Authorization of repayment of tax to a specified extent

GOVERNMENT OF PAKISTAN MINISTRY OF FINANCE, ECONOMIC AFFAIRS STATISTICS AND REVENUE (REVENUE DIVISION) ***** Amended vide SRO SRO 326(I)/2002 Rescinded vide SRO SRO 345(I)/2002 Islamabad, the 15th May, 2002 NOTIFICATION (SALES TAX) S.R.O.267 (I)/2002.- In exercise of the power conferred by section 61 of the Sales Tax Act, 1990, the Central Board of Revenue is pleased to authorize repayment of tax to the extent specified in column (3) of the table below, paid on the raw materials specified in column (1) of the said table and used in the production or manufacture of goods specified in column (2) thereof, subject to the following conditions, namely:- a) the goods have been manufactured according to the formula duly furnished to the Central Board of Revenue showing the quantity of various raw material specified in column (1) of the said table and used in the production or manufacture of the goods specified on column (2) thereof; b) the manufacture maintains proper record of raw materials purchased on payment of sales tax and the goods manufactured in accordance with the formula referred to in sub paragraph (i) and produces, on demands, such records and other evidence as may be required by the Central Board of Revenue to satisfy itself that the imported raw materials cleared from customs control or purchased locally of the sales tax have been used in accordance with the formula; c) the manufactured goods are exported out of Pakistan and an application for repayment of sales tax is presented to the proper officer of Customs within two hundred and ten days of such exportation or of the publication of this notification whichever is later; d) the exporter makers a declaration on the face of the original shipping bill or other export documents to the effect that he would claim repayment of sales tax paid on raw materials used in the production or manufacture of the goods being exported; e) the payment of sales tax at the rate specified shall allowed provided that the goods exported are manufactured with the same constituents on which the rate of repayment is notified and the manufacturer-cum-exporter shall immediately intimated to the Central Board of Revenue:- (i) any change in the price of the raw materials; (ii) any change in the composition of the manufactures goods to be exported; and (iii) use of any raw material in place of the sales tax paid raw materials; f) the goods are exported in accordance with the Export Policy Procedures Order, 2000; and g) the exporter or manufacturer has not claimed any adjustment of input tax paid on the raw materials against the output tax payable at the time of manufacturing of any finished product and the applicant produces a certificate to that effect issued by the Assistant Collector (Sales Tax) in whose jurisdiction the subject goods were manufactured. TABLE Raw materials Imported/consumed | Goods produced or manufactured | Extent of repayment of sales tax per metric ton (1) | (2) | (3) 1. RBD palm oil/ RBD 1. Vegetable Ghee Rs. 4000 Palm olein/Soya beab oil/or mixture of these oils 2. BP flavour 3. Vitamin AD 3 4. Nickel caralyst 5. Sodium methyate 6. Bleaching earth 7. Caustic Soda 8. Sea salt 9. Sulphonic acid 10. Phosporic acid 1. Sun Flower oil/Canola oil/ Cooking oil Rs. 130 Corn oil/Cottonseed oil 2. BP flavour 3. Vitamin AD 3 4. Bleaching earth 5. Caustic Soda 6. Sea salt 7. Sulphonic acid 8. Citric acid 9. Phosphoric acid 10. TBHQ Food Grade Chemical (Antioxdant) 2. The repayment of sales tax under this notification shall be admissible on export to Afghanistan or to any other country through land route subject to the condition that the packages or retail packing shall prominently and indelibly be marked with the expression “For Export Only”, and in case of international donor agencies “For Export only - supply for aid to Afghanistan” (Insignia of the organization) - not for sale in Pakistan. 3. This notification shall take effect from 17th January, 2002. _____________________________________________________________________ [File No.2(4)STP/99(Pt)] (FALAK SHER) Member (Sales Tax)