Draft amendments in Rule 885 of Customs Rules 2001- Procedure for International Toll Manufacturing

GOVERNMENT OF PAKISTANI • (REVENUE DIVISION) FEDERAL BOARD OF REVENUE ***** Islamabad, the 17th November, 2021. NOTIFICATION (CUSTOMS) S.R.O. /5-06i (1)12021.- The following certain further draft amendments in the Customs Rules, 2001, which it is proposed to be made by the Federal Board of Revenue in exercise of the powers conferred by section 219 of the Customs Act, 1969 (IV of 1969), section 50 of the Sales Tax Act, 1990, section 40 of the Federal Excise Act, 2005 and section 237 of the Income Tax Ordinance, 2001 (XLIX of 2001), are hereby published for information of all persons likely to be affected thereby and, as required by sub-section (3A) of the said section 219, notice is hereby given that objections or suggestions thereon, if any, may for consideration by the Board be sent within fifteen days of the publication of the draft amendments in the official Gazette, which on receipt before expiry of the said period shall be taken into consideration by the Board, namely :- DRAFT AMENDMENTS In the aforesaid Rules, in rule 885, - In sub rule (2), for the words "State Bank of Pakistan" the words "concerned authorized dealer or scheduled bank" shall be substituted; and In sub rule (3), for the words "State Bank of Pakistan" the words concerned authorized dealer or scheduled bank" shall be substituted. TC.No.5(7)EP/2019 Pt.1 ( Ihsanu a L a Secretary (Exp art Policy)