Exemption from Sales Tax on Partly Manufactured Goods, As Are Produced or Manufactured in a Factory
SRO 560(I)/89Exemptions and concessions
SRO 560(I)/89 is a Sales Tax SRO dated 3 June 1989, listed by FBR as "EXEMPTION FROM SALES TAX ON PARTLY MANUFACTURED GOODS, AS ARE PRODUCED OR MANUFACTURED IN A FACTORY".
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EXEMPTION FROM SALES TAX ON PARTLY MANUFACTURED GOODS, AS ARE PRODUCED OR MANUFACTURED IN A FACTORY AND USED WITHIN THE SAME FACTORY
28Notification No. S.R.O. 560(I)/89, dated 3rd June, 1989.---In exercise of the powers conferred by sub- section (1) and (2) of section 7 of the Sales Tax Act, 1951 (III of 1951), the Federal Government is pleased to exempt such partly manufactured goods, as are produced or manufactured in a factory and used within the same factory to manufacture goods in respect of which sales tax is payable 29[at the rate of 12.5%], from the whole of the sales tax leviable thereon under the said Act.
28. Reported as PTCL 1989 St. 557(i)
29. These words inserted by Notification No. S.R.O.734(I)/89, dated 10th July, 1989 reported as PTCL 1990 St 25(iii)
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