SRO 9360(I)/2001

GOVERNMENT OF PAKISTAN MINISTRY OF FINANCE, ECONOMIC AFFAIRS, STATISTICS AND REVENUE (REVENUE DIVISION) **** Islamabad, the 8th January, 2001 N O T I F I C A T I O N (CUSTOMS) Temp SRO. No. 9360(I)/2001 S.R.O.________(I)/2001: - In exercise of the powers conferred by section 219 of the Custom Act, 1969 (IV of 1969). the Central Board of Revenue is pleased to make the following rules, namely:- 1. Short title and Commencement:- (1) These rules may be called the Deferment of Import Duty (on Newsprint) Rules,2001. (2) They shall come into force at once. 2. Definitions:In these rules, unless there is anything repugnant in the subject or context; (a) “Act” means the Custom Act, 1969 (IV of 1969). (b) “deferred amount” means the amount of Customs-duty payment whereof has been deferred. (c) “duty means duty leviable under the First Schedule to the Act; and (d) “Importer” means an importer of newspaper. 3. Extent of deferment:- The duty payable by an importer shall be deferred on the conditions, and in the manner, laid down in these rules. 4. Period of deferment:- The importer shall pay the deferred amount in lump sum after a period of twelve months. 5. Procedure for deferment:- (1) A request for deferment of duty shall be made by the importer on the Bill of Entry for home consumption and submitted to the concerned import section for manifestation. (2) The importer shall furnish an undertaking on a stamped non-judicial paper in the form as set out in Annex-I to these rules. (3) The deferment of duty under these rules shall be allowed only to an importer of newspapers as specified in Annex-II to these rules. (4) Additional duty at the rate of 1.5 per cent per month shall be charged and colloected for the period of deferment. 6. Recovery of deferred amount :- If the importer fails to make payment of the deferred amount or the additional duty payable by him, the same shall be recovered in accordance with section 202 of the Act.

7. Settlement of disputes:- All disputes pertaining to these rules shall be decided by the Collector of Customs, in accordance with the provisions of the Act. 8. These rules shall stand expired on the 30th June, 2001 Annex-I [See rules 5(2)] (On appropriately stamped non -judicial paper) UNDERTAKING The Collector of Customs, Custom House………….. WHEREAS ………………………………… M/s ………………………………….. having its registered office at ………………………………..(hereinafter referred to as the importer) have imported Newsprint vide Bill of Entry ………………….. on which an amount of Rs……………. (Rs ……………………..) has been levied as customs-duty payable by the importer; AND WHEREAS in accordance with procedure of deferred payment of duty laid down in the Deferment of Import Duty (on Newsprint) Rules, 2001, the leviable duty has been deferred for a period of twelve months. NOW, THEREFORE, we Messrs ……………………………..UNDERTAKE as follows :- (1) that the importer shall pay the deferred amount of Rs ……………………. (Rupees ………………………….) in lump sum after 12 months from the date of manifestation of Bill of Entry and shall also pay the additional duty due on the said deferred amount at the rate of 1.5% per month along with the principal amount: and (2) that the importer shall pay to you all money due from him promptly and fully, it being understood and agreed by us that any money having become payable by the importer and not paid shall be recoverable from the importer under the provisions of section 202 of the Customs Act, 1969, at the cost of risk of the importer, without prejudice to any right of the Federal Government to recover it and that no delay on your part in recovering any money due from the importer shall deprive you of your right. IN WITNESS WHEREOF I/we, Mr ………………………and Mr………………………have caused this undertaking to be signed and sealed by and in the presence of our authorized representatives on this ………… day of ………….. 2001. 1 ………………………………… 2 ……………………………….. Witnesses: 1 …………………………… 2 …………………………… (Name, full address and stamp of the gazette officer seal of the Court)

[See rules 5 (3)] NEWSPRINT IMPORT INFORMATION S.NO Name of publications. Name of importer of newspaper Import Registration Certificate (1) (2) (3) (4) 1. Aghaz daily Karachi. Aghaz Publication (Pvt) Ltd. 13386 2. Business Recorder. Emmayzed Publication (Pvt) Ltd. 12241 3. Business Report Faisalabad Business Report daily 10140 4. Dawn/Star/Herald/Star/Spider. Pakistan Herald Publications (Pvt) Ltd W092780 5. Jang Group. Independent Newspapers Corporation Ltd W091541 6. Jasoosi Digest Jasoosi Digest, Karachi. W091643 7. Jurrat Daily, Karachi. Jurrat Group of Newspapers. 10610 8. Kawish Daily, Hyderabad. Kawish Daily. W139799 9. Khabrain Daily. Liberty Papers Ltd. W150924 10. Khawateen Digest Monthly. Khawateen Digest. W093347 11. Mashriq Daily. Quetta. The Mashriq Employees Management(Pvt)Ltd P506565 12. Nawa - e- Waqt Daily. Nida e Millat (Pvt) Ltd. W15791 13. Nigar Weekly, Karachi. Nigar Weekly W02447 14. Pakistan Daily. Pakistan Daily. 11118 15. Qaumi Akhbar Daily. Qaumi Akbbar Daily, Karachi. W485414 16. Umat Daily Karachi. Umat Daily. 7785 17. Yalghar Daily, Lahore. Yalghar Daily. 15819 18. Adventure/Myestry Magazine. Satrang Digest. W094190 19. Jurat Lahore/Rawalpindi. Daily Jurrat. 15814 20. Tijarat Lhr/Rwp/Sargodha/Qta Daily Tijarat. W128164 21. Awami Awaz Daily, Karachi. Marvi Publications. [C. No.3(28) Tar.I/86] (DR. JAWWAD UWAIS AGHA) Secretary (Cus.Tariff)