Conditonal Exemption from Sales Tax on Import of Goods

CONDITIONAL EXEMPTION FROM SALES TAX ON IMPORT OF GOODS. Notification No. S.R.O. 501(I)/88, dated 26th June, 1988.--In exercise of the power conferred by 7 of the Sales Tax Act, 1951 (III of 1951), and in supersession of this Ministry's Notification No. SRO 531(I)/86, dated the 29th May, 1986, the Central Board of Revenue is pleased to exempt the goods specified in column (1) of the table below and falling under heading numbers of the First Schedule to the Customs Act, 1969 (IV of 1969), specified in column (2) of the said table, from the whole of the sales tax leviable thereon subject to the conditions specified in the column (3) thereof. TABLE Description of goods | Heading/sub-heading No. in the First Schedule to the Customs Act, 1969 (IV of 1969) | Condition (1) | (2) | (3) Seed potatoes | 0701.1000 | If imported direct by the Ministry of Food and Agriculture, Government of Pakistan, the Department of Agriculture of Provincial government. any of the Agricultural Development Corporations or under a certificate from an officer authorised in this behalf by any of the Provincial Government or by any of the Agricultural Development Corporations to the effect that the potatoes so imported are meant to be used as seed for sowing Graphite electrodes | 8545.1100 | If imported by a recognized unit engaged in steel re-melting ; re-rolling. Re-engining kits for railway locomotives | 8408.9090 | If imported in C.K.D condition by Pakistan Railways Ships | 89.01, 89.02, 89.03, 89.06 | If imported and subsequently broken up. It shall be leviable to sales tax in the same manner and at the same rate as is applicable, at that time to ship imported for breaking-up