ORDINANCE NO.
I OF 2014
GILGIT-BALTISTAN
SERVICE TRIBUNAL (AMENDMENT) ORDINANCE 2014
An
Ordinance further to amend the Gilgit-Baltistan Service Tribunal Act, 2010 (Act
No. IX of 2010)
[Gazette
of
PREAMBLE.WHEREAS it is expedient further to
amend the Service Tribunal Act, 2010 in the manner hereinafter appearing.
AND WHEREAS the GB Legislative Assembly of
Gilgit-Baltistan is not in Session and the Governor of Gilgit-Baltistan is
satisfied that circumstances exist which render it necessary to take immediate.
NOW, THEREFORE, in exercise of the powers
conferred by Article 59 of the Gilgit-Baltistan (Empowerment & Self
Governance) Order, 2009, the Governor of Gilgit-Baltistan is pleased to make
and promulgate the following Ordinance.
1. Short title and Commencement.(1) This Ordinance may be called the
Gilgit-Baltistan Service Tribunal (Amendment) Ordinance, 2014 (Ordinance No. l
of 2014).
(2) It
shall come into force at once.
2. Substitution
of sub-section (3) of Section 3 of the Service Tribunal Act 2010; In sub-section
(3) of Section 3 the following shall be substituted namely.
(3) A
Tribunal shall consist of:--
Chairman and members being persons who have been qualified to
be Judge of Chief Court or Civil Servants who have held office in the service
of Pakistan/Gilgit-Baltistan in BS-19 and above.
3. Substitution of sub-section (4) of Section 3 of Service
Tribunals Act, 2010.In the Service Tribunals Act, 2010 for sub-section of Section
3, the following shall be substituted namely.
(3) Terms of Office (1) The Chairman and members of
the Service Tribunal shall be appointed by the Governor for terms of three
years:
Provided that a member/Chairman may be
reappointed for another term not exceeding two years.
(2) A
Member /Chairman may resign his office in writing under his hand addressed to
Governor.
(3) A
Member/Chairman shall cease to hold office on completion of his term.
(4) (1)
A member/Chairman shall not be removed during the term of office except in the
manner hereinafter provided;
(2) If
the Governor is of the opinion that a member /Chairman;
(a) may
have been guilty of misconduct or
(b) may be incapable of
properly performing the duties of his office by reason for physical or mental
incapacity.
The Governor shall appoint a Judge of the
(5) If
after Inquiring into the matter the Judge reports to the Governor that he is of
the opinion that the member/Chairman has been guilty of misconduct or is
incapable of performing the duties of his office the Governor may remove the
member/Chairman from office.
4. Substitution
of Serial No. l of FIRST SCHEDULE PART-1 of the Service Tribunal Act, 2010 the
following shall be substituted namely:
(1) Maximum Age for appointment as member/ Chairman.A person who is not more than sixty five
years of age shall be appointed Chairman/member.
(5)
Substitution of Serial No. 4 of the
FIRST SCHEDULE PART-I of the Gilgit-Baltistan Service Tribunal Act, 2010.In the Service Tribunals Act, 2010 for Serial
No. 4(l), a, b (2) of the first schedule part-I, the following shall be
substituted namely:
(4) Allowance and other privileges of the Chairman
and members of the Gilgit-Baltistan Service Tribunal shall be in accordance
with Schedule IV of the Service Tribunals Act, 2010.
SCHEDULE-IV
Salary Allowances & Utilities
S.No.
|
Items |
Chairman |
Member |
1. |
Salary |
200000/- |
170000/- |
2. |
House Rent Allowance |
70000/- |
60000/- |
3. |
Utility Allowance |
20000/- |
15000/- |
|
Total |
290000/- |
245000/- |
Facilities
S.No.
|
Items |
Chairman |
Member |
1. |
One Shaufar driven car maintained at the
Government for official and Private use. |
1300 CC Capacity |
1300 CC Capacity |
2. |
Petrol Limit |
300 liter per month |
270 liter per month |
-------------------------
ACT No. IX
OF 2014
FINANCE ACT,
2014
An
Act to give effect to the financial proposals of the Federal Government for the
year beginning on the first day of July, 2014 and to amend and enact certain
laws
[Gazette
of
No.
F. 22 (11)/2014-Legis.The
following Act of Majlis-e-Shoora (Parliament) received the assent of the
President on the 25th June. 2014 and is hereby published for general
information:
WHEREAS it is expedient to make provisions to
give effect to the financial proposals of the Federal Government for the year
beginning on the first day of July, 2014 and to amend certain laws for the
purposes hereinafter appearing;
It is hereby enacted as follows:
1. Short title, extent and commencement.(1) This Act may be called the Finance Act, 2014.
(2) It
extends to the whole of
(3) It
shall come into force from the first day of July, 2014, except sub-sections
(11) and (12) of Section 2 and sub- sections (2), (9), (10), (11) and (12) of Section
4 which shall have effect from the next day of assent given to this Act by the
President of the Islamic Republic of Pakistan.
2. Amendments of Act IV of 1969.--In the Customs Act, 1969 (IV of 1969), the
following further amendments shall be made, namely:
(1) in
Section 2,
(a) for
clause (k), the following shall be substituted, namely:
"(k) "customs-station" means any
customs-station, customs-airport, an inland river port, land customs-station or
any place declared as such under Section 9;"; and
(b) clause
(m) shall be omitted;
(2) in
Section 7, for the word "Central", the word "Federal" shall
be substituted;
(3) in
Section 18, after sub-section (1), the following new sub-section shall be
inserted, namely:
"(1A) Notwithstanding
anything contained in sub-section (1), customs duties shall be levied at such
rates on import of goods or class of goods as are prescribed in the Fifth
Schedule, subject to such conditions, limitations and restrictions as
prescribed therein.";
(4) in
Section 18A, for the words, figures and brackets "Central Excises and Salt
Act, 1944 (I of 1944)", the words and figures "the Federal Excise
Act, 2005" shall be substituted;
(5) in
Section 25,
(a) in
sub-section (5), clause (d) shall be omitted; and
(b) in
sub-section (6),
(i) for the comma, occurring for eighth
time, the word "and" shall be substituted; and
(ii) the word, letter and brackets "and
(d)" shall be omitted;
(6) in
Section 32, in sub-sections (2), (3) and (3A), after the word "duty",
the comma and word ", taxes" shall be inserted;
(7) in
Section 80, in sub-section (3), after the word "duty", the comma and
the words ", taxes and other charges levied thereon" shall be inserted;
(8) in
Section 81, in sub-section (1),
(a) in
the first proviso, after the word "duty", the comma and words
",taxes and other charges" shall be inserted; and
(b) in
the second proviso, for the word "tax", the words "taxes and
other charges" shall be substituted;
(9) in
Section 185B, for clause (a), the following shall be substituted, namely:
"(a) no
court other than the Special Judge having jurisdiction shall try an offence
punishable under this Act, except the offences relating to narcotics and
narcotic substances which shall be tried by the Special Courts established
under the Control of Narcotic Substances Act, 1997 (XXV of 1997);";
(10) in
Section 194, in sub-section (3),
(a) for
the words "Customs and Excise Group", the words "Pakistan
Customs Service" shall be substituted; and
(b) for
the word "five", the word "three" shall be substituted;
(11) the
amendments set out in the First Schedule to this Act shall be made in the First
Schedule to the Customs Act, 1969 (IV of 1969); and
(12) the
provisions in the Second Schedule to this Act shall be added as the Fifth
Schedule to the Customs Act, 1969 (IV of 1969).
3. Amendment of Act XXVII of 1974.In the Members of Parliament (Salaries and
Allowances) Act, 1974 (XXVII of 1974), in Section 4, in sub-section (1), for
the words "seven hundred and fifty", the words "two
thousand" shall be substituted.
