GOVERNMENT OF PAKISTAN

MINISTRY OF FINANCE, ECONOMIC AFFAIRS,

STATISTICS & REVENUE

REVENUE DIVISION

*** 

Amended vide SRO 475(I)/2002 dated 30th July, 2002

Islamabad, the 6th  April, 2002. 

NOTIFICATION

(SALES TAX) 

            S.R.O. 211(I)/2002. In exercise of the powers conferred under clause (a) of sub-section (2) of section 13 of the Sales Tax Act, 1990, the Federal Government is pleased to exempt raw materials for the basic manufacture of pharmaceutical active ingredients and for manufacture of pharmaceutical products from the whole of sales tax leviable thereon;

            Provided that where such raw materials are imported then only those raw materials shall be entitled to exemption under this notification if they are :

(a)              specified in Notification No. S.R.O. 372(I)/2002, dated the 15th June, 2002; or

(b)              liable to customs-duty not exceeding ten per cent ad valorem in the First Schedule to the Customs Act, 1969,

subject to the same conditions as are stipulated in the Notification specified in clause (a).

 

2.                  This notification shall take effect from the 21st March, 2002.

[C.No.1/8-STT/2002]

 

( Falak Sher )

Additional Secretary