SAFINA IMPEX, ISLAMABAD versus COLLECTOR SALE TAX, RAWALPINDI
Section 73 and 10 Foreign Exchange Regulation Act (VII of 1947), Section 12 (1) Return Returns The exporters' return was not claimed by the banking channel as payment was previously made to the Guarantor. I was told that he had made the transfer. The amount added to the registered person / exporter's account. And the exporters argued that there was no "direct" use in section 73 of the Sales Tax Act 1990 and that indirect transfer of money, still through the banking channel, should be considered valid and the sales tax section Should remain within the scope of 73. Act, 1990 in which a registered person is entitled to a refund of the department's money, which must be paid in favor of the seller / exporter through the channel sold to his bank account. And the person registered did not submit all the necessary documents to support the claims. The registered person maintained that the amount of goods exported was first received by the guarantor, who then transferred it to the exporter's account and there was a certificate by the competent bank. The person registered for the impact on the file was certain that once some of the guarantors came into the picture, there was no possibility of transferring payments through the importer's authorized bank through which to transfer the account to some so-called guarantor's account. Is done The Foreign Exchange Regulation Act, 1947, was not followed, a certificate was issued by the authorized bank of the exporter to recover the goods of the exporter from the guarantee officer's account dealing with the return claim. Aspects of this matter
