Changes in SRO 1125(I)/2011 Dated 31.12.2011 (Five Export Oriented Sectors)

Vide SRO 486(I)/2015 dated 30.06.2015, following changes have been made in SRO 1125(I)/2011:

i)                    Maize (corn) starch has been excluded from SRO 1125(I)/2011 dated 31.12.2011. It will now be liable to tax at standard rate.

ii)                  Table-II of SRO has now been substituted. The sales tax rates for various items will now be as under.

 

Table –II

S. No.	Description of goods and point of taxation	PCT heading No.	Rate of Sales Tax
(1)	(2)	(3)	(4)
	Goods usable as industrial inputs, specified in Table I.(i)     Import for in-house consumption by registered manufacturers of the five sectors mentioned in condition (i) below (ii)      Commercial imports (iii)    Supplies to registered or unregistered persons of the said five sections (iv)    Supplies to persons outside the said five sectors (v)      Import by, or supply to, registered manufacturers, whether or not of the said five sectors, for the manufacture of goods specified in Table-I or Table-II	As specified in column (3) of Table-I	3% 3%, plus 1% value addition tax 3% 17% 3%
	Fabric, including grey fabric (i)        Import for in-house consumption by registered manufacturers of the five sectors mentioned in condition (i) below   (ii)      Commercial imports   (iii)    Supplies	Respective Headings	3% 3%, plus 1% value addition tax 3%
	Processed goods, including fabrics Processing of goods owned by other persons, by registered manufacturers of the five sectors mentioned in condition (i) below.	Respective Headings	3% of the processing charges
	Locally manufactured finished articles of (a) textiles and textile made-ups.(b) leather and artificial leather Supplies to any person, including retail sales	Respective Headings	5%
	Imported finished goods ready for use by the general public (i)                 Import (ii)               Supply thereof	Respective Headings	17%, plus 2% value addition tax 17%.

We are of the view that further tax leviable under section 3(1A) shall be applicable on supplies made to unregistered persons, in respect of items covered by SRO 1125(I)/2011 as well.