Amendments in SRO 655(I)/2006 dated 22.06.2016

Government of Pakistan Ministry of Finance, Economic Affairs, Statistics and Revenue (Revenue Division) ***** Islamabad, the 29th June, 2016. NOTIFICATION (CUSTOMS) S.R.O. 482(I)/2016.- In exercise of the powers conferred by section 19 of the Customs Act, 1969 (IV of 1969), the Federal Government is pleased to direct that following further amendments shall be made in its notification No. 655(I)/2006 dated 22.06.2006 namely,- In the aforesaid notification,- (a) after condition (xii) a new condition shall be added namely,- “(xii a) in case of violation of any of the conditions of this notification, Engineering Development Board shall either suspend or not revalidate Input Output Ratio Certificate (IORC) for manufacture of components and assemblies, pending removal of cause of suspension or finalization of audit, as the case may be;” and (b) for the Table I the following shall be substituted, namely,- “TABLE S. Raw Sub- Sub- Description of Vehicle Components No. materials components assemblies (1) (2) (3) (4) (5) (6) 1. Agricultural tractors of 1% 1% 1% 1% PCT heading 87.01 2. Road tractors for Semi- 1% 1% 1% 1% trailers (Prime Movers) of 280 HP and above of PCT heading 87.01 3. Road Tractors for semi- 1% 1% 1% 1% trailers(Prime Movers) less than 280 HP of PCT heading 87.01 4. Vehicles of PCT heading 1% 10% 10% 15% 87.02 5. Vehicle of PCT heading 1% 10% 10% 20% 87.03 (except 4-Stroke auto rickshaw PCT heading 8703.2115)

6. 4-Stroke auto rickshaw 1% 10% 10% 20% PCT heading 8703.2115 7. Vehicles of g.v.w. not 1% 10% 10% 15% exceeding 5 tons of PCT heading 87.04 (except 3- Wheeler cargo loader of PCT heading8704.3150) 8. 3- Wheeler cargo loader 1% 10% 10% 20% of PCT heading 8704.3150 9. Vehicles of g.v.w. 1% 10% 10% 15% exceeding 5 tons of PCT heading 87.04 10. Vehicles of PCT heading 1% 10% 10% 20% 87.11(except motorcycle rickshaw of PCT heading 8711.3020) 11. Motorcycle rickshaw of 1% 10% 10% 20% PCT heading 8711.3020 12. Vehicles of PCT heading 1% 5% 10% 10% 87.12 13. Other vehicles 1% 10% 10% 15% Provided that the exemption of customs-duty under this notification on sub- components, components and sub-assemblies of vehicles specified in column (2) of the above Table shall also be admissible for automotive climate control equipment and automotive batteries meant for in-house use or supply to OEMs and assemblers or sale in the open market”. 2. This notification shall take effect on and from the first day of July, 2016. [C. No. 1(5)Tar-III/2016] (Nasir Masroor Ahmed) Additional Secretary