4. Amendments of the Sales Tax Act, 1990.In the Sales Tax Act, 1990, the following
further amendments shall be made, namely:
(1) in
Section 2, in clause (27), for the semicolon at the end a colon shall be
substituted, and thereafter the following proviso shall be added, namely:
"Provided that the Board may through a
general order specify zones or areas for the purpose of determination of
highest retail price for any brand or variety of goods;";
(2) in
Section 3,
(i) in
sub-section (2),
(a) in clause (a), in the proviso, the word
"and", at the end, shall be omitted; and
(b) after clause (a), amended as aforesaid,
the following new clause (aa) shall be inserted, namely:
"(aa)
goods specified in the Eighth Schedule shall be charged to tax at such rates
and subject to such conditions and limitations as specified therein; and";
(ii) after
sub-section (3A), the following new sub-section shall be inserted, namely:
"(3B)
Notwithstanding anything contained in sub-sections (1) and (3), sales tax on
the import and supply of the goods specified in the Ninth Schedule to this Act
shall be charged, collected and paid at the rates, in the manner, at the time,
and subject to the procedure and conditions as specified therein or as may be
prescribed, and the liability to charge, collect and pay the tax shall be on
the persons specified therein.";
(iii) for
sub-section (8), the following shall be substituted, namely:
"(8)
Notwithstanding anything contained in any law or notification made thereunder,
in case of supply of natural gas to CNG stations, the Gas Transmission and
Distribution Company shall charge sales tax from the CNG stations at the rate
of seventeen per cent of the value of supply to the CNG consumers, as notified
by the Board from time to time, but excluding the amount of tax, as provided in
clause (46) of Section 2.";
(iv) after
sub-section (8), substituted as aforesaid, the following new sub-section shall
be added, namely:
"(9)
Notwithstanding anything contained in sub-section (1), tax shall be charged
from retailers through their monthly electricity bills, at the rate of five per
cent where the monthly bill amount does not exceed rupees twenty thousand and
at the rate of seven and half per cent where the monthly bill amount exceeds
the aforesaid amount, subject to the exclusions, procedure, restrictions and
limitations as prescribed in Chapter II of the Sales Tax Special Procedure
Rules, 2007:
Provided
that the tax under this sub-section shall be in addition to the tax payable on
supply of electricity under sub-sections (1), (1A) and (5).";
(3) in
Section 3B, for sub-section (2), the following shall be substituted and shall
be deemed to have been always so substituted, namely:
"(2) Notwithstanding anything contained
in any law or judgment of a court, including the Supreme Court and a High
Court, any amount payable to the Federal Government under sub-section (1) shall
be deemed to be an arrear of tax or charge payable under this Act and shall be
recoverable accordingly and any claim for refund in respect of such amount
shall neither be admissible to the registered person nor payable to any court
of law or to any person under direction of the court.";
(4) in
Section 4, in clause (d), for the words "zero-rated goods", the words
"goods at reduced rate of sales tax" shall be substituted;
(5) in
Section 7, in sub-section (1),
(a) for
the word "section", occurring for the first time, the words and
figure "sections 8 and" shall be substituted; and
(b) after
the words "output tax", the commas, words, brackets and figures
", excluding the amount of further tax under sub-section (1A) of Section 3,"
shall be inserted;
(6) in
Section 8, in sub-section (1),
(i) in
clause (d), the word "and", at the end, shall be omitted;
(ii) after
clause (e), for full stop at the end a semicolon shall be substituted and
thereafter the following new clauses shall be added, namely:
"(f) goods and services not related to the
taxable supplies made by the registered person;
(g) goods and services acquired for personal
or non-business consumption;
(h) goods used in, or permanently attached
to, immoveable property, such as building and construction materials, paints,
electrical and sanitary fittings, pipes, wires and cables, but excluding such
goods acquired for sale or re-sale or for direct use in the production or
manufacture of taxable goods; and
(i) vehicles falling in Chapter 87 of the
First Schedule to the Customs Act, 1969 (IV of 1969), parts of such vehicles,
electrical and gas appliances, furniture, furnishings, office equipment
(excluding electronic cash registers), but excluding such goods acquired for
sale or re-sale.";
(7) in
Section 40B, after the proviso, the following explanation shall be added,
namely:
"Explanation.For the removal of doubt, it is declared that
the powers of the Board, Chief Commissioner and Commissioner under this section
are independent of the provisions of Section 40.";
(8) after
Section 50A, the following new section shall be inserted, namely:
"50B.
Electronic scrutiny and intimation.(1) The Board may implement a computerized system for the purpose of
automated scrutiny, analysis and cross-matching of returns and other available
data relating to registered persons and to electronically send intimations to
such registered persons about any issue detected by the system.
(2) The
intimation sent by the computerized system under sub-section (1) shall be in
the nature of an advice or advance notice, aimed at allowing the registered
person to clarify the issue, rectify any mistake or take other corrective
action before any legal or penal action is initiated.
(3) The
computerized system shall be so implemented so as to keep record of the issues
detected, intimations sent, responses received and actions taken, and to
present such information to the officer of Inland Revenue and to the Board in
the prescribed manner.
(4) The
Board may prescribe procedures and specifications for the smooth and efficient
operation of the computerized system.";
(9) in
the Fifth Schedule, in column (1), after Serial No. 8 and entries relating
thereto in column (2), the following new serial numbers and entries relating
thereto shall be added, namely:
"9. Goods
exempted under Section 13, if exported by a manufacturer who makes local
supplies of both taxable and exempt goods.
10. Petroleum
Crude Oil (PCT heading 2709.0000).
11. Raw
materials, components, sub-components and parts, if imported or purchased
locally for use in the manufacturing of such plant and machinery as is
chargeable to sales tax at the rate of zero percent, subject to the condition
that the importer or purchaser of such goods holds a valid sales tax registration
showing his registration category as "manufacturer"; and in case of
import, all the conditions, restrictions, limitations and procedures as are
imposed by notification under Section 19 of the Customs Act, 1969 (IV of 1969),
shall apply.
12. The
following goods and the raw materials, packing materials, sub-components,
components, sub-assemblies and assemblies imported or purchased locally for the
manufacture of the said goods, subject to the conditions, limitations and
restrictions as specified in Chapter XIV of the Sales Tax Special Procedure
Rules, 2007:--
(i) Colors
in sets (PCT heading 3213.1000)
(ii) Writing,
drawing and marking inks (PCT heading 3215.9010 and 3215.9090)
(iii) Erasers
(PCT heading 4016.9210 and 4016.9290)
(iv) Exercise
books (PCT heading 4820.2000)
(v) Pencil
sharpeners (PCT heading 8214.1000)
(vi) Geometry
boxes (PCT heading 9017.2000)
(vii) Pens, ball pens, markers
and porous tipped pens (PCT heading 96.08)
(viii) Pencils
including color pencils (PCT heading 96.09)
(ix) Milk including flavored
milk (PCT heading 04.01 and 0402.9900)
(x) Yogurt (PCT heading
0403.1000)
(xi) Cheese (PCT heading
0406.1010)
(xii) Butter (PCT heading
0405.1000)
(xiii) Cream (PCT heading 04.01
and 04.02)
(xiv) Desi ghee (PCT heading
0405.9000)
(xv) Whey (PCT heading 04.04)
(xvi) Milk and cream,
concentrated and added sugar or other sweetening matter (PCT heading 0402.1000)
(xvii) Preparations for infant use
put up for retail sale (PCT heading 1901.1000)
(xviii) Fat filled milk (PCT
heading 1901.9090)
(xix) Bicycles (PCT heading
87.12).";
(10) in
the Sixth Schedule,
(i) in Table-1, in column (1),
(a) against Serial No. 24, in column (3), after the
figure and comma, "1510.0000," the figure and comma "1511.1000,"
shall be inserted;
(b) against Serial No. 59, in column (2)
after the word, "solution", the comma and words ",cochlear
implants system", and in column (3), after the figure "99.25",
the comma and figure ", 99.37" shall respectively be inserted; and
(c) after Serial No. 71 and the entries relating
thereto in columns (2) and (3), the following new Serial Nos. and entries
relating thereto shall be added, namely:
72 |
Uncooked poultry meat |
02.07 |
73 |
Milk and cream |
04.01 and 04.02 |
74 |
Flavored milk |
0402.9900 |
75 |
Yogurt |
0403.1000 |
76 |
Whey |
04.04 |
77 |
Butter |
0405.1000 |
78 |
Desi ghee |
0405.9000 |
79 |
Cheese |
0406.1010 |
80 |
Processed cheese not grated or powdered |
0406.3000 |
81 |
Cotton seed |
1207.2000 |
82 |
