201309.29
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CONCESSIONARY RATE OF DUTY UNDER PREFERENTIAL TRADE AGREEMENT WITH INDONESIA VIDE SRO 741(I)/2013 DATED 28.08.2013

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The Government of Pakistan has signed a Preferential Trade Agreement with Indonesia. As a result of this agreement, around 313 items have been subjected to concessionary rate of duty. For this purpose,  notification No.SRO 741(I)/2013 dated 28.08.2013 has been issued which is available on FBR website. For individual items the notification may be perused.

201309.29
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Requirement of all Registered Persons to file monthly statement U/S 165 of the Income Tax Ordinance, 2001

Federal Government vide Finance Act, 2013 included all persons registered under the Sales Tax Act, 1990 in the list of ‘Prescribed person’ for the purposes of section 153 of the Income Tax Ordinance, 2001. Due to this amendment all sales tax registered persons are required to deduct Income tax at the prescribed rates w.e.f 01.07.2013….

201309.29
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S.R.O. 811(I)/2013 dated 20.09.2013

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GOVERNMENT OF PAKISTAN (REVENUE DIVISION) FEDERAL BOARD OF REVENUE *****  Islamabad, the 20th September, 2013. NOTIFICATION (CUSTOMS)                          S.R.O. 811(I)/2013–. In exercise of the powers conferred by sections 3DDD and 4 of the Customs Act, 1969 (IV of 1969), and in supersession of its…

201304.29
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SRO 334(I)/2013

FBR has issued SRO 334(I)/2013 to abolished the condition of NTN for selling the motor cars by the assemblers/manufacturers. This condition was imposed vide condition (xi) of SRO 656(I)/2006 dated

201212.29
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Vide SRO 1401(I)/2012 dated 30th November

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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…

201109.20
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Amendment in SRO.967(I)/2007

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Through an amendment in SRO.967(I)/2007 dated 20th September 2007, FBR has allowed clearance of containerized cargo routed through Qasim International Container Terminal (known as QICT) from Port Qasim Karachi. The said port is operating locally developed customs clearance system know as WeBOC. Previously, containerized cargo imported through the said port was cleared from PaCCS which is owned by Agility, a…