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Vide SRO 1401(I)/2012 dated 30th November

by in Customs

Vide SRO 1401(I)/2012 dated 30th November, 2012 certain amendments have been made in SRO 655(I)/2006 dated 22nd June, 2006. Rate of customs duty on import of sub-assemblies by vendors of M/cycles has been reduced from 20% to 15% for a period of one year. Rate of customs duty on import of components by vendors of…

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Important Updates

• Vide SRO 1486(I)/2012 dated 24th December, 2012, following further amendments have been made in Chapter XI (Special Procedure for Payment of Sales Tax by Steel-Melters, Re-Rollers and Ship Breakers) of the Sales Tax Special Procedure Rules notified vide SRO 480(I)/2007 dated 9th June, 2007. (i) Rate of sales tax per unit of electricity consumed…