Amendment In Notification No. S.R.O 678(I)/2004 dated the 7th August, 2004 relating to E&P sector.

GOVERNMENT OF PAKISTAN MINISTRY OF FINANCE, REVENUE AND ECONOMIC AFFAIRS (REVENUE DIVISION) *** Islamabad, the 30th June, 2015. NOTIFICATION (CUSTOMS/SALES TAX) S.R.O. 610(I)/2015. - In exercise of the powers conferred by section 19 of the Customs Act, 1969 (IV of 1969) and clause (a) of sub-section (2) of section 13 of the Sales Tax Act, 1990, the Federal Government is pleased to direct that the following further amendments shall be made in its Notification No. S.R.O. 678(I)/2004, dated the 7th August, 2004, namely:- In the aforesaid Notification, - (a) in clause (1),- (a) the words, brackets and figures “picks-ups (4x4)” shall be omitted; and (b) the comma and words “, sub-contractors” shall be omitted; (b) in clause (3), the comma and words “,sub-contractors” shall be omitted; (c) under the heading “CONDITIONS WITH REFERENCE TO CLAUSES (1), (2) AND (2a),”- (i) in clause (i), the comma and words “,sub-contractors”, shall be omitted; (ii) in condition (vii),- (A) the comma and words “ and sub-contractors”, occurring for the first time, shall be omitted; (B) for the word “two” the word “five” shall be substituted; (C) after the word and full stop “contract.”, the following shall be added, namely:- “The concerned Collector shall allow extension for a further period, as deemed appropriate, on payment of one percent surcharge for each year on C & F value of the goods for which extension has been sought.”; and

(D) the words “or sub-contractors”, occurring for the second time, shall be omitted; and (d) in Explanation 3 at the end, the expression “4x4 single or double cabin pickup” shall be omitted. [C.No. 1/2/Tariff-II/2015] (Nisar Muhammad) Additional Secretary