Repayment of Customs-duties and Refund of Sales Tax on Export of Certain Threads

REPAYMENT OF CUSTOMS-DUTIES AND REFUND OF SALES TAX EXPORT OF CERTAIN THREADS Notification No. S.R.O. 165(I)/80, dated 9th February, 1980.--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 the section 27 of the Sales Tax Act, 1951 (III of 1951), and in supersession of all its previous Notifications and Orders on the subject, the Central Board Of Revenue is pleased to authorise repayment of custom-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; 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of goods being exported; in case the exporter has already received repayment of customs-duties and sales tax under any superseded Notification or Order, he shall be entitled only to get repayment of the difference of the amount to be repaid under this Notification and the Notification or Order under which he has received the repayment. 5TABLE Raw materials imported | Goods produced or manufactured | Extent of repayment of customs-duties | Extent of refund of sales tax (1) | (2) | (3) | (4) 1. Caustic soda | Dyed cotton sewing and embroidery thread and processed yarn in hanks or cones. | 5.00% of the f.o.b. value. | 0.40% of the f.o.b. value. 2. Dyes 3. Duplex board 4. Cellophane paper 1. Caustic soda. | Bleached white embroidery thread, sewing thread, grey mercerised thread and processed yarn in in hanks or cones. | 3% of the f.o.b value. | 0.55% of the f.o.b. value. 2. Duplex board 3. Cellophane paper 2. The repayment authorised by this Notification shall be admissible in respect of the goods exported on or after the 28th June, 1979. 5. Table substituted Notification No. S.R.O 659(I)/83, dated 23rd June, 1983, reported as PTCL 1983 St. 756.