S.R.O. 172(I)/94, dated 1st March, 1994

SROS: S.R.O. 172(I)/94, dated 1st March, 1994 S.R.O. 172(I)/94, dated 1st March, 1994:- In exercise of the powers conferred by clause(c) of section 21 of the Customs Act, 1969(IV of 1969), and sub-section(2) of section 10 of the Sales Tax Act, 1990, and in supersession of its Notification No. S.R.O. 623(I)/81, dated the 21st June, 1981, and S.R.O. 155(I)/85, dated the 19th February, 1985, the Central Board of Revenue is pleased to authorize repayment of customs-duties and refund of sales tax to the extent specified in columns(3) and(4), respectively, of the table below paid on the importation of the raw materials specified in column(1) of the said table and used in the production or manufacture of the goods specified in column(2) thereof, subject to the following conditions, namely:- (i) the manufactured goods are exported out of Pakistan and an application for repayment of customs-duties and refund of sales tax is presented to the proper officer of Customs within two hundred and ten days of such exportation or of the publication of this Notification, whichever is the later; (ii) the exporter makes a declaration on the reverse of the original shipping bill or other export documents…