S.R.O. 771(I)/96, dated 14th September, 1996

SROS: S.R.O. 771(I)/96, dated 14th September, 1996 S.R.O. 771(I)/96, dated 14th September, 1996:- 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. the Central Board of Revenue is pleased to authorize repayment of customs-duty and refund of sales tax paid on the import of raw cotton and used in the manufacture and export of yarn/fabrics/gannents/made-ups to the extent fixed by the Central Board of Revenue in each case subject to the conditions, namely:- (i) The manufactured goods are exported out of Pakistan and an application for repayment of customs duty 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 later; (ii) the exporter makes a declaration on the face of the original shipping bill and other export documents to the effect that he would claim repayment of the customs-duties and refund of sales tax paid on the imported cotton used in the manufacture of yarn/fabrics/garments/made-ups being exported; (iii) in case of importer-cum-exporter, he shall submit an application alongwith triplicate copy of the relevant bill of entry, other import related documents and a certificate from All Pakistan Textile Mills Association endorsing the claim to the Collector of Customs concerned for determination of rates of repayment of customs duty and refund of sales tax on the export of yarn/fabrics/garments/made-ups made from the imported cotton: Provided that in case the exporter has not himself imported the raw cotton and has purchased the same from some other importer, he shall submit an application alongwith photo copy of replacement sales tax invoice and the bill of entry duly certified by All Pakistan Textile Mills Association to the Collector for the purpose; (iv) the exporter shall be allowed repayment of customs duty and refund of sales tax under this notification only if…