S.R.O. 268(I)/2015, Islamabad, the 2nd April, 2015

Exemption on coal mining equipment and machinery including vehicles for site use GOVERNMENT OF PAKISTAN MINISTRY OF FINANCE, REVENUE AND ECONOMIC AFFAIRS (REVENUE DIVISION) *** Islamabad, the 2nd April, 2015. NOTIFICATION (CUSTOMS) S.R.O. 268(I)/2015.- In exercise of the powers conferred by Section 19 of the Customs Act, 1969 (IV of 1969), the Federal Government is pleased to exempt coal mining equipment and machinery including vehicles for site use, if not manufactured locally, imported for Thar Coal Field from whole of customs duty subject to the following conditions, namely:- (i) The exemption shall be available to those Mining Companies or their authorized operators or contractors who hold permits, licences, leases and who enter into agreements with the Government of Pakistan or a Provincial Government; (ii) The goods shall not be sold or otherwise disposed of without prior approval of the Board and the payment of customs duties and taxes leviable at the time of import. These shall, however, be allowed to be transferred to other entitled mining companies with prior approval of the Board; and (iii) The Chief Executive, or the person next in hierarchy duly authorized by the Chief Executive or Head of the importing company shall certify in the prescribed manner and format as per Annex-A that the imported items are the company's bonafide requirement. He shall furnish all relevant information online to Pakistan Customs Computerized System against a specific user ID and password obtained under Section 155D of the Customs Act, 1969 (IV of 1969). In already computerized Collectorates or Customs stations where the Pakistan Customs Computerized System is not operational, the Director Reforms and Automaton or any other person authorized by the Collector in this behalf shall enter the requisite information in the Pakistan Customs Computerized System on daily basis, whereas entry of the data obtained from the customs…