Exemption from Customs Duty and Sales Tax on Import of Such Materials and Components As Are Imported

EXEMPTION FROM CUSTOMS DUTY AND SALES TAX ON IMPORT OF SUCH RAW MATERIALS AND COMPONENTS AS ARE IMPORTED FOR THE EXCLUSIVE MANUFACTURE OF GOODS BY RECOGNIZED INDUSTRIAL UNITS LOCATED IN THE APPROVED INDUSTRIAL ESTATE OF GADOON AMAZAI IN THE PROVINCE OF NWFP 12Notification No. S.R.O. 517(I)/89, dated 3rd June, 1989.---In exercise of the powers conferred by section 19 of the Customs Act, 1969 (IV of 1969), and sub-section (1) and (2) of section 7 of the Sales Tax Act, 1951 (III of 1951), the Federal Government is pleased to direct that such raw materials 13[components] as are imported for the exclusive manufacture of goods by recognized industrial units located in the approved industrial estate of Gadoon Amazai in the Province of NWFP, shall be exempt from whole of the customs duties and sales tax leviable thereon subject to the following conditions, namely:-- the manufacturers shall have suitable in house facilities to manufacture the items 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 from the list of items that he is manufacturing along with details of raw materials 14[and components] required and the Chief or, the such authorized officer, in consultation with the Collector of Customs or the concerned Government Department, will certify the annual capacity of the industrial unit for the manufacture of goods and total annual requirements of various types of raw materials 15[components] along with the quantity required for the manufacture of each item; 16[in case when concession is claimed on components, the manufacturer shall chalk out deletion programme spreading over a maximum period of five years within which the period he shall achieve a minimum deletion to the extent of 75%of the C&F value of the inputs of the manufactured items and the continued availability of the exemption under this Notification shall be contingent upon (a) the achievement of progressive annual deletion as approved by the Central Board of Revenue or the Ministry of Industries as the case may be and (b) the use of locally manufactured deleted items;] at the time of import raw materials 17[and components] the manufacturer shall make a written declaration on each copy of the bill of entry to the effect that the raw materials 18[and components] have been imported in accordance with his entitlement in terms of conditions (ii) above. the manufacturer shall furnish to the Collector of Customs a bank guarantee equivalent to the customs duties and sales tax leviable on each consignment subject to the satisfaction of the Collector of Customs; the manufacturer shall maintain record of the raw materials and components 19[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 raw materials 20 [and components], apply to the Collector of Customs for discharging the bank guarantee, the application being supported by a certificate in Form-I set out below issued by the Assistant Collector, Customs and Central Excise, 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 the 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 in this behalf. FORM-I Certificate No_____________________________ dated______________ I ___________(Name of Officer)_______________Assistant Collector, Central Excise and Customs______________(Place of posting)________am satisfied that the raw materials and components imported by Messrs_______(Name of Company)________________under the provisions of S.R.O.___________________against indemnity bond vide bill of entry No._________________ dated ________________have been used for the manufacture of _____________(Name of items to be mentioned)________in accordance with the scale laid down by the Chief (Survey and Rebate) vide certificate No.___________________dated the _____________ File No.____________ Stamp and Signature FORM-II Register of sale of goods manufactured from raw materials 21[and components] imported under Notification________(Name and date of SRO)________ S.NO. | Item Sold | Name and address of party to whom sold | Quantity Sold | Date of sale | No. and date of the consumption certificate issued under the Notification relating to the items sold 12. Reported as PTCL 1989 St. 487(ii) 13. Inserted by Notification No. S.R.O.___(I)/89, dated 22nd November, 1989. These words were earlier omitted by Notification No. S.R.O.___(I)/89, dated 8th November, 1989. 14. Inserted by Notification No. S.R.O.___(I)/89, dated 22nd November, 1989. These words were earlier omitted by Notification No. S.R.O.___(I)/89, dated 8th November, 1989 15. Inserted by Notification No. S.R.O.___(I)/89, dated 22nd November, 1989. These words were earlier omitted by Notification No. S.R.O.___(I)/89, dated 8th November, 1989. 16. Inserted by Notification No. S.R.O.___(I)/89, dated 22nd November, 1989. These words were earlier omitted by Notification No. S.R.O.___(I)/89, dated 8th November, 1989. 17. Inserted by Notification No. S.R.O.___(I)/89, dated 22nd November, 1989. These words were earlier omitted by Notification No. S.R.O.___(I)/89, dated 8th November, 1989. 18. Inserted by Notification No. S.R.O.___(I)/89, dated 22nd November, 1989. These words were earlier omitted by Notification No. S.R.O.___(I)/89, dated 8th November, 1989. 19. Inserted by Notification No. S.R.O.___(I)/89, dated 22nd November, 1989. These words were earlier omitted by Notification No. S.R.O.___(I)/89, dated 8th November, 1989. 20. Inserted by Notification No. S.R.O.___(I)/89, dated 22nd November, 1989. These words were earlier omitted by Notification No. S.R.O.___(I)/89, dated 8th November, 1989. 21. Inserted by Notification No. S.R.O.___(I)/89, dated 22nd November, 1989. These words were earlier omitted by Notification No. S.R.O.___(I)/89, dated 8th November, 1989.