Federal Board of Revenue is pleased to direct that the following amendment made in Notification No. S.R.O.308(I)/2008, dated the 24th March, 2008,

Government of Pakistan Revenue Division Federal Board of Revenue (Indirect Tax Policy) *** Islamabad, the 6th May, 2010 NOTIFICATION (Sales Tax) S.R.O.317(I)/2010.--- In exercise of the powers conferred by section 61 of the Sales Tax Act, 1990, the Federal Board of Revenue is pleased to direct that the following amendment shall be made in its Notification No. S.R.O.308(I)/2008, dated the 24th March, 2008, namely:- In the aforesaid Notification, for the Table, the following shall be substituted, namely:- “TABLE S.No. Description Repayment-cum-Drawback rate (1) (2) (3) (4) For export made For export made against invoices against invoices issued upto the 30th of issued from the 1st June, 2008 July, 2008 1. Ingots or billets other Rs.4,100 Rs.5,526 than imported or of per metric ton per metric ton Pakistan Steel Mills or Peoples Steel Mills 2 Mild steel re-rolled Rs.4,717 Rs.5,960 products manufactured per metric ton per metric ton from ingots and billets other than imported or Pakistan Steel Mills or of People Steel Mills 3 Mild steel re-rolled Rs.5,460 Rs.7,308 products manufactured per metric ton per metric ton”. from imported billets or billets of Pakistan Steel Mills or People Steel Mills [C.No.1(37)STT/03-Pt] (Fahad Ali Chaudhary) Second Secretary Tariff (ST&FE)