Exempt Goods Not Produced or Manufactured in Pakistan Which, Prior to ir Re-Import Into Pakistan

GOVERNMENT OF PAKISTAN MINISTRY OF FINANCE NOTIFICATION Islamabad, the 5th April, 1989 SALES TAX S.R.O. 306(I)/89.- In exercise of the powers conferred by sub sections (1) and (2) of section 7 of the Sales Tax Act, 1951 (III of 1951), the Federal Government is pleased to exempt the goods not produced or manufactured in Pakistan which, prior to their re-import into Pakistan, have been exported therefrom, from the whole of the sales tax leviable thereon, if the goods have not undergone any process outside Pakistan since their exportation and, in the case of goods in which any alterations, renovations, additions or repairs have been carried out subsequent to their export, from so much of the sales tax leviable thereon as is in excess of the sales tax which would have been leviable if the value of the goods were equal to the cost of such alterations, renovations, additions or repairs: Provided that :- (i) the goods are identified to the satisfaction of the Collector of Customs; (ii) no rebate or drawback of sales tax was paid at the time of their export; (iii) the ownership of the goods has not changed between the time of export and re-import; and (iv) not more than two years have elapsed since the goods were exported. [C. No. 1(71) TAR.II/88-Main.] MUZAFFAR MAHMOOD QURASHI Additional Secretary