Frozen, prepared or preserved sausages and similar products of poultry
meat or meat offal |
1601.0000 |
83 |
Meat and similar products of prepared, frozen or preserved meat or
meat offal of all types including poultry meat and fish |
1602.3200, 1602.3900, 1602.5000, 1604.1100, 1604.1200, 1604.1300,
1604.1400, 1604.1500, 1604.1600, 1604.1900, 1604.2010, 1604.2020, 1604.2090,
1604.3000 |
84 |
Preparations for infant use, put up for retail sale |
1901.1000 |
85 |
Fat filled milk |
1901.9090 |
86 |
Colours in sets (Poster colours) |
3213.1000 |
87 |
Writing, drawing and marking inks |
3215.9010 and 3215.9090 |
88 |
Erasers |
4016.9210 and 4016.9290 |
89 |
Exercise books |
4820.2000 |
90 |
Pencil sharpeners |
8214.1000 |
91 |
Energy saver lamps |
8539.3910 |
92 |
Sewing machines of the household type |
8452.1010 and 8452.1090 |
93 |
Bicycles |
87.12 |
94 |
Wheelchairs |
8713.1000 and 8713.9000 |
95 |
Vessels for breaking up |
89.08 |
96 |
Other drawing, marking out
or mathematical calculating instruments (geometry box) |
9017.2000 |
97 |
Pens and ball pens |
96.08 |
98 |
Pencils including colour
pencils |
96.09 |
99 |
Compost (non-chemical
fertilizer) produced and supplied locally |
Respective headings |
100 |
Construction materials to
Gawadar Export Processing Zone's investors and to Export Processing Zone
Gawadar for development of Zone's infrastructure |
Respective headings |
101 |
Raw and pickled hides and skins,
wet blue hides and skins, finished leather, and accessories, components and
trimmings, if imported by a registered leather goods manufacturer, for the
manufacture of goods wholly for export, provided that conditions, procedures
and restrictions laid down in rules 264 to 278 of the Customs Rules, 2001 are
duly fulfilled and complied with. |
Respective headings |
102 |
Machinery, equipment and
materials imported either for exclusive use within the limits of Export
Processing Zone or for making exports therefrom, and goods imported for
warehousing purpose in Export Processing Zone, subject to the conditions that
such machinery, equipment, materials and goods are imported by investors of
Export Processing Zones, and all the procedures, limitations and restrictions
as are applicable on such goods under the Customs Act, 1969 (IV of 1969) and
rules made thereunder shall mutatis mutandis, apply. |
Respective headings |
103 |
Import and supply thereof,
up to the year 2020, of ships of gross tonnage of less than 15 LDT and all
floating crafts including tugs, dredgers, survey vessels and other
specialized crafts purchased or bare-boat chartered by a Pakistan entity and
flying the Pakistan flag, except ships or crafts acquired for demolition
purposes or are designed or adapted for use for recreation or pleasure
purposes, subject to the condition that such ships or crafts are used only
for the purpose for which they were procured, and in case such ships or
crafts are used for demolition purposes within a period of five years of their
acquisition, sales tax applicable to such ships purchased for demolition
purposes shall be chargeable. |
Respective headings |
104 |
Substances registered as
drugs under the Drugs Act, 1976 (XXXI of 1976) and medicaments as are
classifiable under Chapter 30 of the First Schedule to the Customs Act. 1969
(IV of 1969) except the following, even if medicated or medicinal in nature,
namely: |
Respective headings |
|
(a) filled
infusion solution bags imported with or without infusion giving sets; |
|
|
(b) scrubs,
detergents and washing preparations; |
|
|
(c) soft
soap or no-soap soap; |
|
|
(d) adhesive
plaster; |
|
|
(e) surgical
tapes |
|
|
(f) liquid
paraffin; |
|
|
(g) disinfectants;
and |
|
|
(h) cosmetics
and toilet preparations. |
|
105 |
Raw materials for the Basic
manufacture of pharmaceutical active ingredients and for manufacture of
pharmaceutical products, provided that in case of import, only such raw
materials shall be entitled to exemption which are liable to customs duty not
exceeding ten per cent advalorem, either under the First Schedule to the
Customs Act, 1969 (IV of 1969) or under a notification issued under Section 19
thereof. |
Respective headings |
106 |
Import of Halal edible offal
of bovine animals. |
0206.1000, 0206.2000,
0206.8000 and 0206.9000 |
107 |
Import and supply of iodized
salt bearing brand names and trademarks whether or not sold in retail
packing. |
2501.0010 |
108 |
Components or sub-components
of energy saver lamps, namely; |
|
|
(a) Electronic Circuit |
8539.9040 |
|
(b) Plastic Caps (Upper and Lower) |
8539.9040 |
|
(c) Base Caps B22 and E27 |
8539.9040 |
|
(d) Tungsten Filaments |
8539.9040 |
|
(e) Lead-in-wire |
8539.9040 |
|
(f) Fluorescent
Powder (Tri Band Phospher) |
3206.5010 |
|
(g) Adhesive Additive |
3824.9099 |
|
(h) Al-Oxide Suspension |
3824.9099 |
|
(i) Capping Cement |
3214.1050 |
|
(j) Stamp Pad Ink |
3215.9010 |
|
(k) Gutter for Suspension |
2850.0000 |
109 |
Goods imported temporarily
with a view to subsequent exportation, as concurred by the Board, including
passenger service item, provision and stores of Pakistani Airlines. |
Respective headings |
110 |
The following items with
dedicated use of renewable source of energy like solar and wind, subject to
certification by the Alternative Energy Development Board (AEDB), Islamabad: |
|
|
(a) Solar PV panels; |
8541.5000 |
|
(b) LVD induction lamps; |
8539.3990 |
|
(c) SMD,
LEDs with or without ballast, with fittings and fixtures; |
9405.1090 |
|
(d) Wind
turbines including alternators and mast; |
8502.3100 |
|
(e) Solar torches; |
8513.1040 |
|
(f) Lanterns and related instruments; |
8513.1090 |
|
(g) PV
modules along with related components, including inverters, charge
controllers and batteries. |
8541.4000, 8504.4090,
9032.8990 and 8507.0000 |
111 |
White crystalline sugar |
1701 9910 and 1701.9920 |
112 |
Following cardiology/cardiac
surgery, neurovascular, electrophysiology, endosurgery, endoscopy, oncology,
urology, gynaecology, disposables and other equipment: |
Respective headings |
|
A. ANGIOPLASTY
PRODUCTS 1. Coronary Artery Stents 2. Drugs Eluting Coronary Artery Stents 3. Coronary Artery Dilatation Catheters (Balloons) 4. PTCA Guide Wire 5. PTCA Guiding Catheters 6. Inflation Devices/Priority Packs B. ANGIOGRAPHY
PRODUCTS 1. Angiography Catheters 2. Sheaths 3. Guide Wires 4. Contrast Lines 5. Pressure Lines 6. Mannifolds C. CONTRAST MEDIA FOR ANGIOGRAPHY/
ANGIOPLASTY 1. Angiography Accessories 2. ASD Closure Devices 3. ASD Delivery Systems 4. VSD Closure Devices 5. VSD-Delivery System 6. Guide Wires 7. Sizing Balloons 8. Sizing Plates 9. PDA Closure Devices 10. PDA Delivery system D. TEMPORARY
PACEMAKERS (with leads, connectors and
accessories) E. PERMANENT
PACEMAKER (with
leads, connectors and accessories) F. HEART
FAILURE DEVICES (with
leads, connectors and accessories) G. IMPLANTABLE CARDIOVERTES (with
leads, connectors and accessories) H. CARDIAC ELECTROPHYSIOLOGY PRODUCTS
1. Electrophysiology catheters 2. Electrophysiology cables 3. Electrophysiology connectors I. LEAR CARDIOLOGY PRODUCTS 1. Radioactive isotopes 2. Cold kits (Cardioloite MAA, DTPA etc) J. CARDIAC SURGERY PRODUCTS 1. Oxygenators 2. Cannulas 3. Prosthetic Heart Valves 4. Luminal Shunts for heart surgery 5. Artificial limbs and appliances K. EQUIPMENT
1. Cardiac Angiography Machine 2. Echocardiography Machines 3. ETT Machines 4. Gamma
Camera for Nuclear cardiology studies L. PERIPHERAL INTERVENTIONS
EQUIPMENT Disposables and other
equipment for peripheral interventions including stents (including carotid
and wall stents), balloons, sheaths, catheters, guide wires, filter wires
coils, needles, valves (including rotating homeostatic valves), connecting
cables, inflation devices adaptors. |
|
113 |
High
Efficiency Irrigation Equipment (If used for agriculture sector) |
|
|
(1) Submersible
pumps (up to 75 lbs and head 150 meters) |
8413.7010 |
|
(2) Sprinklers
including high and low pressure (center pivotal) system, conventional
sprinkler equipment, water reel traveling sprinkler, drip or trickle
irrigation equipment, mint irrigation sprinkler system. |
8424.8100 8424.2010 |
|
(3) Air release valves, pressure gauges, water meters, back
flow preventers, and automatic controllers. |
8481.1000, 8481.3000,
9026.2000, 9032.8990 |
114 |
Green House Farming and
Other Green House Equipment. (If used for agriculture
sector) |
|
|
(1) Tunnel farming equipment. |
8430.3100, 8430.3900 |
|
(2) Green houses (prefabricated). |
9406.0010 |
115 |
Plant, machinery and
equipment imported for setting up fruit processing and preservation units in
Gilgit-Baltistan, Balochistan Province and Malakand Division upto the 30th
June, 2019 subject to the same conditions and procedure as are applicable for
import of such plant, machinery and equipment under the Customs Act, 1969 (IV
of 1969). |
Respective headings |
116 |
Plant, machinery and
equipment imported for setting up industries in FATA upto the 30th June, 2019
subject to the same conditions and procedure as are applicable for import of
such plant, machinery and equipment under the Customs Act, 1969 (IV of 1969). |
Respective headings.; |
(ii) in
TabIe-2, in column (1),
(a) against Serial No. 3, for the entry in
