Import of Wheat
SRO 642(I)/2020Other
SRO 642(I)/2020 is an Income Tax SRO dated 28 July 2020, listed by FBR as "IMPORT OF WHEAT".
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Page 1
Government of Pakistan
Revenue Division
Federal Board of Revenue
***
Islamabad, the zs" July, 2020.
NOTIFICATION
(Income Tax)
S.R.O. 642(1)/2020.- In exercise of powers conferred under sub-section (2) of
section 53 of the Income Tax Ordinance, 2001 (XLIX of 2001), the Federal
Government is pleased to direct that the following further amendment shall be made
in the Second Schedule to the said Ordinance, namely:-
In the aforesaid Schedule, in Part IV, after clause (12E), the following new
clause shall be added, namely:-
"(12F) The provision of section 148 shall not apply on import of 1.5 million
tons of wheat having PCT Heading 1001.1900 and 1001.9900 in pursuance of
Cabinet Decision in case No.399/23/2020 dated the 16th June, 2020.".
[F.No.1(65)R&S/2020]
(Ch.€.~
Additional Secretary
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