase" with their grammatical variations and cognate expressions, mean any
transfer of the possession of goods or rendering and providing of services by one person to
another in the ordinary course of trade or business for cash or deferred payment or other
consideration;(21a) "sales tax mode" means the manner of collection and payment under the Sales Tax Act,
1990, and rules made there under, of the duties of excise chargeable under this Act specified to
be collected and paid as if such duties were tax chargeable under section 3 of the said Act and
all the provisions of that Act and rules, notifications, orders and instructions made or issued
there under shall, mutatis mutandis, apply to the excise duty so chargeable; and(22) "Schedule" means the schedule appended to this Act;(23) "services" means services, facilities and utilities leviable to excise duty under this Act or as
specified in the First Schedule read with Chapter 98 of the Pakistan Customs Tariff, including
the services , facilities and utilities originating from Pakistan or its tariff area or terminating in
Pakistan or its tariff area;(23a) "supply" includes sale, lease or other disposition of goods and shall include such transaction
as the Board, with the approval of the Federal Minister-in-charge may notify in the official
Gazette from time to time;(24) "tariff area" means area other than the non-tariff area;(24A) “un-manufactured tobacco” means tobacco useable for manufacture of cigarettes as
manufactured by Green Leaf Threshing Units after processing and conversion of tobacco green
leaf;(24AB) "whistleblower" means whistleblower as defined in section 42D of the Federal Excise Act,
2005;(25) "wholesale dealer" means a person who buys or sells goods wholesale for the purpose of
trade or manufacture, and includes a broker or commission agent who, in addition to making
contracts for the sale or purchase of goods for others, stocks such goods belonging to others
as an agent for the purpose of sale; and(26) "Zero-rated" means duty of Federal excise levied and charged at the rate of zero per cent
under section 5 of this act.