Reduced rate of Sales Tax on import of sugar
SRO 770(I)/2020Exemptions and concessions
SRO 770(I)/2020 is a Sales Tax SRO dated 24 August 2020, listed by FBR as "Reduced rate of Sales Tax on import of sugar".
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GOVERNMENT OF PAKISTAN
MINISTRY OF FINANCE, ECONOMIC AFFAIRS
STATISTICS AND REVENUE
' (REVENUE DIVISION)
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Islamabad, the 24th August, 2020.
r
NOTIFICATION
(SALES TAX)
i
S. R.O. 770(I)/2020.- In exercise of the powers conferred by clause (a) of sub-section (2)
of section 13 of the Sales Tax Act, 1990, the Federal Government is pleased to direct that-
0) the imported white crystalline sugar, falling in PCT headings 1701.9910 and
1701.9920, shall be chargeable to sales tax under clause (b) of sub-section (1) of
section 3 of the Sales Tax Act, 1990, at the rate of one percent; and
(2) the above exemption shall be applicable to white crystalline sugar to be imported
during the period from 25th August, 2020 to 30th November, 2020 (both days
inclusive), as per quantity , quality , mode and manner determined by the Ministry
of Commerce and Textile, Government of Pakistan; and
(3) imported white crystalline sugar falling in PCT headings 1701.9910 and 1701.9920
shall also be exempt from payment of minimum value addition tax as specified in
the Twelfth Schedule to the Sales Tax Act, 1990.”.
1C. NO.imSTM/2004 (Pt-IIDl
(Ch. utiammm Tarique)
Additional Secretary
Related Sales Tax SROs on exemptions and concessions
- SRO 1257(I)/202025 November 2020Exemption from Sales Tax on Medical and Testing Equipment regarding Covid-19
- SRO 1038(I)/202012 October 2020Exemption of Sales Tax on local supply of sugar
- SRO 929(I)/202029 September 2020Exemption of whole of Sales Tax on import of 83 X Micron Sprayers for Anti-Locust Operation
- SRO 751(I)/202020 August 2020Exemption of taxes from import of refined white sugar - Sales Tax
- SRO 649(I)/20203 August 2020Exempt the import of Oxygen gas, Cylinders (for oxygen gas), Cryogenic tanks (for oxygen gas) from the whole of the Sales Tax for a period of three months starting from the 23rd of June, 2020
- SRO 555(I)/202019 June 2020Exemption from Sales Tax on Medical And Testing Equipment regarding Covid-19