The fiscal relief package to rehabilitate the economic life in NWFP, FATA/PATA announced by the Federal Government on 07.01.2010, incentives relating to sales tax and federal excise.

GOVERNMENT OF PAKISTAN MINISTRY OF FINANCE, ECONOMIC AFFAIRS, STATISTICS AND REVENUE (REVENUE DIVISION) *** Islamabad, the 10th March, 2010. NOTIFICATION (CENTRAL EXCISE) S.R.O. 161(I)/2010.- In exercise of the powers conferred by sub-section (1) of section 12A of the Central Excises Act, 1944 (I of 1944), the Federal Government is pleased to exempt whole of the amount of additional duties and penalties payable by a registered person located in Agencies of Bajaur, Mohmand, Khyber, Orakzai, Kurrum, North Waziristan and South Waziristan against whom an amount of central excise duty is outstanding on account of any audit observation, audit report, show cause notice or any adjudication order or who has failed to pay any amount of central excise duty or claimed inadmissible refund or drawback due to any reason, subject to the condition that the outstanding principal amount of central excise duty is paid by or before the 30th June, 2010. Provided that exemption of additional duties and penalties under this notification shall not be applicable to cement, sugar, beverages and cigarette sectors. [C. No. 1(23)CEB/91] (Mahmood Alam) Additional Secretary