Practice Questions with Solutions Chapter- 06
- As purchase of fixed assets are from non-registered persons are without sales tax invoices hence the
same shall be without sales tax u/s 23(2) of the Sales Tax Act, 1990, therefore the question of
adjustment of input tax in not applicable. - Input tax paid on gas bills of labor residential colonies is not admissible input tax under SRO
490(I)/2004 dated June 12, 2004 read with SRO 464(I)/2007 dated June 09, 2007. - No further tax has been charged on supplies covered under Fifth Schedule to the Sales Tax Act,
1990 by virtue of SRO 585(I)/2017, Dated: 01/07/2017.