Exemption on specified raw material for manufacture of pharmaceuticals
SRO 211(I)/2002Exemptions and concessions
SRO 211(I)/2002 is a Sales Tax SRO dated 6 April 2002, listed by FBR as "Exemption on specified raw material for manufacture of pharmaceuticals".
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GOVERNMENT OF PAKISTAN
MINISTRY OF FINANCE, ECONOMIC AFFAIRS,
STATISTICS & REVENUE
REVENUE DIVISION
***
Amended vide SRO 475(I)/2002 dated 30th July, 2002
Islamabad, the 6th April, 2002.
NOTIFICATION
(SALES TAX)
S.R.O. 211(I)/2002. In exercise of the powers conferred under clause (a) of sub-section (2) of section 13 of the Sales Tax Act, 1990, the Federal Government is pleased to exempt raw materials for the basic manufacture of pharmaceutical active ingredients and for manufacture of pharmaceutical products from the whole of sales tax leviable thereon;
Provided that where such raw materials are imported then only those raw materials shall be entitled to exemption under this notification if they are :
(a) specified in Notification No. S.R.O. 372(I)/2002, dated the 15th June, 2002; or
(b) liable to customs-duty not exceeding ten per cent ad valorem in the First Schedule to the Customs Act, 1969,
subject to the same conditions as are stipulated in the Notification specified in clause (a).
2. This notification shall take effect from the 21st March, 2002.
[C.No.1/8-STT/2002]
( Falak Sher )
Additional Secretary
Which later SROs refer to this one?
SROs whose FBR title names SRO 211(I)/2002, usually to amend or rescind it.
- SRO 475(I)/200230 July 2002Amendment in SRO 211(I)/2002 dated 6th April, 2002
Related Sales Tax SROs on exemptions and concessions
- SRO 555(I)/200223 August 2002Exemption of specified drugs from whole of sales tax
- SRO 343(I)/200215 June 2002zero rate of goods exempted under section 13 by manufacturer
- SRO 342(I)/200215 June 2002Zero-rating available to supplies of locally manufactured plant& machinery subject to specifications
- SRO 208(I)/20025 April 2002Exemption of drugs under the Drugs Act, 1976 (XXXI of 1976) (as specified) from the whole Sales Tax
- SRO 207(I)/20025 April 2002Exemption of Sales Tax Chargeable on the Import and Supply of Ships and all Floating Crafts etc.
- SRO 202(I)/20024 April 2002Exemption from Further Tax chargeable under sub-section (1A) of section 3