column (2), the following shall be substituted, namely:
"Supplies
made by cottage industry.";
(b) after the already omitted Serial No. 12,
the following new Serial Nos. and entries relating thereto in columns (2) and
(3) shall be added, namely:
13 |
Reclaimed lead, if supplied to recognized manufacturers of lead
batteries |
Respective headings |
14 |
Waste paper |
Respective headings |
15 |
(a) Sprinkler
Equipment (b) Drip Equipment (c) Spray Pumps and
nozzles |
Respective headings |
16 |
Raw cotton and ginned cotton |
Respective headings."; and |
(iii) after
Table-2, amended as aforesaid, the following new Table shall be added, namely:
"Table-3
The plant, machinery, equipment and
apparatus, including capital goods, specified in column (2) of the Annexure
below, falling under the HS Codes specified in column (3) of that Annexure,
shall be exempt from the whole of sales tax, subject to the following
conditions, besides the conditions specified in column (4) of the Annexure,
namely:
(i) the imported goods as are not listed in the locally
manufactured items, notified through a Customs General Order issued by the
Board from time to time or, as the case may be, certified as such by the
Engineering Development Board;
(ii) except for S. No. 9 and 14 of the Annexure, the Chief Executive,
or the person next in hierarchy duly authorized by the Chief Executive or Head
of the importing company shall certify in the prescribed manner and format as
per Annex-A that the imported items are the company's bonafide requirement. He
shall furnish all relevant information online to Pakistan Customs Computerized
System against a specific user ID and password obtained under Section 155D of
the Customs Act, 1969. In already computerized Collectorates or Customs
stations where the Pakistan Customs Computerized System is not operational, the
Project Director or any other person authorized by the Collector in this behalf
shall enter the requisite information in the Pakistan Customs Computerized
System on daily basis, whereas entry of the data obtained from the customs
stations which have not yet been computerized shall be made on weekly basis;
and
(iii) in case of partial shipments of machinery and equipment for
setting up a plant, the importer shall, at the time of arrival of first partial
shipment, furnish complete details of the machinery, equipment and components
required for the complete plant, duly supported by the contract, layout plan
and drawings:
Explanation.For
the purpose of Table-3, capital goods mean any plant, machinery, equipment,
spares and accessories, classified in Chapters 84, 85 or any other chapter of
the Pakistan Customs Tariff, required for
(a) the
manufacture or production of any goods and includes refractory bricks and
materials required for setting up a furnace, catalysts, machine tools, packaging
machinery and equipment, refrigeration equipment, power generating sets and
equipment, instruments for testing, research and development, quality control,
pollution control and the like; or
(b) use
in mining, agriculture, fisheries, animal husbandry, floriculture,
horticulture, livestock, dairy and poultry industry.
ANNEXURE
S.
No. |
Description |
PCT
heading |
Conditions |
(1) |
(2) |
(3) |
(4) |
1. |
Machinery and
equipment for initial installation, balancing, modernization, replacement or
expansion of desalination plants, coal firing system, gas processing plants
and oil and gas field prospecting. |
Respective
headings |
Nil |
2. |
Following machinery,
equipment, apparatus, and medical, surgical, dental and veterinary furniture,
materials, fixtures and fittings imported by hospitals and medical or
diagnostic institutes:-- |
|
(a) The project
requirement shall be approved the Board of Investment (BOI). The authorized
officer of BOI shall certify the item-wise requirement of the project in the
prescribed format and manner as per Annex-B and shall furnish all relevant
information online to Pakistan Customs Computerized System against a specific
user-ID and password obtained under Section 155D of the Customs Act, 1969 (IV
of 1969); |
|
A. Medical Equipment. |
|
|
|
(1) Dentist chairs |
9402.1010 |
|
|
(2) Medical surgical dental or
veterinary furniture |
9402.9090 |
(b) the goods shall
not be sold or otherwise disposed of without prior approval of the Board and
payment of customs duties and taxes at statutory rates leviable at the time
of import. Breach of this condition shall be construed as a criminal offence
under the Customs Act, 1969 (IV of 1969).; |
|
(3) Operating Table. |
9402.9010 |
|
|
(4) Emergency Operating Lights. |
9405.4090 |
|
|
(5) Hospital Beds with mechanical
fittings |
9402.9020 |
|
|
(6) Gymnasium equipment. |
9506.9100 |
|
|
(7) Cooling Cabinet. |
8418.5000 |
|
|
(8) Refrigerated Liquid |
3824.9099 |
|
|
(9) Contrast Media Injections (for use
in Angiography & MRI etc). |
3822.0000 |
|
|
B. Cardiology/Cardiac Surgery Equipment |
|
|
|
(1) Cannulas. |
9018.3940 |
|
|
(2) Manifolds. |
8481.8090 |
|
|
(3) Intravenous cannula i.v. catheter. |
9018.3940 |
|
|
C. Disposable Medical_Devices |
|
|
|
(1) Self-disabling safety sterile
syringes. |
9018.3110 |
|
|
(2) Insulin syringes. |
9018.3110 |
|
|
D. Other Related Equipments |
|
|
|
(1) Fire extinguisher. |
8424.1000 |
|
|
(2) Fixtures & fittings for
hospitals |
Respective
headings |
|
3. |
1. Machinery, equipment, materials, capital
goods, specialized vehicles (4x4 non-luxury) i.e. single or double cabin
pickups, accessories, spares, chemicals and consumables meant for mine
construction phase or extraction phase. |
Respective
headings |
1. This concession
shall be available to those mineral exploration and extraction companies or
their authorized operators or contractors who hold permits, licences, lease
and who enter into agreements with the Government of Pakistan or a Provincial
Government; |
|
2. Construction machinery, equipment and
specialized vehicles, excluding passenger vehicles, imported on temporary
basis as required for mine construction or extraction phase. |
Respective
headings |
2. Temporarily
imported goods shall be cleared against a security in the form of a
post-dated cheque for the amount of sales tax, along with an undertaking to
pay the sales tax at the statutory rate in case such goods are not re-exported
on conclusion of the project; and 3. The goods shall
not be sold or otherwise disposed of without prior approval of the Board and
the payment of sales tax leviable at the time of import. These shall,
however, be allowed to be transferred to other entitled mining companies with
prior approval of the Board. |
4. |
Coal mining
machinery, equipment, spares. including vehicles for site use i.e. single or
double cabin pick-ups, imported for Thar Coal Field. |
Respective
headings |
(a) This concession
shall be available to those mining companies or their authorized operators or
contractors who hold permits, licenses, leases and who enter into agreements
with the Government of Pakistan or a Provincial Government. (b) The goods shall
not be sold or otherwise disposed of without prior approval of the Board and
the payment of customs duties and taxes leviable at the time of import. These
shall, however, be allowed to be transferred to other entitled mining
companies with prior approval of the Board. |
5. |
1. Machinery, equipment
and spares meant for initial installation, balancing, modernization,
replacement or expansion of projects for power generation through oil, gas,
coal, wind and wave energy including under construction projects, which
entered into an implementation agreement with the Government of Pakistan. 2. Construction
machinery, equipment and specialized vehicles, excluding passenger vehicles,
imported on temporary basis as required for the construction of project. |
Respective
headings |
(i) This concession
shall also be available to primary contractors of the project upon
fulfillment of the following conditions, namely: (a) the contractor shall submit a copy
of the contract or agreement under which he intends to import the goods for
the project; (b) the Chief Executive or head of the
contracting company shall certify in the prescribed manner and format as per
Annex-A that the imported goods are the projects bona fide requirement; and (c) the goods shall not be sold or
otherwise disposed of without prior approval of the FBR on payment of sales
tax leviable at the time of import; (ii) temporarily
imported goods shall be cleared against a security in the form of a
post-dated cheque for the differential amount between the statutory rate of
sales tax and the amount payable under this notification, along with an
undertaking to pay the sales tax at the statutory rates in case such goods
are not re-exported on conclusion of the project. |
6. |
1. Machinery,
equipment and spares meant for initial installation, balancing, modernization,
replacement or expansion of projects for power generation through gas, coal,
hydel, and oil including under construction projects. 2. Construction
machinery, equipment and specialized vehicles, excluding passenger vehicles,
imported on temporary basis as required for the construction of project. |
Respective
headings |
-do- |
7. |
1.
