Extension in warehousing period and waiver of panel surcharge on overstayed warehoused goods
SRO 522(I)/2012Exemptions and concessions
SRO 522(I)/2012 is a Customs SRO dated 21 May 2012, listed by FBR as "Extension in warehousing period and waiver of panel surcharge on overstayed warehoused goods".
The text below was extracted automatically from the official Word file. Line breaks and table layout may differ from the original. Check the official file before relying on any wording or figure.
GOVERNMENT OF PAKISTAN
MINISTRY OF FINANCE, ECONOMIC AFFAIRS, STATISTICS AND REVENUE
(REVENUE DIVISION)
****
Islamabad, the 21st May, 2012.
NOTIFICATION
(CUSTOMS)
S.R.O.522(I)/2012.- In exercise of the powers conferred by sub-sections (2) and (3) of section 98 of the Customs Act, 1969 (IV of 1969), the Federal Government is pleased to-
(a) extend up to the 15th June, 2012 the period for which warehoused goods may remain in the warehouse; and
(b) remit penal surcharge in the case of goods which are cleared from the warehouse within the period starting on the 21st May, 2012 and ending on the 15th June, 2012:
Provided that this notification shall not apply to the goods which have since been abandoned or auctioned under the rules.
_________________________________________________________________
[C. No.17(I)8/L&P/2001-pt]
(Riffat Shaheen Qazi)
Additional Secretary
Which later SROs refer to this one?
SROs whose FBR title names SRO 522(I)/2012, usually to amend or rescind it.
- SRO 751(I)/201220 June 2012Amendment in notification no S.R.O 522(I)/2012, dated the 21st May, 2012.
Related Customs SROs on exemptions and concessions
- SRO 222(I)/201315 March 2013Amendment in S.R.O 575(I)/2006 for concessionary import for Thar Coal Field.
- SRO 607(I)/20122 June 2012Exemption from Customs duty/sales tax/Income Tax on import of Hybrid Electric Vehicles (HEV)
- SRO 667(I)/201129 June 2011Amnesty SRO-646(I)/2011 amended
- SRO 664(I)/201129 June 2011Amnesty SRO-646(I)/2011 Amended
- SRO 646(I)/201125 June 2011Federal Government is pleased to remit whole amount of penalties and surcharge under section 202A.
- SRO 595/201110 June 2011FBR Extends Warehousing Period and Waiver off Penal Surcharge on overstayed Warehoused goods.