SRO 190203c(I)/2003

GOVERNMENT OF PAKISTAN REVENUE DIVISION CENTRAL BOARD OF REVENUE Islamabad the 19th FEB, 2003 NOTIFICATION (CUSTOMS) S.R.O. (I)/2003-: In exercise of the powers conferred by clause (c) of section 21 of the Customs Act 1969(IV of 1969) ,and in supersession of the notification n.o S.R.O.838(I)/2002,DATED the 23rd NOV,2002, the central board of revenue is pleased to authorize repayment of custom duties to the extent specified in column (4)of the table below paid on the importation of the raw material specified in column (1) of the said table and used in production or manufacture of the goods specified in column (2) of that table and exported during the period specified during in column (3) thereof subjects to the following conditions , namely:- 1. The goods have been manufactured according to the formula duly furnished to the central board of revenue showing the quantity of various imported raw material specified in col(1) of the said table and used in the production or manufacture of the goods specified in column(2) thereof; 2. The manufacturers maintain proper record of the goods manufacture in accordance with the formula referred to in sub-paragraph (i) and produces, on demand, such records and other evidence may be required by the Central Board of revenue to satisfy itself that the imported raw material have been used in accordance with formula: 3. The manufacture goods are exported out of Pakistan and an application for repayment of customs-duties is presented to the proper officer of Customs with in two hundred and ten days of such exportation or of the publication of this notification or with in one hundred and eighty days from the dated of realization of foreign exchange a shown in bank credit advice issued in accordance with the relevant regulations of the State bank of Pakistan in force for the time being, whichever is later: 4. The exporter makes a declaration on the face of the original shipping bill or other export documents to the effect that he would claim repayment of the Customs duties paid on the imported raw materials used in the production or manufacture of the goods being exported; and a.) The repayment of custom duties at the rate specified shall be allowed provided that the goods exported are manufactured with the same constituents of which the rate of repayment is notified and the manufacturer-cum- exporter shall immediately intimate to the collector of customs concerned,

b.) Any change in the prices of the imported raw materials: c.) Any change in the composition of the manufactured goods to be exported ; and d.) Use of any indigenous raw material in place of the imported raw materials. 2.)Repayment of Customs duty authorized by this notification shall only be allowed against showing of documentation of imported PVC compound (cable grade). The following goods produced of or manufactured and exported by M/s Pakistan Cables limited Karachi. TABLE Raw materials Goods produced Period. Extent of imported or manufacture. repayment of custom-duties. 1. 2. 3. 4.

1.electrolytic PVC insulated From 24-07- 10.50% of the copper cathode. cables (general 1999 to 30-06- F.O.B value. 2.PVC compound wiring) (single core 2001. cable grade. to 4 core upto From 01-07- 7.80% of the 10mm sq). 2001 to30-06- F.O.B value. 2002. From 01-07- 12.90% of the 2002 to 23-11- F.O.B value. 2002. 1.Electrolytic 2.PVC insulated From 24-07- 8.85% of the copper cafthode. power cables or 1999to 30-06- F.O.B value. 2.PVC compound aromoured power 2001. cable grade. cables for From 01-07- 5.33% of the 3. Aluminium rod to underground 2001to30-06- F.O.B value. draw aluminium installation or 2002. wire for armouring. power cables From 01-07- 6.62% of the 4.Polypropylene insulated with 2002 to 23-11- F.O.B value. film or tape. cross- linked 2002. 5.polyethylene. polyethylene 6.semiconducting (single core to 4 tape. core over and 7.Semi conducting above 10mmsq). tape. 8.Copper foil or tape. 9.Polypropylene filler yarn. 10.DBTDL(tinstab BL 277). 11.Triganox. 12.VTMOS silaneA-171. 13.Polykote. 14.Steel Wire. 1.Elecrolytic 3.PVC insulated From 24-07- 7.42% of the fob copper cathode. cables (control 1999 to 30-06- value. 2.PVC compound and special 2001. cable grade. cables)(5 core and From 01-07- 5.32% of the above). 2001to 30-06- F.O.B value. 2002. From 01-07- 8.55% of the 2002 to 23-11- F.O.B value. 2002.