Machinery, equipment and spares meant for initial installation, balancing,
modernization, replacement or expansion of projects for power generation
through nuclear and renewable energy sources like solar, wind, micro-hydel
bio-energy, ocean, waste-to-energy and hydrogen cell etc. 2. Construction
machinery, equipment and specialized vehicles. excluding passenger vehicles,
imported on temporary basis as required for the construction of project. Explanation.--The expression "projects for power
generation" means any project for generation of electricity whether
small, medium or large and whether for supply to the national grid or to any
other user or for in house consumption. |
Respective
headings |
-do- |
8. |
1. Machinery and
equipment meant for power transmission and grid stations including under
construction projects. Explanation.--For
the purpose of this serial number, ''machinery and equipment" shall
mean,-- (a) machinery and equipment operated by
power of any description, such as is used in the generation of power; (b) apparatus, appliances, metering and
testing apparatus, mechanical and electrical control, transmission gear and
transmission tower, power transmission and distribution cables and
conductors, insulators, damper spacer and hardware and parts thereof adapted
to be used in conjunction with the machinery and equipment as specified in
clause (a) above; and (c) components parts of machinery and
equipment, as specified in clause (a) and (b) above, identifiable for use in
or with machinery imported for the project and equipment including spares for
purposes of the project. 2. Construction
machinery, equipment and specialized vehicles, excluding passenger vehicles,
imported on temporary basis as required for the construction of project. |
Respective
headings |
-do- |
9. |
Following machinery,
equipment and other education and research related items imported by
technical training institutes, research institutes, schools, colleges and
universities:-- |
|
Nil |
|
(1) Quartz reactor
tubes and holders designed for insertion into diffusion and oxidation
furnaces for production of semiconductor wafers. |
7017.1010 |
|
|
(2) Other dryers |
8419.3900 |
|
|
(3) Filtering or
purifying machinery and apparatus for water |
8421.2100 |
|
|
(4) Other filtering
or purifying machinery and apparatus for liquids |
8421.2900 |
|
|
(5) Personal
weighing machines, including baby scales, household scales |
8423.1000 |
|
|
(6) Scales for
continuous weighing of goods on conveyors. |
8423.2000 |
|
|
(7) Constant weight
scales and scales for discharging a predetermined weight of material into a
bag or container, including hopper scales |
8423.3000 |
|
|
(8) Other weighing
machinery having a maximum weighing capacity not exceeding 30 kg |
8423.8100 |
|
|
(9) Other weighing
machinery having a maximum weighing capacity exceeding 30 kg but not
exceeding 5,000kg |
8423.8200 |
|
|
(10) Other weighing
machinery |
8423.8900 |
|
|
(11) Weighing
machine weights of all kinds; parts of weighing machinery of machines of
heading 8423.2000 & 8423.3000 |
8423.9000 |
|
|
(12) Other weighing
machine weights of all kinds; parts of weighing machinery of machines of
heading 8423.2000 & 8423.3000 |
8423.9000 |
|
|
(13) Networking
equipments like routers, LAN bridges, hubs excluding switches and repeaters. |
8517.6970 |
|
|
(14) Other furnaces
and ovens |
8514.3000 |
|
|
(15) Electronic
balances of a sensitivity of 5 eg or better, with or without weights. |
9016.0010 |
|
|
(16) Other balances
of a sensitivity of 5 eg or better, with or without weights. |
9016.0090 |
|
|
(17) Thermostats of
a kind used in refrigerators and air-conditioners |
9032.1010 |
|
|
(18) Other
thermostats |
9032.1090 |
|
|
(19) Manostats |
9032.2000 |
|
|
(20) Other
instruments and apparatus Hydraulic or pneumatic |
9032.8100 |
|
|
(21) Other
instruments and apparatus |
9032.8990 |
|
|
(22) Parts and
accessories of automatic regulating or controlling instruments and apparatus |
9032.9000 |
|
|
(23) Spares,
accessories, and reagents for scientific equipments. |
Respective
headings |
|
10. |
Machinery,
equipment, raw Respective materials, components and other headings capital
goods for use in buildings, fittings, repairing or refitting of ships, boats
or floating structures imported by Karachi Shipyard and Engineering Works
Limited. |
Respective
headings |
Nil |
11. |
Following machinery
and equipment for marble, granite and gem stone extraction and processing
industries: |
|
1. For the projects
of Gem Stone & Jewelery Industry, CEO/COO, Pakistan Gem and Jewelery
Company shall certify in the prescribed format and manner as per Annex-B that
the imported goods are bonafide
project requirement. The authorized person of the Company shall furnish all
relevant information online to Pakistan Customs Computerized System against a
specific user ID and password obtained under Section 155D of the Customs Act,
1969. |
|
(1) Polishing cream
or material |
3405.4000,
3405.9000 |
|
|
(2) Fiber glass mesh |
7019.5190 |
|
|
(3) Chain
saw/diamond wire saw in all sizes and dimensions and spares thereof, diamond
wire joints all types and dimensions, chain for chain saw and diamond wires
for wire saw and spare widia. |
8202.4000,
8202.9100 |
2. For the projects
of Marble & Granite Industry. CEO/COO. Pakistan Stone Development Company
shall certify in the prescribed format and manner as per Annex-B that the
imported goods are bonafide project
requirement. The authorized persons of the Company shall furnish all relevant
information online to Pakistan Customs Computerized System against a specific
user ID and password obtained under Section 155D of the Customs Act, 1969. |
|
(4) Gin saw blades. |
8202.9910 |
|
|
(5) Gang saw
blades/diamond saw blades/multiple blades or all types and dimensions. |
8202.9990 |
|
|
(6) Air compressor
(27 cft and above). |
8414.8010 |
|
|
(7) Machine and tool
for stone 8464.9000 & work; sand blasting machines; Respective tungsten carbide
tools; diamond headings tools & segments (all type & dimensions),
hydraulic jacking machines, hydraulic manual press machines, air/hydro
pillows, compressed air rubber pipes, hydraulic drilling machines, manual and
power drilling machines, steel drill rods and spring (all sizes and
dimensions), whole finding system with accessories, manual portable rock
drills, cross cutter and bridge cutters. |
8464.9000
& Respective headings |
3. The goods shall
not be sold or otherwise disposed of within a period of five years of their
import except with the prior approval of the FBR and payment of customs
duties and taxes leviable at the time of import. |
|
(8) Integral
drilling steel for horizontal and vertical drilling, extension thread rods '
for pneumatic super long drills, tools and accessories for rock drills. |
8466.9100 |
|
12. |
Machinery,
equipment and other project related items including capital goods, for
setting up of hotels, power generation plants, water treatment plants and
other infrastructure related projects located in an area of 30 km around the
zero point in Gwadar. |
Respective
headings |
1.
