Exemption from Customs Duty and Sales Tax on Certain Raw Materials Imported by the Recognized Manufa

EXEMPTION FROM CUSTOMS DUTY AND SALES TAX ON CERTAIN RAW MATERIALS IMPORTED BY THE RECOGNIZED MANUFACTURERS OF DISPOSABLE SYRINGES, NEEDLES AND INFUSION GIVING SETS Notification No. S.R.O. 457(I)/88, dated 26th June, 1988.--In exercise of the power conferred by section 19 of the Customs Act, 1969 (IV of 1969), and sub-section (1) of section 7 of the Sales Tax Act, 1951 (III of 1951), the Federal Government is pleased to exempt, such raw materials as are specified in column (3) of the table below failing under heading/ sub-heading Nos. of the First Schedule to the Customs Act, 1969 (IV of 1969) specified in the articles specified in column (2) of that table, from the whole of customs-duties and the sales tax leviable thereon, subject to the following conditions, namely;--- the manufacturer shall have suitable in-house facilities to manufacture the articles in respect of which he claims exemption under this Notification. the manufacturer shall furnish to the Chief Survey and Rebate or any other officer authorized by the Central Board of Revenue in this behalf in the prescribed form the list of articles that he is manufacturing or intends to manufacture along with the details of raw materials required and the Chief Survey and Rebate, or such authorized officer in consultation with the Collector of Customs or the concerned Government Department will certify the annual capacity of the unit for the manufacture of various articles and the total annual requirement of various types of raw materials along with the quantity required for the manufacture of each article; at the time of import of components the manufacturer shall make a written declaration on each copy of the bill of entry to the effect that the raw materials have been imported in accordance with his entitlement in terms of condition (ii) above; the manufacturer, shall furnish to the Collector of Customs a bank guarantee or insurance guarantee equivalent to the customs duties and sales tax leviable on each consignment or a standing bank guarantee or insurance guarantee for covering multiple consignments subject to the satisfaction of the Collector of Customs. the manufacturer shall maintain record of the raw materials and components and the items manufactured out of them in such form as may be prescribed by the Central Board of Revenue; the manufacturer shall, within one year of the date of importation of the components, apply to the Collector of Customs for discharging the bank guarantee or insurance guarantee, the application being supported by a certificate in the Form-I set out below issued by the Assistant Collector, Central Excise and Customs, within whose jurisdiction the manufacturing unit is located; and the manufacturer shall maintain in Form-II set out below a record of sale of the items manufactured under this notification and shall produce, on demand, such record and other evidence of sale, as may be required for inspection by an officer of Customs not below the rank of Assistant Collector of Customs authorized by the Collector of Customs in whose jurisdiction the manufacturing unit is located or any other officer authorized by the Central Board of Revenue on this behalf. TABLE S.No. | Articles | Description of the raw materials | Heading/subheading Nos. (1) | (2) | (3) | (4) 1 | Disposable, syringes and needles, industry | Oxirane (Ethylene oxide gas). Rubber gaskets. Stainless Steel tubing. Stainless steel tube fitting 10[PVC gaskets Non-toxic tubular plastic packing film in rolls of widgh not exceeding 5cms specially designed for the packing of disposable syringes.. | 2910.1000, 4016.9300. 7304.4100, 7304.4900, 7307.2100 to 7307.2900 3923.5000 29.21] 2. | Infusion giving sets, industry | Oxirane (Ethylene oxide). Pigment (plastic colours) Needles. Medical paper | 2910.1000, 3206, 9018.3900, 48.21 FORM-I Certificate No.________________dated ___________________I _____(Name of Officer)_______Assistant Collector, Customs and Central Excise _____(Place of Posting)_______am satisfied that the components including chassis imported by Messrs______________________under the provisions of S.R.O.________against bank guarantee or insurance guarantee vide bill of entry________No._____dated___________ have been used for the manufacture of __________(Items to be mentioned)____________in accordance wit the scale laid down by the Chief, Survey and Rebate vide certificate No____________________dated_______________________ Stamp and Signature FORM-II Register of sale of goods manufactured from raw materials and components including chassis imported under Notification_____________(give No. and date SRO)_____. S.No. | Item Sold | Name and address of the party to whom sold | Quantity sold | Date of Sale | No. and date of the consumption certificate relating to the item sold. (1) | (2) | (3) | (4) | (5) | (6) 10. Inserted by Notification No. S.R.O. 1072(I)/89, dated 29th October, 1989.