GOVERNMENT OF PAKISTAN

MINISTRY OF FINANCE, ECONOMIC AFFAIRS,

STATISTICS AND REVENUE

(REVENUE DIVISION)

***

Islamabad, the 6th June, 2005.

 

NOTIFICATION

(SALES TAX)

 

S.R.O. 530(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 specify the goods in column (2) of the Table below, which shall be charged to sales tax at a rate of zero per cent, subject to the conditions specified in column (3) of the table, namely:—

TABLE

S. No.

Description of goods

Condition

(1)

(2)

(3)

 

1.

Imported plant, machinery and equipment (whether or not manufactured locally), including parts thereof.

 

     If imported,—

     (a)   against statutory rate of              customs duty of 5%; or

     (b)   against a notification      under section 19 of the            Customs Act, 1969 (IV            of          1969).

             

2.

Supply of plant, machinery and equipment, whether locally manufactured or imported.

Nil

 

Explanation. The expressions “plant”, “machinery” and “equipment”, mentioned in this notification, do not include consumer durables and office machines.

 

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

 

 

(Shahid Ahmad)

Additional Secretary