MINISTRY OF FINANCE, ECONOMIC AFFAIRS
STATISTICS
AND REVENUE
(REVENUE
DIVISION)
*****
Amended
vide SRO SRO 326(I)/2002
Rescinded vide SRO SRO 345(I)/2002
(SALES
TAX)
S.R.O.267 (I)/2002.- In exercise of the power conferred by section 61 of the Sales Tax Act, 1990, the Central Board of Revenue is pleased to authorize repayment of tax to the extent specified in column (3) of the table below, paid on the raw materials specified in column (1) of the said table and used in the production or manufacture of goods specified in column (2) thereof, subject to the following conditions, namely:-
a) the goods have been manufactured according to the formula duly furnished to the Central Board of Revenue showing the quantity of various raw material specified in column (1) of the said table and used in the production or manufacture of the goods specified on column (2) thereof;
b)
the manufacture maintains proper record of raw materials purchased on
payment of sales tax and the goods manufactured in accordance with the formula
referred to in sub paragraph (i) and produces, on demands, such records and
other evidence as may be required by the Central Board of Revenue to satisfy
itself that the imported raw materials cleared from customs control or purchased
locally of the sales tax have been used in accordance with the formula;
c)
the manufactured goods are exported out of Pakistan and an
application for repayment of sales tax is presented to the proper officer of
Customs within two hundred and ten days of such exportation or of the
publication of this notification whichever is later;
d)
the exporter makers a declaration on the face of the original
shipping bill or other export documents to the effect that he would claim
repayment of sales tax paid on raw materials used in the production or
manufacture of the goods being exported;
e)
the payment of sales tax at the rate specified shall allowed provided
that the goods exported are manufactured with the same constituents on which the
rate of repayment is notified and the manufacturer-cum-exporter shall
immediately intimated to the Central Board of Revenue:-
(i) any change in the price of the raw materials;
(ii)
any change in the composition of the manufactures goods to be
exported; and
(iii) use of any raw material in place of the sales tax paid raw materials;
|
Raw
materials Imported/consumed
|
Goods
produced or manufactured |
Extent
of repayment of sales tax per metric ton |
|
(1) |
(2) |
(3) |
1.
RBD palm oil/ RBD 1.
Vegetable Ghee
Rs. 4000
Palm olein/Soya
beab
oil/or mixture
of
these oils
2.
BP flavour
3.
Vitamin AD 3
4.
Nickel caralyst
5.
Sodium methyate
6.
Bleaching earth
7.
Caustic Soda
8.
Sea salt
9.
Sulphonic acid
10.
Phosporic acid
1.
Sun Flower oil/Canola oil/
Cooking oil
Rs. 130
Corn oil/Cottonseed oil
2.
BP flavour
3.
Vitamin AD 3
4.
Bleaching earth
5.
Caustic Soda
6.
Sea salt
7. Sulphonic acid
8.
Citric acid
9.
Phosphoric acid
10.
TBHQ Food Grade
Chemical
(Antioxdant)
2. The repayment of sales tax under this notification shall be admissible on export to Afghanistan or to any other country through land route subject to the condition that the packages or retail packing shall prominently and indelibly be marked with the expression “For Export Only”, and in case of international donor agencies “For Export only – supply for aid to Afghanistan” (Insignia of the organization) – not for sale in Pakistan.
3.
This
notification shall take effect from 17th January, 2002.
_____________________________________________________________________
[File
No.2(4)STP/99(Pt)]
(FALAK
SHER)
Member (Sales Tax)