S.R.O. 77(I)/95, Islamabad, the 19th January, 1995

SROS: S.R.O. 77(I)/95, Islamabad, the 19th January, 1995 EXEMPTION FROM SALES TAX ON SUPPLIES OF END PRODUCTS MADE BY THE MANUFACTURERS OR PRODUCERS OF ALL SUCH INDUSTRIAL UNITS, SET UP IN THE SPECIAL INDUSTRIAL ZONES Notification No. S.R.O. 77(I)/95, dated 19th January, 1995.”In exercise of the powers conferred by sub-section (1) of section 13 of the Sales Tax Act, 1990, the Federal Government is pleased to direct that supplies of end products made by the manufacturers or producers of all such industrial units, excluding those specified in the Table below, which are not already in existence till the date of issue of this notification and have been set up in the Special Industrial Zones, to be notified later by the Federal Government, shall be exempt from the sales tax payable under the said Act for a period of eight years from the date the industrial unit is set up: Provided that exemption under this notification shall be available to only such industrial units which have opened letters of credit for the import of plant and machinery upto the 1[31st January, 1996]: Provided further that such an industrial unit commences its commercial production upto the 2[31st December, 2002]. Explanation.”For the purposes of this notification, the expression set up shall mean the date on which the industrial unit commences its production, including trial production which date shall be intimated, in writing, by the manufacturer or producer to the 3[Assistant Collector of Sales Tax] having jurisdiction in the area at least fifteen days before commencing such production but shall not include the date of expansion, balancing, modernization or replacement of such unit. TABLE S.…