SRO 886(I)/2002
SRO 886(I)/2002Refunds and drawback
SRO 886(I)/2002 is a Customs SRO dated 2 December 2002. FBR lists it without a title.
The text below was extracted automatically from the text layer of the official PDF. Line breaks and table layout may differ from the original, and where FBR scanned the paper and added a machine-read text layer, that layer can contain misread characters. Check the official PDF before relying on any wording or figure.
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GOVERNMENT OF PAKISTAN
(REVENUE DIVISION)
CENTRAL BOARD OF REVENUE
*********
Islamabad, the 2nd December, 2002.
NOTIFICATION
(CUSTOMS)
S.R.O. 886(I)/2002.-In exercise of the powers conferred by clause( c ) of section 21 of the
Customs Act, 1969 (IV of 1969), the Central Board of Revenue is pleased to authorize repayment of
customs-duties to the extent specified in column (4) of the table below paid on the importation of the
raw materials specified in column (1) of the said table and used in the production or manufacture of
the goods specified in column (2) of that table and exported during the period specified in column
(3) thereof, subject to the following conditions, namely:-
(i) The goods have been manufactured according to the formula duly furnished to the
Central Board of Revenue showing the quantity of various imported raw materials
specified in column (1) of the said table and used in the production or manufacture of
the goods specified in column ( 2 ) thereof;
(ii) the manufacturer maintains proper record of the goods manufactured in accordance
with the formula referred to in sub-paragraph (i) and produces, on demand, such
records and other evidence as may be required by Central Board of Revenue to satisfy
itself that the imported raw materials have been used in accordance with the formula;
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(iii) the manufactured goods are exported out of Pakistan and an application for
repayment of customs-duties is presented to the proper officer of Customs within two
hundred and ten days of such exportation of within one hundred and eighty days from
the date of realization of foreign exchange as shown on bank Credit Advice issued in
accordance with Annexure ‘A’ to the State Bank of Pakistan Circular No. 64. dated
the 25th August, 1993 or of the publication of this notification, whichever is later.
(iv) the exporter makes a declaration on the face of the original shipping bill or other
export documents is the effect that he would claim repayment of the customs-duties
paid on the imported raw material; used in the production or manufacture of the
goods being exported: and
(v) the repayment of customs-duties at the rate specified shall be allowed provided that
the goods exported are manufactured with the same constituents on which the rate of
repayment is notified and the same constituents on which the rate of repayment is
notified and the manufacturer-cum-exporter shall immediately intimate to the
Collector of Customs (Exports). Custom House, Karachi, or concerned Collector of
Customs and central Excise-
a. any change in the prices of the imported raw materials;
b. any change in the composition of the manufactured goods to be exported; and
c. use of any indigenous raw material in place of the imported raw material
TABLE
Raw materials Goods produced or Period Extent of repayment
manufactured
Customs-duties
(1) (2) (3)
The following goods produced or manufactured by M/S. SAB Polymer Industries (Pvt.) Ltd.,
Lahore:-
1. Polypropylene 1. Disposable syringe From 16.04.2001 Re.0.13 per syringe.
(medical grade). Blister pack 3cc. To 30.06.2001.
2. PVC (medical
grade) for gaskets.
3. ETO gas. From 01.07.2001 Re.0.11 per syringe.
4. Printing ink. To 02.12.2002.
5. Silicone oil for
syringe. 2. Disposable syringe From 16.04.2001 Re.0.15 per syringe.
6. Medical paper. Blister pack 5cc. To 30.06.2001.
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7. Plastic film.
8. Cannula 21g From 01.07.2001 Re.0.14 per syringe.
(needle). To 02.12.2002.
9. Epoxy.
10. Silicone
compound oil for 3. Disposable syringe From 12.03.2001 Re.0.22 per syringe.
needle. Blister pack 10cc. To 30.06.2001.
11. Geneslove 2000.
12. Pigment. From 01.07.2001 Re.0.20 per syringe.
to. 02.12.2002.
1. Polyproplyene 4. Disposable syringe From 16.04.2001 Re.0.11 per syringe.
(medical grade). Poly pack 3cc. to 30.06.2001
2. PVC (medical
grade )for gaskets. From 01.07.2001 Re.0.10 per syringe.
3. ETO gas. to 02.12.2002.
4. Printing ink.
5. Silicone oil for
syringe. 5. Disposable syringe From 16.04.2001 Re.0.14 per syringe.
6. Medical paper. Poly pack 5cc. To 30.06.2001.
7. Plastic film
8. Cannula 21G From 01.07.2001 Re.0.13 per syringe.
(needle). to 30.06.2002.
9. Epoxy.
10. Silicone From 01.07.2002 Re.0.12 per syringe.
Compound oil for to 02.12.2002.
needle.
11. Geneslove 2000.
12. Pigmnt. 6. Disposable syringe From 12.03.2001 Re.0.19 per syringe.
13. Polyethylene poly pack 10cc. To 30.06.2001.
(poly pack).
From 01.07.2001 Re.0.18 per syringe.
to 02.12.2002.
[C.No.3(26)DDS/2001.]
(Muhammad Nadir Khan Hoti)
Chief (Duty Drawback System)
(49)
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