Income Tax Rules, 2002

CHAPTER-IX

DIVISION III EXEMPTION AND REDUCED RATE CERTIFICATES

From: 2023-11-01 - To: 0000-00-00 40D. Import under an Exemption Certificate.- (1) A taxpayer eligible under sub-section (1) of section 159 of the Ordinance may submit an application to the Commissioner for an exemption certificate through Iris, and submit supporting documents and data in electronic form: Provided that till such time Iris is enabled for the purpose of this sub-rule, the application and supporting documents and data may be submitted manually to the Commissioner. (2) On receipt of a complete application along with the documents prescribed under sub-rule (1), the Commissioner may carry out such verification as he may consider necessary to ascertain, inter alia, whether- (a) such goods are relevant to the activity of the taxpayer whose income is exempt from tax under the Ordinance or is subject to hundred…