GOVERNMENT OF PAKISTAN

MINISTRY OF FINANCE, ECONOMIC AFFAIRS,

STATISTICS AND REVENUE

(REVENUE DIVISION)

***

 

Islamabad, the 2nd July, 2005.

 

 

NOTIFICATION

(SALES TAX)

 

 

S.R.O. 673(I)/2005.— In exercise of the powers conferred under clause (a) of sub-section (2) of section 13 of the Sales Tax Act, 1990, and in supersession of its Notification No. S.R.O. 645(I)/2005, dated the 30th June, 2005, 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 which are liable to customs-duty not exceeding ten percent ad valorem, either under the First Schedule to the Customs Act, 1969 (IV of 1969) or under a Notification issued under section 19 of the said Act.

 

2.         This Notification shall take effect from the 6th June, 2005.

 

[C. No. 1/51-STT/96]

 

 

 

(Shahid Ahmad)

Additional Secretary