Amendment in notification no. 655(I)/2007

GOVERNMENT OF PAKISTAN MINISTRY OF FINANCE, ECONOMIC AFFAIRS, STATISTICS AND REVENUE (REVENUE DIVISION) *** Islamabad, the 27th April, 2010 NOTIFICATION (FEDERAL EXCISE) S.R.O.281(I)/2010.- In exercise of the powers conferred by section 3A and sub- section (2) of section 16 of the Federal Excise Act, 2005, the Federal Government is pleased to direct that in its Notification S.R.O. No.655(I)/2007, dated the 29th June, 2007, the following further amendment shall be made and shall be deemed always to have been so made, namely:- In the aforesaid Notification, in the Table, in column (1), after serial number 39 and the entries relating thereto in columns (2) and (3), the following new serial number and the entries relating thereto shall be added, namely:- “40. Pesticides 3808.9160, 3808.9199” 2. In paragraph 2, in condition (iv), the word “and”, at the end, shall be omitted and in condition (v), for the full stop, at the end, the semicolon and word “;and” shall be substituted and thereafter the following shall be added, namely:- “(vi) 1% SED already charged to buyers on local supply of pesticides, specified under S.No.40 of the Table on or after 29th June, 2007, shall be refunded only, if the incidence of tax is not passed to the consumer in terms of section 11 of the Federal Excise Act, 2005.”. [C.No.1(3)-FED/2007] (Mehmood Alam) Additional Secretary