CBR allow composite repayment-cum-drawback of sales tax and federal excise duty to the registered person on the export from Pakistan of vegetable ghee----

GOVERNMENT OF PAKISTAN (REVENUE DIVISION) CENTRAL BOARD OF REVENUE ******** Islamabad, the 21st September, 2006. NOTIFICATION (SALES TAX & FEDERAL EXCISE) S.R.O. 993(I)/2006.¾In exercise of the powers conferred by section 61 of the Sales Tax Act, 1990, and sub-section (2) of section 5 of the Federal Excise Act, 2005, the Central Board of Revenue is pleased to allow composite repayment-cum-drawback of sales tax and federal excise duty to the registered person on the export from Pakistan of vegetable ghee and cooking oil at the rates mentioned against each in column (3) of the Table below subject to the conditions specified in paragraph 2. TABLE S. No. | Description | Repayment- cum -drawback rate (1) | (2) | (3) 1. | Vegetable ghee | Rs. 5.99 per kg 2. | Cooking oil | Rs. 6.69 per kg 2. The repayment-cum-drawback under this notification shall be admissible subject to the fulfilment of the following conditions, namely: - (i) only branded products shall be entitled to the aforesaid repayment-cum-drawback; (ii) the exporter shell file claim to the concerned Collector of Sales Tax and Federal Excise for the repayment-cum-drawback on monthly basis, as and if due; (iii) commercial exporters shall be entitled to the repayment-cum-drawback provided they make direct procurements from the registered ghee or oil manufacturing units; (iv) the import goods declarations (duplicate-in-original) and original purchase invoices shall be endorsed by the concerned officer of the Collectorate of Sales Tax and Federal Excise confirming their utilization for the purpose of repayment-cum-drawback and drawback under this notification; (v) the exporters shall be required to furnish a monthly inventory-cum-production statement to the concerned Collector in the format as set out in ‘Annex’ duly supported by goods declarations and purchase invoices. The statement shall be verified on quarterly basis through desk audit; and (vi) the applicable export policy conditions and procedures shall be adhered to as usual. 3. The Collectorates shall process the claim in the same manner as prescribed under Chapter V of the Sales Tax Rules, 2006, as far as applicable, and make payment of admissible repayment-cum-drawback within the time prescribed under the said Rules. 4. This notification shall be deemed have taken effect on the 1st day of January, 2006: Provided that in case of the consignments exported before the issuance of this notification, the Collector of Sales Tax and Federal Excise may condone any act required to be done under this notification other than the declaration of brand, which could not be done for the absence of this notification or require such act to be done subsequently so as to facilitate the entertainment of genuine claims under this notification. Annex [See paragraph 2(v)] MONTHLY INVENTORY-CUM-PRODUCTION STATEMENT Name of registered person Registration No. Month Major Input Materials (including edible oils) S. No. | Description of raw material | Opening balance | Procurement during the month | Total available | Quantity of raw material consumed in production | Closing stock of raw material Production S. No. | Description | Opening stock of finished goods | Quantity produced during the month | Quantity Supplied | Closing stock Local | Export Signature Name Designation NIC No. Date [C.No. 1(3)CEB/04] (Abdul Hameed Memon) Secretary (ST-L&P)