The Division dealing with the subject-matter of industries, shall certify in
the prescribed manner and format as per Annex-B that the imported goods are bonafide project requirement. The
authorized officer of the Ministry shall furnish all relevant information
online to Pakistan Customs Computerized System against a specific user ID and
password obtained under Section 155D of the Customs Act, 1969. 2. The goods shall
not be sold or otherwise disposed of without prior approval of the FBR and
payment of customs duties .and taxes leviable at the time of import. |
13. |
Effluent treatment
plants |
Respective
headings |
Nil |
14. |
Following items with
dedicated use of renewable source of energy like solar, wind, geothermal
etc:-- |
|
Nil |
|
1. Solar Home Systems. |
|
|
|
(a) Inverters. |
8504.4090 |
|
|
(b) Charge controllers/current
controllers. |
9032.8990 |
|
|
(c) Energy saver lamps of varying
voltages (operating on DC). |
8539.3910
|
|
|
(d) Energy saver lamps of varying
voltages (operating on AC). |
8539.3910 |
|
|
(e) Light emitting diodes (light
emitting in different colors). |
8541.5000 |
|
|
(f) Water pumps operating on solar
energy. |
8413.7090,
8413.7010 |
|
|
(g) Water purification plants operating
on solar energy. |
8421.2100 |
|
|
(h) Batteries NiCd, Li-ion & Lead
Acid specific utilization and integrated with solar electrification system. |
8507.3000,
8507.8000 |
|
|
(i) Energy Saving Tube Lights |
8539.3920
|
|
|
2. Solar Parabolic Trough Power Plants. |
8502.3900 |
|
|
(a) Parabolic Trough collectors
modules. |
8503.0010 |
|
|
(b) Absorbers/Receivers tubes. |
8503.0090 |
|
|
(c) Steam turbine of an output
exceeding 40MW. |
8406.8100 |
|
|
(d) Steam turbine of an output not
exceeding 40MW. |
8406.8200 |
|
|
(e) Sun tracking control system. |
8543.7090 |
|
|
(f) Control panel with other
accessories. |
8537.1090 |
|
|
3. Solar Dish |
8412.8090 |
|
|
(a) Solar concentrating dish. |
8543.7000 |
|
|
(b) Sterling engine. |
8543.7000 |
|
|
(c) Sun tracking control system. |
8543.7090 |
|
|
(d) Control panel with accessories. |
8406.8200 |
|
|
(e) Generator |
8501.6100 |
|
|
4. Solar Air Conditioning System |
8415.1090 |
|
|
(a) Absorption chillers. |
8418.6990 |
|
|
(b) Cooling towers. |
8419.8910 |
|
|
(c) Pumps. |
8413.3090 |
|
|
(d) Air handling units. |
8415.8200 |
|
|
(e) Fan coils units. |
8415.9099 |
|
|
(f) Charging & Testing equipment. |
9031.8000 |
|
|
5. Solar Desalination System |
8421.2100 |
|
|
(a) Solar photo voltaic panels |
8541.4000 |
|
|
(b) Solar water pumps |
8413.3090 |
|
|
(c) Storage batteries. |
8507.2090 |
|
|
(d) Charge controllers. |
9032.8990 |
|
|
(e) Inverters. |
8504.4090 |
|
|
6. Solar Thermal Power Plants with accessories. |
8502.3900 |
|
|
7. Solar Water Heaters with accessories. |
8419.1900 |
|
|
(a) Vacuum tubes (Glass). |
7020.0090 |
|
|
(b) Selective coating for absorber
plates. |
Respective
headings |
|
|
(c) Copper, aluminum and stainless
steel sheets. |
Respective
headings |
|
|
(d) Copper and aluminum tubes. |
Respective heading |
|
|
8. PV Modules |
8541.4000 |
|
|
(a) Solar cells. |
8541.4000 |
|
|
(b) Tempered Glass. |
7007.2900 |
|
|
(c) Aluminum frames. |
7610.9000 |
|
|
(d) O-Ring. |
4016.9990 |
|
|
(e) Flux |
3810.1000 |
|
|
(f) Adhesive labels. |
3919.9090 |
|
|
(g) Junction box + Cover |
8538.9090 |
|
|
(h) Sheet mixture of Paper and plastic |
3920.9900 |
|
|
(i) Ribbon for PV Modules (made of
silver & Lead) |
Respective
headings |
|
|
(j) Bypass diodes. |
8541.1000 |
|
|
(k) EVA (Ethyl Vinyl Acetate) Sheet
(Chemical). |
3920.9900 |
|
|
9. Solar Cell Manufacturing Equipment. |
|
|
|
(a) Crystal (Grower) Puller (if
machine). |
8479.8990 |
|
|
(b) Diffusion furnace. |
8514.3000 |
|
|
(c) Oven. |
8514.3000 |
|
|
(d) Wafering machine |
8479.8990 |
|
|
(e) Cutting and shaping machines for
silicon ingot. |
8461.9000 |
|
|
(f) Solar grade polysilicon material, |
3824.9099 |
|
|
(g) Phosphene Gas. |
2848.0000 |
|
|
(h) Aluminum and silver paste. |
Respective
headings |
|
|
10.
Pyranometers and accessories for solar data collection |
9030.8900 |
|
|
11.
Solar chargers for charging electronic devices |
8504.4020 |
|
|
12.
Remote control for solar charge controller. |
8543.7010 |
|
|
13.
Wind Turbines. |
8412.8090 |
|
|
(a) Rotor |
8412.9090 |
|
|
(b) Hub |
8412.9090 |
|
|
(c) Generator |
8501.6490 |
|
|
(d) Deep
cycle battery |
8507.8000 |
|
|
14.
Wind water pump |
8413.8190 |
|
|
15.
Geothermal energy equipments. |
|
|
|
(1) Geothermal Heat Pumps |
8418.6100. 8418.6990 |
|
|
(2) Geothermal Reversible Chillers |
8418.6990 |
|
|
(3) Air handlers for indoor quality
control equipments |
8415.8300 |
|
|
(4) Hydronic heat pumps |
8418.6100 |
|
|
(5) Slim Jim heat exchangers |
8419.5000 |
|
|
(6) HDPE fusion tools |
8515.8000 |
|
|
(7) Geothermal energy Installation
tools and Equipment |
8419.8990 |
|
|
(8) Dehumidification equipment |
8479.6000 |
|
|
(9) Thermostats and Intelli Zone |
9032.1090 |
|
|
16.
Any other item approved by the Alternative Energy Development Board (AEDB)
and concurred to by the FBR. |
|
|
15. |
Following items for promotion of renewable
energy technologies |
|
Nil |
|
1. LVD induction lamps |
8539.3990 |
|
|
2. SMD, LEDs with or without ballast with
fittings and fixtures. |
9405.1090 |
|
|
3. Wind turbines including alternators and
mast. |
8502.3100 |
|
|
4. Solar torches |
8513.1040 |
|
|
5. Lanterns and related instruments |
8513.1090 |
|
|
6. PV module, with or without, the related
components including invertors, charge controllers and batteries |
8541.4000,
8504.4090, 9032.8990, 8507.0000 |
Subject to certification by AEDB that the
inverters, charge controllers and batteries being imported are in quantities
which commensurate with the PV modules being imported. |
16. |
Plant, machinery, equipment and specific
items used in production of bio-diesel. |
Respective headings |
The Alternative Energy Development Board
(AEDB), |
Annex-A
Header Information |
||||||||||||
NTNVFTN of Importer |
Regulatory Authority
no. |
Name of Regulatory
authority |
||||||||||
(1) (2) |
(3) |
|||||||||||
Details of Input goods (to be filled by the
chief executive of the importing company) |
Goods imported (Collectorate of import) |
|||||||||||
HS Code |
Descri-ption |
Specs |
Custom Duty rate (Applic-able) |
Sales Tax (Applic-able) |
WHT |
Quantity |
UOM |
Quantity imported |
Collectorate |
CRN/ Mach No. |
Date of CRN/ Mach. No. |
|
(4) |
(5) |
(6) |
(7) |
(8) |
(9) |
(10) |
(11) |
(12) |
(13) |
(14) |
(15) |
|
CERTIFICATE.
It is certified that the
description and quantity mentioned above are commensurate with the project
requirement and that the same are not manufactured locally. It is further
certified that the above items shall not be used for any other purpose.
Signature of Chief Executive, or the person next in hierarchy duly authorized
by the Chief Executive
Name _________________________
N.I.C. No. __________________________________
NOTE:--In case of clearance through Pakistan Customs
Computerized System, the above information shall be furnished online against a
specific user I.D. and password obtained under Section 155D of the Customs Act,
1969.
Explanation.
Chief Executive means.
1. owner
of the firm, in case of sole proprietorship; or
2. partner of firm having
major share, in case of partnership firm; or
3. Chief Executive Officer
or the Managing Director in case of limited company or multinational
organization; or
4. Principal
Officer in case of a foreign company.
Annex-B
Header
Information |
||||||||||||||
NTN/FTN of Importer |
Approval No. |
|||||||||||||
(1) (2) |
||||||||||||||
Details of Input
goods (to be filled by the authorized officer of the Regulatory Authority) |
Goods imported
(Collectorate of import) |
|||||||||||||
HS Code |
Descri-ption |
Specs |
Custom Duty rate
(Applic-able) |
Sales Tax
(Applic-able) |
WHT |
Quantity |
UOM |
Quantity imported |
Collect-orate |
CRN/ Mach No. |
Date of CRN/ Mach. No.
|
|
||
(3) |
(4) |
(5) |
(6) |
(7) |
(8) |
(9) |
(10) |
(11) |
(12) |
(13) |
(14) |
|
||
CERTIFICATE.
Before certifying the
above-authorized officer of the Regulatory Authority shall ensure that the
goods are genuine and bonafide requirement
of the project and that the same are not manufactured locally.
