GOVERNMENT OF
PAKISTAN
(REVENUE DIVISION)
CENTRAL BOARD OF REVENUE
****
Islamabad, the 2nd August, 2002
NOTIFICATION
(CUSTOMS)
SRO 487(I)/2002.
In exercise of the powers conferred by clause © of section 21 of the
customs Act, 1969 (IV of 1969), the Central Board of Revenue is please to
authorize p\repayment of customs-duties to the extent specified in column (3) of
the table below paid on the importation of the raw materials specified in column
(1) of the said table and used in the production or manufacture of the goods
specified in colum (2) thereof, sbject to the following conditions, namely: -
i)
The goods hae been manufactued according to the formula duly furnished to
the Central Board of Revenue showint eh quantity of various imported raw
materials specifiedin column (1) of the said table and used in the production or
manufacture of the goods specified in column (2) thereof;
ii)
The manufacturer maintains proper record of ythe goods manufactured in
accodance with the formula referred to in sub paragraph (i) and produces, on
demand, such records and other evidecen as may be required by the Central Board
of revenue to satisfy itself tht the imported raw materials have been used in
accordance with the formula;
iii)
The manufactured goods are exported out of Pakistan and an application
for repayment of customs-duties is presented to the proper officer of cutoms
within two hundred and ten days of such exportation or within one hundred and
eighty days form the date of realization of foreign exchange as show in bank
credit advice issued in accordance with the regulation of the State Bank of
Pakistan in force for the time being;
iv)
The exporter makes a declaration on the face of the orignla shiping bill
or other export documents to the effec that he would claim repayment of the
customs duties paid on the imported raw materials used in the production or
manufacture of the goods being exported; and
v)
The repayment of customs duties at the rate specified shall be allowed
provided that the goods exported are manufactured with ithe same constitutents
on which the rate of repayment is notifed and the manufacture-cum-exporter shall
immediatelyt intimate to the Collectorate of Customs concerned, ---
a)
any change in the prices of the imported raw materials;
b)
any change in the composition of the manufacturred goods to be exported;
and
c)
use of any indigenous raw material in place of the imported raw
materials.
2.
The repayment of customs duties authorixed by this notification shall be
admissible in respect of the goods exported on or after the 10th
October, 2001.
|
Raw
materials imported |
Goods
produced or manufactured |
Extenf
of repayment of customs duties |
|
(1) |
(2) |
(3) |
|
The following goods produced or manufactured and exported by M/s. H. sheikh Noor-ud-din & Sons (Pvt) Ltd, Lahore |
||
|
1. Dyed waterproof canvas cloth made of blended yarn containning 50% cototn and 50% polyester |
44.44% of the fob value |
|
2. dyed waterproof canvas, tarpalulin, tends complete or in CKS conditon or waterproof dyed bags made of blended yarn 85% cotton 15% polyester. |
3.86% of the fob value |
|
3. Dyed waterproof canvas, tarpaulin, tents complete or in ckd cnditon or wterproof dyed bags made of blended yarn 50% cotton 50% polyester. |
3.82% of the fob value |
|
4. Dyed waterproof canvas, tarpaulin, tents complete of in ckd condition or waterproof adyed bags made of blended yarn 35% octton 65% polyester. |
3.85% of the fob value |
|
5. Dyed wateerproof canvas, tarpaulin, tents completere on in ckd condition or waterproof dyed bags made of belended yarn 15% cotton 85% polyestr. |
3.95% of the fob value |
|
6. Dyed waterproof canvas, tarpaulin, tents complete or in ckd condition or waterproof dyed bags made of 100% polyester. |
|
|
7. Unbleached or undyed waterproof canvas, tarpaulin tents complete or in ckd conditions of waterproof dyed bags made of blended yarn 85% cotton 15% polyester. |
1.53% of the fob value |
|
8. Unbleached or undyed waterproof canvas, tarpaulin, tents complete or in ckd condition or wterproof dyed bags made of blended yarn 50% cotton 50% polyester. |
2.27% of the fob value |
|
9. Unbleached or undyed wterproof anvas, tarpaulin, tents complete or in CKD condition or waterproof dyed bags made of blended yarn 35% cotton 65% polyester. |
2.41% of the fob value |
|
10. Unbleached or undyed waterproof canvas, ytarpaulin, tents compete or in ckd conditions or waterproof dyed bags mde of blended yarn 15% cotton 85% polyester. |
2.69% of the fob value |
|
11. Unbleached or undyed waterproof canvas, tarpaulin, tents ocmplete or in ckd condition or waterproof dyed bags made of 100% polyester. |
3.04% of the fob value |
[C.No.3(88)DDS/2001]
(Muhammad Nadir Khan Hoti)
Chief (Duty Drawback Systems)