Exemption from Customs Duty and Sales Tax on Import of Such Raw Materials As Are Not Manufactured in
SRO 198(I)/89Exemptions and concessions
SRO 198(I)/89 is a Sales Tax SRO dated 3 April 1989, listed by FBR as "EXEMPTION FROM CUSTOMS DUTY AND SALES TAX ON IMPORT OF SUCH RAW MATERIALS AS ARE NOT MANUFACTURED IN".
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EXEMPTION FROM CUSTOMS DUTY AND SALES TAX ON IMPORT OF SUCH RAW MATERIALS AS ARE NOT MANUFACTURED IN PAKISTAN AND ARE IMPORTED BY A RECOGNIZED MANUFACTURER FOR THE MANUFACTURE OF TEXTILE MACHINERY
1Notification No. S.R.O. 198(I)/89, dated 4th March, 1989.--In exercise of the power conferred by section 19 of the Customs Act, 1969 (IV of 1969), and sub-section (1) of section 7 of the Sales Tax Act, 1951 (III of 1951), the Federal Government is pleased to exempt from the whole of customs duty and sales tax leviable thereon such raw materials as are not manufactured in Pakistan and are imported by a recognized manufacturer for the manufacture of textile machinery; provided that the manufacturer shall:-
fulfill the conditions laid down in the Ministry's Notification No. S.R.O.600(I)/83, dated the 11th June, 1983; and
furnish to the Collector of Customs a bank or insurance guarantee equivalent to the customs duty and sales tax leviable on each consignment or a standing bank guarantee or insurance guarantee for covering multiple consignments subject to the satisfaction of Collector of Customs.
1. Reported as PTCL 1989 St.669(i)
Related Sales Tax SROs on exemptions and concessions
- SRO 517(I)/893 June 1989Exemption from Customs Duty and Sales Tax on Import of Such Materials and Components As Are Imported
- SRO 515(I)/893 June 1989Exemption from Customs Duty and Sales Tax on Import of Such Plant and Machinery for Setting Up of in
- SRO 510(I)/893 June 1989Exemption from Customs Duty and Sales Tax on Import of Such Raw Materials and Components by Unit of
- SRO 306(I)/894 May 1989Exemption from Sales Tax on Goods Re-imported Upto the Cost of Exported Value
- SRO 306(I)/895 April 1989Exempt Goods Not Produced or Manufactured in Pakistan Which, Prior to ir Re-Import Into Pakistan
- SRO 505(I)/896 March 1989Exemption from Customs Duty in Excess of 25% and Whole of the Sales Tax on the Import of Television