Signature __________________
Designation ________________
NOTE:In case of clearance through Pakistan Customs
Computerized System, the above information shall be furnished on line against a
specific user I.D. and password obtained under Section 155D of the Customs Act,
1969. ";
(11) after the Sixth Schedule,
amended as aforesaid, the following new Schedule shall be inserted, namely,
"EIGHTH SCHEDULE
[See clause (aa) of sub-section (2) of Section
3]
Table-1
S. No. |
Description |
Heading Nos. of the
First Schedule to the Customs Act, 1969 (IV of 1969) |
Rate of Sales Tax |
Condition |
(1) |
(2) |
(3) |
(4) |
(5) |
1. |
Soyabean meal |
2304.0000 |
5% |
|
2. |
Oil cake and other solid residues, whether
or not ground or in the form of pellets |
2306.1000 |
5% |
|
3. |
Directly reduced iron |
72.03 |
5% |
|
4. |
Oilseeds meant for sowing. |
Respective headings |
5% |
Import thereof subject to the condition
that the concerned department of the Division dealing with the subject-matter
of oil seed certifies that the imported seeds are fungicide and insecticide
treated and are meant for sowing. |
5. |
Raw cotton and ginned cotton |
Respective headings |
5% |
On import |
6. |
Plant and machinery not manufactured
locally and having no compatible local substitutes |
Respective headings |
5% |
(i) On import of such plant and machinery by
registered manufacturers, post-dated cheque(s) equal to the differential
amount of sales tax payable at import stage, shall be submitted to the
customs authorities, which shall be returned on furnishing proof of filing of
first sales tax return after import of such machinery, showing the import of
such machinery; (ii) On import by commercial importers,
good-for-payment cheque, bank guarantee, pay order or treasury challan
showing deposit, equal to the differential amount of sales tax payable at
import stage, shall be submitted to the customs authorities, which shall be
returned back, or as the case may be, refunded, after evidence of subsequent
supply to registered manufacturers or industrial users is furnished to the
customs authorities; (iii) Supply of such imported plant and machinery
by commercial importers to unregistered persons or persons other than
manufacturers shall be liable to standard rate of tax, and evidence to that
effect shall be produced to the customs authorities for release of the above
mentioned instruments or refund of the amount paid at import stage; (iv) Subsequent supply of plant and machinery
imported or acquired by registered manufacturers to unregistered persons or
persons other than manufacturers shall be liable to tax at standard rate; and (v) the validity period of instruments
furnished under this provision shall not be less than one hundred and twenty
days. Explanation.For the purpose of
this provision, plant and machinery means such plant and machinery as is used
in the manufacture or production of goods. |
TABLE-2
Plant, machinery, equipment and apparatus,
including capital goods, specified in column (2) of the Annexure below, falling
under the HS Codes specified in column (3) of that Annexure, shall be charged
to sales tax at the rate of five percent, subject to the following conditions,
besides the conditions specified in column (4) of the Annexure, namely:
(i) the imported goods as are
not listed in the locally manufactured items, notified through a Customs
General Order issued by the Board from time to time or, as the case may be,
certified as such by the Engineering Development Board;
(ii) the Chief Executive, or
the person next in hierarchy duly authorized by the Chief Executive or Head of
the importing company shall certify in the prescribed manner and format as per
Annex-A that the imported items are the company's bonafide requirement. He shall furnish all relevant information
Online to Pakistan Customs Computerized System against a specific user ID and
password obtained under Section 155D of the Customs Act, 1969. In already
computerized Collectorates or Customs stations where the Pakistan Customs
Computerized System is not operational, the Project Director or any other
person authorized by the Collector in this behalf shall enter the requisite
information in the Pakistan Customs Computerized System on daily basis, whereas
entry of the data obtained from the customs stations which have not yet been
computerized shall be made on weekly basis; and
(iii) in case of partial
shipments of machinery and equipment for setting up a plant, the importer
shall, at the time of arrival of first partial shipment, furnish complete
details of the machinery, equipment and components required for the complete
plant, duly supported by the contract, lay out plan and drawings.
Explanation.In this Table the expression, capital goods mean any
plant, machinery, equipment, spares and accessories, classified in chapters 84,
85 or any other chapter of the Pakistan Customs Tariff, required for
(a) the manufacture or production of any
goods, and includes refractory bricks and materials required for setting up a furnace,
catalysts, machine tools, packaging machinery and equipment, refrigeration equipment,
power generating sets and equipment, instruments for testing, research and development,
quality control, pollution control and the like; or
(b) use in mining, agriculture, fisheries,
animal husbandry, floriculture, horticulture, livestock, dairy and poultry industry.
Annexure
S. No |
Description |
PCT heading |
Conditions |
(1) |
(2) |
(3) |
(4) |
1 |
Machinery and equipment for development of
grain handling and storage facilities. |
Respective Headings |
Nil |
2 |
Cool chain machinery and equipment. |
Respective Headings |
Nil |
3 |
Following items imported by Call Centers,
Business Processing Outsourcing facilities duly approved by the Pakistan
Telecommunication Authority. |
|
Nil |
|
(1) Telephone sets/head sets. |
8517.1100 |
|
|
(2) Cat 5/Cat 6/Power cables |
8544.4990 |
|
|
(3) PABX Switch |
8517.6290 |
|
|
(4) Plasma TV |
8528.7212 |
|
|
(5) Dedicated telephone exchange system for
call centers. |
8517.6290 |
|
|
(6) Other (digital call recorders) |
8519.8990 |
|
4 |
1. Machinery, equipment, materials, capital
goods, specialized vehicles (4x4 non luxury) i.e. single or double cabin
pickups, accessories, spares, chemicals and consumables meant for mineral
exploration phase. 2. Construction machinery, equipment and
specialized vehicles, excluding passenger vehicles, imported on temporary
basis as required for the exploration phase. |
Respective Headings |
1. This concession shall be available to
those Mineral Exploration and Extraction Companies or their authorized
operators or contractors who hold permits, licenses, leases and who enter
into agreements with the Government of Pakistan or a Provincial Government. 2. Temporarily imported goods shall be
cleared against a security in the form of a post-dated cheque for the
differential amount between the statutory rate of customs duty and sales tax
and the amount payable under this notification, along with an undertaking to
pay the customs duty and sales tax at the statutory rates in case such goods
are not re-exported on conclusion of the project. 3. The goods shall not be sold or otherwise
disposed of without prior approval of the FBR and the payment of customs
duties and taxes leviable at the time of import. These shall however be
allowed to be transferred to other entitled mining companies with prior
approval of the Board. |
5 |
Complete plants for relocated industries. |
Respective Headings |
Nil |
6 |
Machinery, equipment and other capital
goods meant for initial installation, balancing, modernization, replacement
or expansion of oil refining (mineral oil, hydro- cracking and other value
added petroleum products), petrochemical and petrochemical downstream
products including fibers and heavy chemical industry, cryogenic facility for
ethylene storage and handling. |
Respective Headings |
Nil |
7 |
Proprietary Formwork System for
building/structures of a height of 100 ft and above and its various items/
components consisting of the following, namely: |
7308.4000 |
(i) If not manufactured locally and
imported by the construction companies registered with the Pakistan
Engineering Council: |
|
(1) Plastic tube. |
3917.2390 |
(ii) the system is to be procured from a
well renowned international manufacturer; |
|
(2) Plastic tie slot filters/plugs, plastic
cone. |
3926.9099 |
(iii) a certificate from one of the
following International Pre-shipment Inspection Companies/Survey Firms to the
extent that all the components/parts are to be used in the Proprietary
Formwork System for construction of structures/ buildings of more than 100
feet height, is produced, namely: |
|
(3) Standard steel ply panels, Special
sized steel ply panels, wedges, tube clamps (B-Type & G Type), push/pull
props, brackets (structure), steel soldiers (structure), drop head, standard,
prop tic, buard rail post (structure), coupler brace, cantilever frame,
decking beam/Infill beam and doorway angles. |
7308.4000 |
(a) Messrs Lloyds of (b) Messrs Quality Tech, LLC; (c) Messrs
ABS; (d) Messrs Bureau Veritas; and (e) Messrs SGS; and (iv) The Pakistan
Engineering Council shall certify that the imported Proprietary Formworks
System conform to the requirement of the Company's project. |
|
(4) Lifting Unit (Structure) |
7308.9090 |
-do- |
|
(5) Bolts, tie bolts, anchor bolt assembly
(fastener), anchor screw (fastener). |
7318.1590 |
-do- |
|
(6) Nuts |
7318.1690 |
-do- |
|
(7) Steel pins, tie wing nut (fastener). |
7318.1900 |
-do- |
|
(8) Steel washers, water plate (fastener). |
7318.2290 |
-do- |
|
(9) Adjustable base jack (thread rod with
nut and steel plate), adjustable fork head (threaded rod with nut and steel
channel). |
8425.4900 |
-do- |
Annex-A
Header Information |
||||||||||||
NTNVFTN
of Importer |
Regulatory
Authority no. |
Name
of Regulatory authority |
||||||||||
(1) (2) |
(3) |
|||||||||||
Details of Input
goods (to be filled by the chief executive of the importing company) |
Goods imported
(Collectorate of import) |
|||||||||||
HS Code |
Descri-ption |
Specs |
Custom Duty rate
(Applic-able) |
Sales Tax
(Applic-able) |
WHT |
Quantity |
UOM |
Quantity imported |
Collect-orate |
CRN/ Mach No. |
Date of CRN/ Mach. No.
|
|
(4) |
(5) |
(6) |
(7) |
(8) |
(9) |
(10) |
(11) |
(12) |
(13) |
(14) |
(15) |
|
CERTIFICATE.
