Pakistan has announced tariff concessions on import of 118 items from Sri Lanka, including components for assembly/manufacture of vehicles, specially designed twin cabin taxis in CBU condition and import of agricultural tractors' components, with effect from September 16, 2006.
Under the notification, the extent of tariff concession would be 34 percent on import of these auto parts/components, whereas, the government will charge customs duty at concessional rate of 67 percent on import of certain other goods from that country. However, no exemption of customs duty would be applicable on import of items specified in the'"No Concession List' of the notification.
The Central Board of Revenue (CBR) on Saturday amended SRO 570(I)/2005 of June 6, 2005 through SRO 1062(I)/2006 to notify concessional rate of customs duty on import of specific items from Sri Lanka.
Pakistan has already notified 100 percent tariff concession on import of 211 items from Sri Lanka under SRO 570(I)/2005. Similarly, the extent of tariff concession ranges between 35 and 100 percent on import of 29 items 'in specific quantity' from Sri Lanka, effective June 12, 2005.
According to the notification, the tariff concession would be applicable on import of goods from Sri Lanka in conformity with the 'rules of Determination of Origin of Goods under the Free Trade Agreement between the Pakistan and the Sri Lanka (Pakistan-Sri Lanka FTA Rules of Origin)' and the operating 'Certification Procedures for the Rules of Origin', notified by the Ministry of Commerce.
The 34 percent tariff concession would be applicable on import of following items from Sri Lanka:Reciprocating piston engines of a kind used for the propulsion of vehicles of chapter 87; components for assembly/manufacture of vehicles, in any kit form; sports utility vehicles (SUVs 4x4); components for assembly/manufacture of all-terrain vehicles (4x4), in any kit form; all-terrain vehicles (4x4); non-driving axles and parts thereof; components for assembly/manufacture of specially designed twin cabin type taxi of sub-heading 8703.3227; specially designed twin cabin type taxi in CBU, build on girder chassis with the following features: (1) Attack resistance central division along with payment tray, (2) Wheel chair compartment with folding ramp, (3) Taxi meter and two-way radio system and (4) Other standard accessories; crane lorries; mobile drilling derricks; fire fighting vehicles; concrete- mixer lorries; chassis fitted with engines, for the motor vehicles of headings 87.01 to 87.05; safety seat belts for motor cars of heading 87.03 and vehicles of sub-headings 8703.2113, 8703.2193, 8703.3223, 8703.3225, 8704.2190 and 8704.3190.
Following components for vehicles of heading 87.01 (1) Axle shaft assembly for brakes and parts thereof (other than those for disc brakes) for tractors of sub-heading 8701.9020 (2) Brake assembly for tractors of sub-heading 8701.9020, (3) Brake bands for tractors of sub-heading 8701.9020 (4) Brake drums and air/vacuum tanks for vehicles of sub-heading 8701.2020, 8701.2090, 8701.9040 and 8701.9060, (5) Brake drums for tractors of sub-heading 8701.9020 (6) Brake pedal assemblies and parts thereof for tractors of sub-heading 8701.9020 (7) Cam shafts for brake for tractors of sub-heading 8701.9020 (8) Cross shaft assembly and parts thereof for tractors of sub - heading 8701.9020 (9) Lever assembly for parking brake/hand brake (4x2 vehicles only) for vehicles of sub-heading 8701.2020, 8701.2090, 8701.9040 and 8701.9060 (10) Rod and yoke assembly and parts thereof for tractors of sub-heading 8701.9020; drive-axles with differential, whether or not provided with other transmission components: built up drive axles with hub and brake drum for vehicles of 'sub-headings 8701.2090, 8702.1090, 8702.9090, 8704.2219, 8704.2299 and 8704.2390; gear boxes for agricultural tractors of sub-heading 8701.9020; road wheels and parts and accessories thereof; road wheels (complete), rims (excluding casted), caps, ornaments and weights for motor cars of heading 87.03 and vehicles of sub-headings 8703.2113, 8703.2193, 8703.3223, 8704.2190, 8704.3190 and 8703.2115; suspension shock-absorbers for motor cars of heading 87.03 and vehicles of sub-headings 8703.2113, 8703.2193, 8704.2190, 8704.3190 and 8703.2115; silencers, mufflers and exhaust pipes for motor cars of heading 87.03 and vehicles of sub-headings 8703.2113, 8703.2193, 8703.3223, 8704.2190, 8704.3190, 8703.2115 and 8703.3225; upper and lower plates for clutch housing (other than clutch plate) of a kind used with engines not exceeding 1200 cc for motor cars of heading 87.03 and vehicles of sub-heading 8703.2113 and 8704.3190; steering wheels (non air bag/non PU foamed type) for motor cars of heading 87.03 not exceeding 1200cc and vehicles of sub-headings 8703.2113, 8703.2193 and 8704.3190; steering knuckle arm left and steering drag link for vehicles of sub heading 8704.2190; bracket steering gear box for vehicles of sub-heading 8703.2113; steering wheels, steering columns and steering boxes for vehicles of sub-heading 8703.2115; following components, of agricultural tractors of sub-heading 8701.9020 (1) Adapter plate/engine mounting bracket, (2) Adapter for techo meter drive (for tractors up to 80 HP), (3) Air cleaner housing assembly and parts thereof, (4) Air intake pipes / tubes (for tractors up to 80 HP), (5) Anchor for check chain, (6) Anchor plate, (7) Angle drive, (8) Arm for hydraulic lift, (9) Arm lift ram for hydraulic mechanism, (10) Axle arm for front axle, (11) Balls (Cat I and II); battery retainer assembly and parts thereof and other components of agricultural tractors specified in the notification; for the vehicles of heading 87.03.
Following components for motor cars of heading 87.03, (1) Air cleaner housing assembly and parts thereof, (2) Arms for fan belt adjusting, (3) Bracket for generator, (4) Bracket for holding jack, (5) Bracket for jacking (for vehicles upto 1200 cc), (6) Bracket for stabilising bar (for vehicles upto 1200 cc), (7) Bracket front seat inside (for vehicles upto 1200 cc), 8) Bracket parking lever, (9) Cable assembly for choke and parts thereof, (10) Cable for heater/air vent control and parts thereof (for vehicles up to 800 cc), (11) Cable for hood latch release and parts thereof, (12) Cables for opening fuel lid and parts thereof, (13) Cables for opening trunk latch and parts thereof and other components for motor cars; hubs, other than coaster braking hubs and hub brakes, and free-wheel sprocket-wheels; pedals and crank-gear, and parts thereof; baby carriages and parts thereof; tanker trailers and tanker semi-trailers and 34 percent tariff concession would be applicable on the import of other items from Sri Lanka as specified in the notification.
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