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September 08, 2007
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Saturday
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Sha'aban 25, 1428
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Notification on warehousing surcharge amended
By Our Reporter
ISLAMABAD, Sept 7: The Federal Board of Revenue (FBR) has amended notification regarding exemption from warehousing surcharge on certain goods.
The decision was taken through a customs notification SRO888 of 2007 by amending the SRO822 of 1991.
These amendments were made regarding goods imported as raw material in manufacturing bonds and stored in the open bonded manufacturing warehouses operating under customs rules.
The operation of rules has been now changed through the notification.
According to the amendments, in the aforesaid notification in the table—against serial no 2 in the first column in the second column, for the figures and world “237 to 263” the figures and word “342 to 363” shall be substituted and against serial no 3 in the first column, in the second column, for the figure and word “237 to 263” the figures and word “342 to 363” shall be substituted.
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