GOVERNEMNT OF
PAKISTAN
MINISTRY OF
FINANCE AND ECONOMIC AFFAIRS
(REVENUE
DIVISION)
CENTRAL BOARD
OF REVENUE
NOTIFICATION
Islamabad, the
31st Mach, 1993
CUSTOMS
S.R.O.
245 (I)/93.- In exercise of the powers conferred by section 219 of
the Customs Act, 1969 (IV of 1969), the Central Board of Revenue is pleased to
make the following rules, namely:-
1. Short
title, application and commencement.-
(1) These rules may be called
the Deferment of Import Duty (on ships for scrapping) Rules, 1993.
(2) They shall apply to the ships
imported for breaking at Gaddani, district Lesbella, Baluchistan.
(3) They shall come into force at once.
2. Definitions.- In these rules, unless there is anything
repugnant in the subject or context,-
(i) "Act" means the Customs
Act, 1969 (IV of 1969);
(ii) "deferred amount" means the
balance amount of import duties, payment whereof has been deferred;
(iii) "duties" include import duty
leviable under the First Schedule of the Act, and sales tax leviable under the
Sales Tax Act, 1990;
(iv) "grace period" means the
period during which the importer shall not be required to pay the deferred
amount; and
(v) "initial payment" means the
duties payable within fifteen days of filing of bills of entry.
3. Omitted.
4. Schedule of derement:- The duties leviable on import of ships
for breaking may be paid in accordance with the following manner, namely:-
i)
First instalment of
forty per cent of the total duty At the
time of filing of bill of entry.
ii)
payable (as per
declaration by the importer):
ii) Second instalment of thirty per
cent: Within thirty
days of payment of first
instalment.
iii) Third instalment of remaining thirty
per cent Within thirty days of
payment of second
(alongwith
the differential, if any based on instalment.
final
assessment):
5. Procedure for deferment.- (1)
An importer, after making payment of duties payable under rule 3, shall
be allowed to bring the ships in the approved breaking yard at Gaddani Beach,
District Lesbella, Baluchistan.
(2) For the assessment of the amount payable under rule 3, the importer shall file the stability booklet, builder's plan or builder's certificate confirming light displacement tonnage (L.D.T.) alongwith other documents, as may be required, with the bill of entry to the assessing officer appointed in this behalf.
(3) In the case of non-production of builder's plan under sub-rule (2), the ship shall be surveyed by an approved surveyor to ascertain the light displacement tonnage (L.D.T.) prior to beaching, as laid down in the Public Notice No. 1/1990, dated the 3rd February, 1990, and No. 2/1990, dated the 30th December, 1990, issued by the Collector of Customs, Custom House, Gaddani.
(4) The importer shall, after paying the first instalment under rule 4, submit an application for grant of permission for breaking of ship alongwith an undertaking on forty rupees judicial stamp paper testifying that -
(a) he shall start breaking the ship immediately after receiving the requisite permission and will not remove from the yard any goods except unnecessasry tackle, with the permission of the Assistant Collector concerned; and
(b) he shall stop breaking in case the dues are not paid within the stipulated time or there is any dispute in respect of finalization of assessment of the ship concerned.
(5) Final assessment of the ship shall be
made within one month from the date of initial payment and the importer shall
be required to deposit the deferred
amount within such time as may be specified at the time of such final
assessment.
(6) In the case of unavoidable delay in
finalization of assessment of the ship, the grace period may be allowed for one
month only by the Collector, Gaddani, keeping in view the exigencies of the
case.
(7) In case of failure by the importer to
make payment in accordance with the schedule specified in rule 4, he shall be
stopped breaking the ship forthwith and shall not be allowed to avail facility
of deferment of duties payable in respect of the ship for which such deferment
was permissible and no such deferment of duties shall be allowed to him in
future.
(8) The breaking of ship shall not be
allowed if the importer fails to observe the provisions of these rules or
contravenes any of the provisions of the Act or other law and rules for the
time being in force.
RAJA
M. AKHTAR TAHIR
Secretary
(Customs-I)
[C.No.1(16)-T-II/92-21/93]
As amended
S.R.O.995(I)/94, - dated 06.10.1994
S.R.O.1004(I)/94, - dated 10.10.1994
S.R.O.27(I)/95, - dated 11.01.1995
S.R.O.408(I)/96, - dated 13.06.1996
S.R.O.125(I)/97, - dated 23.02.1997
S.R.O.542(I)/98, - dated 12.06.1998