Exemption of Sales Tax on Import of 500,000 MT on White Sugar
SRO 215(I)/2021Exemptions and concessions
SRO 215(I)/2021 is a Sales Tax SRO dated 19 February 2021, listed by FBR as "Exemption of Sales Tax on Import of 500,000 MT on White Sugar".
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GOVERNMENT OF PAKISTAN
MINISTRY OF FINANCE, ECONOMIC AFFAIRS,
STATISTICS AND REVENUE
(REVENUE DIVISION)
$
Islamabad, the 19th February, 2021.
NOTIFICATION
(SALES TAX)
S.R.O. 215(I)/2021.- In exercise of the powers conferred by clause (a) of sub-section (2)
of section 13 of the Sales Tax Act, 1990, the Federal Government, as per its decision in Case No.
90/04/2021, dated the 26th January, 2021, is pleased to exempt-
(i) the whole of sales tax at the rate of seventeen percent and minimum value added
tax (VAT) at the rate of three percent as specified under the Twelfth Schedule to
the Sales Tax Act, 1990, on import and subsequent supply of 500,000 metric tons
of white sugar by Trading Corporation Pakistan during the current season; and
(ii) minimum value added tax (VAT) at the rate of three percent as specified under the
Twelfth Schedule to the Sales Tax Act, 1990, in respect of commercial import of
white sugar till the 30th day of June, 2021.
[C. No. l(3)STM/2004 (Pt-IIDl
(Ch. Muhammad Tarique)
Additional Secretary
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- SRO 590(I)/202125 May 2021Exempt the import of Oxygen gas, Cylinder, Cryogenic Tanks for Oxygen Gas from the whole of Sales Tax
- SRO 136(I)/20213 February 2021Exemption to import of Fifty Two Fire Fighting vehicles
- SRO 97(I)/202126 January 2021Exempt the import of cryogenic tanks (for oxygen gas)
- SRO 1257(I)/202025 November 2020Exemption from Sales Tax on Medical and Testing Equipment regarding Covid-19
- SRO 1038(I)/202012 October 2020Exemption of Sales Tax on local supply of sugar