S.R.O. 554(I)/2008, Islamabad, the 11th June, 2008

SROS: S.R.O. 554(I)/2008, Islamabad, the 11th June, 2008 GOVERNMENT OF PAKISTAN MINISTRY OF FINANCE, REVENUE AND ECONOMIC AFAIRS (REVENUE DIVISION) NOTIFICATION CUSTOMS S.R.O. 554(I)/2008, Islamabad, the 11th June, 2008:- In exercise of the powers conferred by section 19 of the Customs Act, 1969(IV of 1969), and clause(a) of sub-section(2) of Section 13 of the Sales Tax Act, 1990, the Federal Government is pleased to direct that the following further amendments shall be made in its Notification No. S.R.O. 575(I)/2006, dated the 5th June, 2006, namely:- In the aforesaid Notification, - (a) for the letters CBR, wherever occurring, the letters FBR shall be substituted; (b) for condition(i), the following shall be substituted, namely:- (i). the imported goods as are not listed in the locally manufactured items, notified through a Customs General Order issued by the Federal Board of Revenue(FBR) from time to time or, as the case may be, certified as such by the Engineering Development Board. This condition shall, however, not be applicable in respect of S. Nos. 1, 2, 6, 15, 20, 28, 29 and 31 of the Table; and for such machinery, equipment and other capital goods imported as plant for setting up of a new industrial units provided the import is made against a valid contract or an irrevocable letter of credit for a minimum C F value of US $ 50 millions; (c) the condition(ia) and the entry relating thereto shall be omitted; (d) in the Table, in column(1),- (i) against S. No. 1,- (a) in column(2),- (i) under heading (C), against entry (5), in column (3), after the figure 8432.4000 the figure 8432.8090 shall be added; and (ii) under heading (D), against entry (2), in column (3), after the figure 8424.8100 the figure 8424.2010 shall be added; (ii) against S. No. 4, in column(2) after entry(15), the following new entries and the corresponding entries relating thereto in column (3) shall be added, namely:- 16. Parts, voice cards. 8517.7000 17. Other(digital call recorders) 8519.8990 18. VAST terminals 8525.6040; (iii) against S. No. 7,- (a) in column (5), for the word Nil the following shall be substituted, namely:- Locally manufactured goods of description as specified in…