S.R.O. 489(I)/2006, dated 26th May, 2006

SROS: S.R.O. 489(I)/2006, dated 26th May, 2006 EXEMPTION FROM CAPITAL VALUE TAX ON(01) TOYOTA HILUX, 4X4 SINGLE CABIN PICKUP IMPORTED FOR SUI GAS FIELD BY M/S. PAKISTAN PETROLEUM LIMITED(PPL), KARACI-II, SUBJECT TO CERTAIN CONDITION Notification No. S.R.O. 489(I)/2006, dated 26th May, 2006:- In exercise of the powers conferred by sub-section(10) of section 7 of the Finance Act, 1989(V of 1989), the Federal Government is pleased to exempt M/s. Pakistan Petroleum Limited(PPL), Karachi from the payment of Capital Value Tax in respect of the following(01) Toyota Hilux, 4x4 Single Cabin Pickup imported for Sui Gas Field subject to the condition that the said vehicles shall exclusively be…