GOVERNMENT OF PAKISTAN
MINISTRY OF FINANCE, ECONOMIC AFFAIRS, STATISTICS & REVENUE
REVENUE DIVISION
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Islamabad, the 6th June, 2005.
(CUSTOMS)
S.R.O.572(I)/2005- In exercise of the powers conferred by section 19 of the Customs Act, 1969 (IV of 1969), and sub-section (1) of section 13 of the Sales Tax Act, 1990, the Federal Government is pleased to direct that the condition to submit installation certificates or installation-cum-production certificates for the imported plant and machinery is waived in all such cases where clearance was allowed after charging customs duty @ 5% or more in cash or without charging sales tax in terms of S.R.O. 987(I)/99, dated the 30th August, 1999, and where the importers have so far failed to produce the requisite installation certificates or installation-cum-production certificates. All the indemnity bonds submitted for the production of installation certificates or installation-cum-production certificates shall stand released automatically.
[C.No. 1/2/Mach./95]
(Muhammad Ramzan)
Additional Secretary