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ACT V OF 2019 ACT V OF 2019 BALOCHISTAN FINANCE ACT, 2019 An Act to continue and revise certain taxes and fees in the Province of Balochistan [Gazette of Balochistan Extraordinary, 25th July, 2019] No. PAB/Legis; V (11)/2019/6035, dated 25.7.2019.---The Balochistan Finance Bill No. 11 of 2019 having been passed by the Provincial Assembly of Balochistan on 27th June ,2019 and assented to by the Governor Balochistan, on 23rd July, 2019 is hereby published as an Act of the Balochistan Provincial Assembly. Preamble.---Whereas it is expedient to continue and revise certain taxes and fees in the Province of Balochistan and for the matters connected therewith or ancillary thereto; It is hereby enacted as follows: - 9. Amendment in Balochistan Act No. VI of 2015.---In the Balochistan Sales Tax on Services Act, 2015 (Act No. VI of 2015),- (1) For section 50 the following shall be substituted, namely: - "50. The Authority may waive Penalty and default Surcharge in any specific case, up to Rs. 1,000,000 and above 1,000,000 with approval of Government.". (2) In section 52, subsection (1), for the word "miscalculation" the word [misconstruction] shall be substituted. (3) In Second Schedule, against the Tariff Heading 9802.4000, in column 2 of description, under the existing entries, the following paragraph shall be added, namely: - "Excluding: where payment for such advertisement is made from the Provincial Consolidated Fund.". (4) In Second Schedule, against the Tariff Heading 9814.2000, in column 2 of description, under the existing entries, the following paragraphs shall be added, namely:- "Excluding. - Where the construction work is funded under an agreement of foreign grant-in-aid or involves construction of consular buildings. Explanation.---Notwithstanding the rate of 15% fixed in column 3 (rate of tax), the following reduced rate of 6%, will be applicable, for all services specified at tariff heading 9814.2000 without input tax credit or adjustment to the extent of contracts for which payment is made from the Provincial Consolidated Fund.". (5) in Second Schedule, against the Tariff Headings 9815.3000, 9815.4000, 9815.5000, 9815.7000 and 9815.8000, in column 3 of rate of tax, for the figure and sign "15%", the figure and sign with words "6% without input tax credit/adjustment" shall be added.