GOVERNMENT OF
MINISTRY OF FINANCE, ECONOMIC
AFFAIRS, STATISTICS AND REVENUE
(REVENUE DIVISION)
* * *
NOTIFICATION
(CUSTOMS)
SRO
733 (I)/2004: – In exercise of the powers conferred by section 19 of the Customs
Act, 1969 (IV of 1969), the Federal Government is pleased to direct that the
following further amendments shall be made in its Notification No, S.R.O. 453
(I)/2004, dated the 12th June,
2004, namely:-
In the aforesaid Notification,
-
(a)
in condition (iii), for
the words “hundred and eighty days ”the word “Year” shall be substituted;
(b)
in condition (v), for
the words and comma “only one port or dry port, nearest to the
manufacturing unit ” the words “the
concerned Collectorate only” shall be substituted; and
(c)
in condition (vii), for
the words “hundred and eighty days” the word “year” shall be substituted;
(d)
in condition (ix), for
the figures and word “3 to 5”, the figure “5”, shall be substituted;
(e)
the existing
“Explanation” shall be renumbered as “Explanation 1” and thereafter the following new
“Explanation”
“Explanation 2:- For the
purpose of manufacture of goods in term of Table-II, items mentioned in
approved deletion programmes for manufacture of
components/parts and sub-assemblies to be supplied for the manufacture of
vehicles of Table-I, shall be categorized and treated as sub-components.”; and
“Explanation 3- “Bicycle
chain strips cut to size imported under this notification shall be treated as raw materials
;liable to customs duty @ 5%.
(f) in TABLE II:-
(i) under the heading “Description of Goods”,
the comma words, letters full stops and figures”, excluding items at S.No. 5 and 6, to sales tax registered persons or to an NTN
holder”, shall be omitted.
[C.No.6(7)/2004-CB]
(MUHAMMAD
RAMZAN)
ADDITIONAL SECRETARY