S.R.O. 501(I)/2006, dated 31st May, 2006

SROS: S.R.O. 501(I)/2006, dated 31st May, 2006 EXEMPTION FROM SALES TAX ON IMPORT OF PLANT, MACHINERY AND EQUIPMENT Notification No. S.R.O. 501(I)/2006, dated 31st May, 2006:- In exercise of the powers conferred by clause(a) of sub-section(2) of section 13 of the Sales Tax Act, 1990, the Federal Government is pleased to exempt from the whole of sales tax chargeable on plant, machinery and equipment imported under the Customs Notification No. S.R.O. 27(1)/98, dated the 17th January, 1998, by the importers-cum-manufacturers who failed to achieve targets of value addition or exports, as specified in the aforesaid Notification, and availed…