SRO 382(I)/2000

GOVERNMENT OF PAKISTAN REVENUE DIVISION CENTRAL BOARD OF REVENUE ***** Islamabad, the 17th June, 2000. NOTIFICATION (CUSTOMS/CENTRAL EXCISE) S.R.O. 382 (I)/2000.- In exercise of the powers conferred by clause (c) of section 219 of the Customs Act, 1969 (IV of 1969) and section 37 of the Central Excise Act 1944 (I of 1994), the Central Board of Revenue is pleased to direct that in the Duty Drawback (Claim Payment) Rules 1998, the following amendment shall be made and shall be deemed always to have been so made, namely:- In the aforesaid Rules, in the rule 4 after sub rule (3) the new sub rule shall be added:- (4) "Notwithstanding anything contained in sub rules (I), (2) and (3), if the exporter so opts, 70% of the sanctioned amount shall be paid within twenty-four hours subject to submission of complete claim documents as defined in clause (b) of rule 2 of the rules and the rest 30% shall be paid within thirty days after thorough scrutiny and verification". [C.No.3(125)Rebate/98] ( Khalid Mahmood ) Chief (Duty Drawback System)