Repayment of Customs-duties and Refund of Sales Tax on Export of Artificial Leather

REPAYMENT OF CUSTOMS DUTY AND REFUND OF SALES TAX ON EXPORT OF ARTIFICIAL LEATHER 63Notification No. S.R.O. 1168(I)/83, dated 21st December, 1983.-- In exercise of the powers conferred by clause (c) of section 21 of the Customs Act, 1969 (IV of 1969), and sub-section (2-A) of section 27 of the Sales Tax Act, 1951 (III of 1951), and in supersession of l its Notification No. S.R.O. 365(I)/81, dated the 25th April, 1981, and S.R.O. 541(I)/81, dated the 7th June, 1981, the Central Board of Revenue the Central Board of Revenue is pleased to authorise repayment of customs-duties and refund of sales tax to the extent specified in columns (3) and (4), respectively of the table below paid on the importation of the raw materials specified in column (1) of the said table and used in the production or manufacture of the goods specified in column (2) thereof, subject to the following conditions, namely:- The manufactured goods are exported out of Pakistan and an application for repayment of customs-duties and refund of sales tax is presented to the proper officer of customs within one hundred and twenty days of such exportation or of the publication of this Notification, whichever is the later; and the exporter makes a declaration on the reverse of the original shipping bill or other export documents to the effect that he would claim repayment of the customs-duties and refund of sales tax paid on the imported raw materials used in the production of goods being exported. TABLE Raw materials imported | Goods produced or manufactured | Extent of repayment of customs-duties | Extent of refund of sales tax (1) | (2) | (3) | (4) 1. P.V.C resins. | Artificial leather (rexine). | 18.76% of the f.o.b. value. | 4.00% of the f.o.b. value. 2. Plasticizer D.O.P. +3. Stabilizer. 4. Calcium corbonate. (Filter) 5. Pigments. 63. Reported as PTCL 1984 St. 179.