Refund of Sales Tax on Supply of Machinery and Equipment As Are Produced or Manufactured in Pakistan

REFUND OF SALES TAX ON SUPPLY OF MACHINERY AND EQUIPMENT AS ARE PRODUCED OR MANUFACTURED IN PAKISTAN AND SUPPLIED BY PAKISTANI FIRMS TO PROJECTS AGAINST INTERNATIONAL TENDERS Notification No. S.R.O. 85(I)/88, dated 3rd February, 1988.--In exercise of the power conferred by section 27 (2A) of the Sales Tax Act, 1951 (III of 1951), the Central Board of Revenue is pleased to authorize refund of sales tax paid on such machinery and equipment as are produced or manufactured in Pakistan and supplied by Pakistani firm to the projects against international tenders financed out of the funds provided by a foreign aid giving agency under a bilateral aid agreement subject to the following condition, namely; The supplier will present a 'Bill of Export' in quadruplicate to the Assistant Collector designated for the purpose in the Collectorate within whose jurisdiction the goods have been manufactured along with a copy of the relevant international tender duly certified by the components authority of the project to whom goods are being supplied; the bill of export will be machine numbered and processed in the same way as the normal bill of export. the goods will be examined at the place of manufacture of the goods to be supplied; after the goods have been received at the project, the officer-in-charge of the project will certify the quadruplicate copy of the bill of export to the effect that the goods mentioned in the bill of export have been duly received in full with the actual date of receipt; and the claim of refund of sales tax will be filed by the supplier in the same Collectorate where the bill of export was filed within 120 days of the delivery of goods along with the following documents. quadruplicate copy of the bill of export duly certified by the officer-in-charge of the project; the relevant invoice duly certified by the Central Excise and Sales Tax Collectorate; a copy of the relevant international tender duly certified by the competent authority of the project concerned to whom good have been supplied; a certificate from the Chief , Survey and Rebate or any other officer authorised by the Board in this behalf as to the quantum, of sales tax paid on machinery and equipment intended to the supplied against the international tender; and a certificate from any bank or authorized dealer in foreign exchange stating that the price of the goods supplied was received in foreign currency and the foreign currency so received has been duly surrendered to the State Bank of Pakistan