GOVERNMENT OF PAKISTAN

MINISTRY OF FINANCE, ECNOMIC AFFAIRS, STATISTICS AND REVENUE

REVENUE DIVISION

 

Islamabad, the 6th January,2005.

 

NOTIFICATION

(CUSTOMS)

 

 

            S.R.O.26(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.456(I)/2004, dated the 12th June,2004, namely:-

 

            In the aforesaid Notification.-

 

(i)         in condition (ii), for the words and letters ”Collector of Customs and Collector of Sales Tax” the words “Collector of Sales Tax having jurisdiction” shall be substituted;

 

(ii)         for condition (iii), the following shall be substituted, namely:-

 

“(iii)       the quantitative entitlement of inputs to be imported under this notification shall be determined and allowed by the Collector of Sales Tax on the basis of information as aforesaid, without any physical verification. In case the Collector is not satisfied with declared input output ratios of the items to be manufactured because of their being prim-facie, not in accordance with the prevalent average of the relevant industry, he may, after allowing the quantity demanded make a reference to the Director of Input Output Co-efficient Organization for final determination thereof and the applicant shall consume imported inputs in accordance with the input output ratios so determined.’.

 

            (iii)        Condition (iv) shall be omitted; and

 

(iv)        In condition (vii), after the word “Customs”, occurring for the first time, the words “and Collector of Sales Tax having jurisdiction” shall be inserted.

 

[C.No.3(55)DRD/2004-04/2005]

 

(MUHAMMAD RAMZAN)

Additional Secretary