The Federal Government is pleased to direct that the following further amendment shall be made in its Notification No. S.R.O. 1065(I)/2005.

GOVERNMENT OF PAKISTAN MINISTRY OF FINANCE, ECONOMIC AFFAIRS, STATISTICS & REVENUE (REVENUE DIVISION) ***** Islamabad, the 30th October, 2008. NOTIFICATION (CUSTOMS / SALES TAX) S.R.O. 1137(I)/2008.-- In exercise of the powers conferred by section 19 of the Customs Act, 1969 (IV of 1969), and sub-section (2) of section 13 of the Sales Tax Act, 1990, the Federal Government is pleased to direct that the following further amendment shall be made in its Notification No. S.R.O. 1065(I)/2005, dated the 20th October, 2005, namely:- In the aforesaid Notification, for condition (iv), the following shall be substituted, namely:- “(iv) the importer shall export temporarily imported goods after due processing thereof within eighteen months of their import. On a request from the importer, the Collector concerned shall allow extension for six months on payment of one per cent surcharge per month on C&F value of the goods for which extension has been sought. The Board may consider any further extension in exceptional circumstances on such terms and conditions as may be deemed appropriate in the matter;”. [C.No.3(21)SS(CR)/87.] (Muhammad Afzal Bhatti) Additional Secretary