201606.30
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0

Amendments in SRO 693(I)/2006 dated 01.06.2006 (Additional Customs Duty on import of automotive parts / components)

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Vide SRO 484(I)/2016 dated 29.06.2016, Federal Government has made following amendments in SRO 693(I)/2006 dated 01.06.2006 (Additional Customs Duty on import of automotive parts / components). (a)  Rates of concessionary duty has been revised; (b) Separate entries / rates have been prescribed for different class of vehicles. (c)  Certain new conditions have been introduced to…

201606.30
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0

Amendments in SRO 656(I)/2006 dated 22.06.2006 (Exemption from Customs Duty for OEMs of Automotive Sector)

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Vide SRO 483(I)/2016 dated 29.06.2016, Federal Government has made following amendments in SRO 656(I)/2006 dated 22.06.2006 (Exemption from Customs Duty for OEMs of Automotive Sector). (a)  Rates of concessionary duty has been slightly increased; (b) Certain new categories have been introduced. (c) Certain new conditions have been introduced to implement Automotive Development Policy 2016-21.

201606.30
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Amendments in SRO 655(I)/2006 dated 22.06.2006 (Exemption from Customs Duty for Vendors of Automotive Sector)

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Vide SRO 482(I)/2016 dated 29.06.2016, Federal Government has made following amendments in SRO 655(I)/2006 dated 22.06.2006 (Exemption from Customs Duty for Vendors of Automotive Sector). (a)  Rate of concessionary customs duty has been revised upwards. (b) Concession available to bicycle manufacturers has been withdrawn. (c)  Separate concessionary rates have been prescribed for auto-rickshaws, 3-wheeler cargo…

201606.28
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0

SRO 478(I)/2016 dated 24.06.2016

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Vide SRO 478(I)/2016 dated 24.06.2016, Federal Government has rescinded SRO 809(I)/2009 dated 19.09.2009 (Exemption of Customs duty on import of certain machinery and equipment by textile industry)

201606.28
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Imposition of Regulatory Duties on certain items Vide SRO 475(I)/2016 dated 24.06.2016

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Vide SRO 475(I)/2016 dated 24.06.2016 following amendments have been made in SRO 568(I)/2014 dated 26.06.2014 (regulatory duty on imports) (a)       Regulatory duty has been imposed on the following Sr. # PCT Code Description Rate of Regulatory Duty (%) 3A 04.02 Milk and cream, concentrated or containing sugar or other sweeteningmatter 25 5A 0404.1010 Whey Powder…

201606.28
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Withdrawal of Concessionary Regime for certain industries Vide SRO 474(I)/2016 dated 24.06.2016

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Vide SRO 474(I)/2016 dated 24.06.2016, Federal Government has made following amendments in SRO 565(I)/2006 dated 05.06.2006 and concessionary regime for the following industries have been withdrawn: (a)            Powder Coatings; (b)            Chrysotile Cement Pipes, sheets & Fittings; (c)            Aluminum pre-sensitized printing plates; (d)            Artificial Leather Industry;…

201606.20
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1

Punjab Infrastructure Development Cess on petroleum products supplied through pipelines held in abeyance.

The Punjab Government has held in abeyance the levy and collection of Punjab Infrastructure Development Cess on all petroleum products supplied through pipelines in the territory of Punjab until further orders vide Circular No.1 of 2016 dated 09.06.2016. Circular No.1 of 2016 can be accessed here: https://drive.google.com/open?id=0BwUI-PxfjgugTmdFSElqYlFkQkk

201606.20
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Extension in Operation of Circular No.2 of 2015.

Vide Circular No.2 of 2015 dated 01.09.2015, Punjab sales tax on the services provided by persons engaged in inter-city carriage of goods by rail or road (S.No.48) was held in abeyance to the extent of transportation of oil through oil tankers and transportation of goods by informal non-corporate transporters of goods operating through “truck addas”,…