Repayment of Customs Duties and Refund of Sales Tax on Export of Woolen Carpets

REPAYMENT OF CUSTOMS DUTIES AND REFUND OF SALES TAX ON EXPORT OF WOOLEN CARPETS Notification No. S.R.O. 91(I)/88, dated 8th February, 1988.--In exercise of the power 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 its Notification No. SRO 47(I)/84 dated the 16th January, 1984, the Central Board of Revenue is pleased to authorize repayment of customs duty and refund sales tax t the extent specified in columns (4)and (5) respectively of the table below paid on the importation of the raw materials specified in column (1) of that table and used in the production or manufacture of the goods specified in column (2) of that table and exported during the period specified in column (3) 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; 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; and in case of an exporter who has already received repayment of customs duties and refund of sales tax under Notification No.S.R.O.47(I)/84, dated the 16th January, 1984, he shall be entitled only to repayment of the difference of the amount to be re-paid under this Notification. TABLE Raw Material imported | Goods produced or manufactured | Period | Extent of repayment of customs duties | Extent of refund of sales tax (1) | (2) | (3) | (4) | (5) 1. Coaltardyes | 1. Machine made woolen carpets | From 11.06.83 onwards | 4.30% of the fob value | 0.40% of the fob value 1. Potassium bichromate 2. Bleaching powder 3. Acetic acid | 2. Hand knotted woolen carpets 6[***] | From 01.10.85 to 30.9.86 From 1.10.86 to 11.7.87 From 12.7.87 to onward | 5.50% of the fob value 5.50% of the fob value 5.70% of the fob value | 1.00% of the fob value 1.30% of the fob value 2.10% of the fob value 6. Words"made from local wool" omitted by Notification No. 253(I)/88, dated 7th April, 1988 reported as PTCL 1988 St. 381(i) and shall be deemed always to have been so made.