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

REPAYMENT OF CUSTOMS-DUTIES AND REFUND OF SALES TAX ON EXPORT OF CERTAIN FANS Notification No. S.R.O. 693(I) dated 26th June, 1980.-- 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), and in supersession of all its previous Notifications and Orders in respect of repayment of customs-duties and refund of sales tax on the subject, the Central Board of Revenue is pleased to authorise repayment of customs-duties and refund of sales tax to the extent specified in columns (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 manufacture goods are exported out of Pakistan and 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; 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 the customs-duties and refund of sales tax paid on the imported raw materials used in the production of goods being exported; and in case the exporter has already received repayment of customs-duties and sales tax under any superseded Notification he shall be entitled only to get repayment of the difference of the amount to be repaid under this Notification and the Notification under which he had received the repayment. TABLE Raw materials imported | Goods produced or manufactured | Extent of repayment of customs-duties | Extent of refund of sales tax (1) | (2) | (3) | (4) 1. Electrical steel sheets | Ceiling, pedestal, cabin and exhaust Fans of all sizes | 7 [22]% of f.o.b., value | 8 [6]% of f.o.b. value. 2. M.S. sheets. 3. Aluminium ingots. 4. Aluminium sheet 5. Ball bearing 6003 6. Condensor. 7. Pig iron 8. Insulating material (empire cloth). 9. Leatheroid paper. 10. Enamelled copper wire 2. The repayment authorised by this Notification shall be admissible in respect of the goods exported on or after the 25th March, 1979. Substituted for "33" by Notification No. S.R.O. 1087(I)/83, dated 26th November, 1983, reported as PTCL 1984 St. 94(ii). Substituted for "9" by Notification No. S.R.O. 1087(I)/83, dated 26th November, 1983, reported as PTCL 1984 St. 94(ii).