ISLAMABAD, June 17: The government has extended the exemption limit of customs duty and sales tax on temporarily imported goods by a registered exporter for its subsequent exportation.
The exemption facility will be available up to December 31, 2002, which was expired on December 31, 2001, said a notification issued by Central Board of Revenue (CBR).
The exemption will be available on material and components including forgings of surgical instruments for processing, assembly, manufacturing, repair or re-building, material for embellishing or decorating goods produced in Pakistan for exportation, packing material (excluding straw, paper, paper cones, glass wool and like material), textile designs, artwork, transparencies (bearing design for textiles), fur lining, lining, pads and inter lining material all sorts, velcro tapes and other fastening material, hangers, special labels, special buttons, rivets, eyelets, buckles, special brand tags, special thread and other items such as decorative fittings, zippers, lockerloops, etc., required to be fixed on ready-made garments of all sorts and textile made ups, raw materials-plush fabrics, nylon, polyester fibre, eyes and nose used in stuffed toys, polypropylene woven and jute bags subject to the condition that such bags bear the particulars of the Pakistani exporters in permanent print on each bag, and units soles with heels, soles and heels for footwear.
The notification reads as: “the Federal Government is pleased to direct that the following amendment shall be made in its Notification No. S.R.O. 410(I)/ 2001, dated the 18th June, 2001, namely: In the aforesaid Notification, in the preamble for the figure “2001” the figure “2002” shall be substituted and shall be deemed always to have been so substituted.”
































