S.R.O. 577(I)/2005, Islamabad, the 6th June, 2005

SROS: S.R.O. 577(I)/2005, Islamabad, the 6th June, 2005 GOVERNMENT OF PAKISTAN MINISTRY OF FINANCE, ECONOMIC AFFAIRS, STATISTICS REVENUE (REVENUE DIVISION) NOTIFICATION (CUSTOMS) In exercise of the powers conferred by section 19 of the Customs Act, 1969(IV of 1969), clause(a) of sub-section(2) of section 13 of the Sales Tax Act, 1990, 1[and] sections 148 and 53 read with the Second Schedule to the Income Tax Ordinance, 2001(XLIX of 2001), 1[omitted] and in super-session of its Notification No. S.R.O. 932(I)/2004, dated the 20th November, 2004, the Federal Government is pleased to exempt old and used automotive vehicles 3[of Asian makes] meant for transport of persons, specified in column(2) of the Table below, falling under PCT heading No. 87.03 of the First Schedule to the Customs Act, 1969(IV of 1969), on the imports from so much of the customs duty, sales tax 1[and] withholding tax 1[omitted] as are in excess of the cumulative amount specified in column (3) thereof. 1 3 [TABLE ___________________________________________________________________________ S. No. Automotive vehicles of Asian makes Duty and taxes in US$ or equivalent meant for transport of persons. amount in Pak rupees. ___________________________________________________________________________ (1) (2) (3)…