Amendment in S.R.O. 656(I)/2006, dated the 22nd June, 2006

GOVERNMENT OF PAKISTAN MINISTRY OF FINANCE, REVENUE AND ECONOMIC AFFAIRS (REVENUE DIVISION) *** Islamabad, the 18th September, 2006. NOTIFICATION (CUSTOMS) S.R.O. 990(I)/2006. - 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 the following amendments shall be made in its Notification No. S.R.O. 656(I)/2006, dated the 22nd June, 2006, namely:- In the aforesaid Notification,- (a) in condition (ix), the word “and” shall be omitted; (b) in condition (x), for the full stop at the end, the semicolon and word “;and” shall be substituted and thereafter the following new condition shall be added, namely:- “(xi). the manufacturer-cum-assembler of automotive vehicles enumerated at serial No. 6 of the Table shall sell the said vehicles to an NTN holder only and the record of the same shall be furnished to CBR or to any other designated person on monthly basis”; and (c) in the Table,- (i) against Sr.No.7 in column (1), in column (2), the figure “20%” shall be omitted; (ii) against Sr.No.8 in column (1), in column (2), the figure “10%” shall be omitted; and (iii) after Sr.No.10 in column (1) and the entries relating thereto in columns (2), (3) and (4), the following new serial numbers and the entries relating thereto shall be added, namely:- “11. | Assembly kits of all the above categories corresponding to the number of their exported units subject to the following conditions, namely:- | -- | 0%”. (i) | no duty drawback was claimed at the time of export; (ii) | the imported kits relate to the vehicle of same engine capacity as were exported; and (iii) | the importer makes a declaration in the bill of entry or goods declaration at the time of import that he intends to avail this facility and produces the following evidence of export, namely:- (a) a copy of the bill of export or goods declaration bearing examination report of customs; (b) bill of lading; and (c) foreign exchange repatriation certificate. [C.No. 2/4/I.I. Tar.III/05-Pt). (SALMAN NABI) ADDITIONAL SECRETARY