GOVERNMENT OF PAKISTAN

MINISTRY OF FINANCE, ECONOMIC AFFAIRS,

STATISTICS AND REVENUE

(REVENUE DIVISION)

***

 

Islamabad, the 6th June, 2005.

 

NOTIFICATION

(SALES TAX)

 

 

S.R.O.  527(I)/2005. — In exercise of the powers conferred by clause (c) of section 4 of the Sales Tax Act, 1990, the Federal Government is pleased to notify that the raw materials, components, sub-components and parts, as are imported or purchased locally for use in the manufacturing of such plant and machinery which is chargeable to sales tax at the rate of zero per cent, shall be zero-rated for the purposes of levy of sales tax, subject to the following conditions, namely:—

 

(a)        the importer or the purchaser of the raw materials, components, sub-components and parts, holds a valid sales tax registration showing his registration category as “manufacturer”; and

 

(b)        in case of imported components, sub-components and parts, all the conditions, restrictions, limitations and procedures as are prescribed in a notification under section 19 of the Customs Act, 1969 (IV of 1969), shall apply.

 

 

[C. No. 1/33-STB/2005]

 

 

 (Shahid Ahmad)

Additional Secretary