December 25, 2002	Wednesday	Shawwal 20, 1423

ISLAMABAD, Dec 24: The Central Board of Revenue (CBR) has allowed the importers that have no manufacturing facility to import raw materials and components used in manufacturing of television sets.

The decision was notified on Tuesday by making amendments in the budgetary notification No SRO358 issued on June 15, 2002.

The government had earlier allowed only the manufacturers to import raw materials and components for manufacturing of TV sets. To utilize the ideal capacity in the TV industry, the government allowed the importers that did not have their own manufacturing facility to import raw materials and components for TV sets and get them manufactured from the vendors.

The decision was taken following the complaint of some companies, who have the facility of manufacturing but due to financial problem they could not import the raw materials and components for the manufacturing of TV sets.

The other conditions for availing of the facility would be the same as was notified through the budgetary notification SRO358 issued on June 15, 2002.