Same Having Been Previously Published, Drawback on Goods Taken into Use

GOVERNMENT OF PAKISTAN MINISTRY OF FINANCE,PLANNING AND DEVELOPMENT NOTIFICATION Islamabad, the 15th June, 1977 SALES TAX S.R.O.521(I)/77.-In exercise of the powers conferred by section 39 read with section 27-D of the Sales Tax Act, 1951 (III of 1951), the Central Board of Revenue is pleased to make the following rules, the same having been previously published , for the Drawback on Goods Taken Into Use Between Importation and Re-exportation , namely :- 1. (1) These rules may be called the Drawback on Goods Taken in Use Between Importation and Re-exportation Rules, 1977. (2) They shall come into force at once. 2. Repayment of sales tax as drawback in respect of goods , other than motor vehicles and the goods specified in rule 4, taken into use between their importation and subsequent exportation shall be made according to the period and the amount specified in the table below:- TABLE --------------------------------------------------------------------------------------------------------------------------------------------------------Length of period between date of importation or clearance from Amount of sales tax to be paid as draw back bond, as the case may be, and date of shipment for re-exportation -------------------------------------------------------------------------------------------------------------------------------------------------------- (i) Not more than 12 months. 4/5th of the sales tax. (ii) More than 12 months but not more than 24 months. 3/5th of the sales tax. (iii) More than 34 months but not more than 36 months 2/5th of the sales tax. (iv) More than 36 months but not more than 60 months. 1/5th of the sales tax. (v) More than 60 months. Nil. 3. Repayment of sales tax as drawback in respect of motor vehicles taken into use between their importation and subsequent exportation shall be made according to the period and the amount specified in the table below:- TABLE Length of period between date of importation or clearance from bond, Amount of sales tax to be paid as drawback as the case may be and date of shipment for re-exportation (i) Not more than 4 months. 3/4th of the sales tax. (ii) More than 4 months but not more than 8 months. 5/8th of the sales tax. (iii) More than 8 months but not more than 12 months. 1/2 of the sales tax. (iv) More than 12 months but not more than 24 months. 1/4th of the sales tax. (v) More than 24 months but not more than 36 months. 1/8th of the sales tax. (vi) More than 36 months. Nil. 4. No repayment of sales tax as drawback shall be made in respect of the following classes of goods when such goods have been taken into use between their importation and subsequent exportation namely:- (i) chests imported to be used as containers for tea or rubber; (ii) exposed cinematograph films; and (iii) articles of wearing apparel. [C. No. 16(37)ST/71.] MAQBOOL ELAHI Joint secretary