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

REPAYMENT OF CUSTOMS-DUTIES AND REFUND OF SALES TAX ON EXPORT OF CERTAIN GLOVES Notification No. S.R.O. 627(I)/81, dated 22nd June, 1981.--In exercise of the powers conferred by clause (c) of section 21 of the Customs Act, 1969 (IV of 1969), and sub-section (2-A) of section 27 of the Sales Tax Act, 1951 (III of 1951), 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 manufacture or production 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 repayment of customs-duties and refund of sales tax paid on the imported raw materials used in the production of goods being exported . 22[TABLE Raw materials imported | Goods produced or manufactured | Extent of repayment of customs-duties | Extent of refund of sales tax (1) | (2) | (3) | (4) Artificial leather | Boxing Gloves | 11.00% of the f.o.b. value | 4.60% of the f.o.b. value Others (hockey or football goalkeepers, driving and ski gloves) all sizes. | 5% of the f.o.b. value. | 1.60% of the f.o.b value. 2. The repayment and refund authorised by this Notification shall be admissible in respect of the goods exported on or after the 17th October, 1979. Substituted by Notification No. S.R.O. 196(I)/83, dated 28th February, 1983, reported as PTCL 1983 St. 374.