(SALES TAX) SRO 497(I)/2004

Text of (SALES TAX) SRO 497(I)/2004.

GOVERNMENT OF PAKISTAN
MINISTRY OF FINANCE, ECONOMIC AFFAIRS,
STATISTICS AND REVENUE
(REVENUE DIVISION)

Islamabad, the 12th June, 2004

NOTIFICATION
(SALES TAX)
SRO 497(I)/2004.- In exercise of the powers conferred by sub-section
(1) of section 13 of the Sales Tax Act, 1990, read with serial No. 44 of the Sixth Schedule thereof, the Federal Government is pleased to exempt from payment of sales tax, plant and machinery, falling under chapter 84 or 85 of the First Schedule to the Customs Act, 1969, excluding such imported plants and machinery as are manufactured locally. The plant and machinery purchased or imported under this Notification shall be used exclusively for the purpose mentioned in the Table below, namely:-

=======================================================================

TABLE

=======================================================================

(1)    (2)

-----------------------------------------------------------------------

1   Seafood industry (farming, catching, processing and preservation

of fish, shrimp and other marine products).

2   Fruits, vegetables and flower grading, processing, packing and

preservation.

3   Treatment and disposal of toxic and hazardous industrial wastes,

sewerage, effluent or solid waste management, water purification or

desalination plant.

4   Dairy and dairy products.

5   Rice, grain and dried leguminous vegetables.

6   Sulphurous acid generators SAG-10 meant for de-alkanization of soil

7   Livestock, poultry farming, meat processing, preservation and

packing.

=======================================================================

[C. No. 1/33-STB/2004]
(Shahid Ahmad)
Additional Secretary
Copyright Business Recorder, 2004