Repayment of Customs-duties and Refund of Sales Tax on Export of Certain Goods

REPAYMENT OF CUSTOMS-DUTIES AND REFUND OF SALES TAX ON EXPORT OF CERTAIN GOODS Notification No. S.R.O. 588(I)/81, dated 17th June, 1981.--In exercise of the powers conferred by clause (c) of section 21 of the Customs Act, 1969 (IV of 1969), sub-section (2-A) of section 27 of the Sales Tax Act, 1951 (III of 1951), and its Notification No. S.R.O. 1091(I)/80, dated the 1st November, 1980, the Central Board of Revenue is pleased to authorise repayment of Customs-duties and refund of sales tax to the extent specified in column (3) and (4) respectively of the table below paid on the importation of the raw materials specified in column (1) of the said table and used in the production or manufacture of the goods specified in column (2) thereof, subject to the following conditions, namely:- the manufactured goods are exported out of Pakistan and an application for repayment of customs-duties and refund of sales tax is presented to the proper officer of customs within one hundred and twenty days of such exportation or of the publication of this Notification, whichever is the later; and the exporter makes a declaration on the reverse of the original shipping bill or other export documents to the effect that he would claim repayments of customs-duties and refund of sales tax paid on the imported raw materials used in the production of goods being exported. TABLE Raw materials imported | Goods produced or manufactured | Extent of repayment of customs-duties | Extent of refund of sales tax (1) | (2) | (3) | (4) Per Kilogram Rs. Per Kilogram Rs. Cold rolled steel strips in coils. | Light cut hand show tacks, (all sizes) | 20 [5.32] | 21 [1.20] Iron or steel wire. | Wire nails (all sizes) | 2.30 | 0.60 Iron or steel wire or bright hard drawn nail wire. | Machine tacks (all sizes) | 2.30 | 0.60 Iron or steel wire or bright hard drawn nail wire. | Bifurcated rivet. | 2.30 | 0.60 Substituted for the figure "3.50" by Notification No. S.R.O. 196(I)/85, dated 5th March, 1985, reported as PTCL 1985 St. 857(i). Substituted for the figure "0.85" by Notification No. S.R.O. 196(I)/85, dated 5th March, 1985, reported as PTCL 1985 St. 857(i).