It is certified that the
description and quantity mentioned above are commensurate with the project
requirement and that the same are not manufactured locally. It is further
certified that the above items shall not be used for any other purpose.
Signature of Chief Executive, or
the person next in hierarchy duly
authorized by the Chief Executive
Name __________________
N.I.C. No. ______________________
NOTE:In case of clearance through Pakistan Customs
Computerized System, the above information shall be furnished on line against a
specific user I.D. and password obtained under Section 155D of the Customs Act,
1969.
Explanation.
Chief Executive means.
1. owner
of the firm, in case of sole proprietorship; or
2. partner of firm having
major share, in case of partnership firm; or
3. Chief Executive Officer
or the Managing Director in case of limited company or multinational
organization; or
4. Principal
Officer in case of a foreign company.
Annex-B
Header Information |
||||||||||||||
NTN/FTN of Importer |
Approval No. |
|||||||||||||
(1) (2) |
||||||||||||||
Details of Input goods (to be filled by the
authorized officer of the Regulatory Authority) |
Goods imported (Collectorate of import) |
|||||||||||||
HS Code |
Descri-ption |
Specs |
Custom Duty rate (Applic-able) |
Sales Tax (Applic-able) |
WHT |
Quantity |
UOM |
Quantity imported |
Collect-orate |
CRN/ Mach No. |
Date of CRN/ Mach. No. |
|
||
(3) |
(4) |
(5) |
(6) |
(7) |
(8) |
(9) |
(10) |
(11) |
(12) |
(13) |
(14) |
|
||
CERTIFICATE.
Before certifying the
above-authorized officer of the Regulatory Authority shall ensure that the
goods are genuine and bonafide requirement
of the project and that the same are not manufactured locally.
Signature__________________
Designation________________
NOTE:In case of clearance through Pakistan Customs
Computerized System, the above information shall be furnished on line against a
specific user I.D. and password obtained under Section 155D of the Customs Act,
1969. "; and
(12) After the Eighth Schedule, inserted as
aforesaid, the following new schedule shall be added, namely:
"NINTH SCHEDULE
[See sub-section (3B) of Section 3]
TABLE
(1) |
(2) |
(3) |
(4) |
(5) |
S. No. |
Description /
Specification of Goods |
Sales tax on import
(payable by importer at the time of import) |
Sales tax
(chargeable at the time of registration of IMEI number by CMOs) |
Sales tax on supply
(payable at time of supply by CMOs) |
1. |
Subscriber Identification Module (SIM)
Cards |
-- |
-- |
Rs. 250 |
2. |
A.
Low Priced Cellular Mobile Phones or Satellite Phones (i)
All cameras: 2.0 mega-pixels or less (ii)
Screen size: 2.6 inches or less (iii)
Key pad |
Rs. 150 |
Rs. 150 |
-- |
|
B. Medium Priced Cellular Mobile Phones or
Satellite Phones (i) One or two cameras: between 2.1 to 10
mega-pixels (ii) Screen size: between 2.6 inches and
5.0 inches (iii) Micro-processor: less than 2 GHZ |
Rs. 250 |
Rs. 250 |
-- |
|
C.
Smart Cellular Mobile Phones or Satellite Phones (i)
One or two cameras: 10 mega-pixels and above (ii)
Touch Screen: size 5.0 inches and above (iii)
4GB or higher Basic Memory (iv)
Operating system of the type IOS, Android V2.3, Android Gingerbread or
higher, Windows 8 or Blackberry RIM (v)
Micro-processor: 2GHZ or higher, dual core or quad core |
Rs. 500 |
Rs. 500 |
-- |
LIABILITY, PROCEDURE AND CONDITIONS
(i) In case of the goods
specified against S. No. 1 of the Table, the liability to charge, collect and
pay tax shall be on the Cellular Mobile Operator (CMO) at the time of supply.
In case of the goods specified against S. No. 2, the liability to pay sales tax
at the time of import shall be on the importer, and the liability to charge,
collect and pay sales tax payable on supplies shall be on the Cellular Mobile
Operator at the time of registering International Mobile Equipment Identity
(IMEI) number in his system.
(ii) The Cellular Mobile
Operators shall, if not already registered, obtain registration under the Sales
Tax Act, 1990.
(iii) No IMEI shall be
registered in his system by a Cellular Mobile Operator without charging and
collecting the sales tax as specified in the Table.
(iv) The Cellular Mobile
Operator shall deposit the sales tax so collected through his monthly tax
return in the manner prescribed in Section 26 of the Sales Tax Act; 1990 and
rules made thereunder.
(v) The Cellular Mobile
Operator shall maintain proper records of all IMEI numbers registered for a
period of six years, and such records shall be produced for inspection, audit
or verification, as and when required, by an authorized officer of Inland
Revenue.
(vi) The Pakistan Telecommunication
Authority shall provide data regarding IMEI numbers registered with other
Cellular Mobile Operators to prevent double taxation on the same IMEI number in
case of switching by a subscriber from one operator to another, and to provide
data regarding registration of 1ME1 numbers to the Board on monthly basis.
(vii) No adjustment of input tax
shall be admissible to the Cellular Mobile Operator or any purchaser of
cellular mobile phone against the sales tax charged and paid in terms of this
Schedule.
(viii) The tax specified in
column (4) of the Table shall be charged, collected and paid with effect from
such date as may be specified by the Board and the sales tax specified in
column (3) shall stand withdrawn from the date so specified.
Note:Notwithstanding anything contained in any other law for the time being
in force, the levy, collection and payment of sales tax under notification No. S.
R. O. 460(I)/2013, dated the 30th May, 2013, shall be deemed to always have
been lawfully and validly levied, collected and paid.";
5. Amendment of Act XVII of 1996.In the Pakistan
Telecommunication (Re-organization) Act, 1996 (XVII of 1996), the following
further amendment shall be made and shall be deemed to have been so made on the
1st day of March, 2014, namely:
In the aforesaid Act, in Section 33 A, in sub-section (4),
clause (c) shall be omitted.
6. Amendments of Ordinance XXIV of 2001.In the Controller General of
Accounts (Appointment, Functions and Powers) Ordinance, 2001 (XXIV of 2001), in
Section 5, in clause (b),--
(a) after the word
"may" the commas and words ",with the approval of the
President," shall be inserted; and
(b) for the semi colon, at the
end, a colon shall be substituted and thereafter the following proviso shall be
added, namely:--
"Provided that in
case of exigency Ministry of Finance or Finance Departments, as the case may
be, may authorize payments directly from the State Bank of Pakistan and submit
such information to Controller General to enable him to record the
transactions;".
7. Amendments of Ordinance XLIX of 2001.In the Income Tax Ordinance, 2001 (XLIX of
2001), the following further amendments shall be made, namely:
(1) in
Section 2,
(a) clauses (8), (9), (10) and (11) shall be
re-numbered as clauses (9), (10), (11) and (8) respectively;
(b) after clause (23), the following new
clause shall be inserted, namely:
"(23A)
"filer" means a taxpayer whose name appears in the active taxpayers'
list issued by the Board from time to time or is holder of a taxpayer's
card;";
(c) in clause (29),
(i) for the word "and", occurring for the
first time, a comma shall be substituted;
(ii) after the figure "234",
the word and figure "and 236M" shall be inserted;
(iii)
the words and commas "but does not include, in case of a shareholder of a
company, the amount representing the face value of any bonus share or the
amount of any bonus declared, issued or paid by the company to the shareholders
with a view to increasing its paid up share capital", shall be omitted;
(d) after clause (35B), the following new
clause shall be inserted, namely:
"(35C)
"non-filer" means a person who is not a filer;";
(e) after clause (59A), the following new
clause shall be inserted, namely:
"(59B)
"Special Judge" means the Special Judge appointed under Section 203;";
and
(f) after clause (61), the following new
clause shall be inserted, namely:
"(61A)
"stock fund" means a collective investment scheme or a mutual fund
where the investible funds are invested by way of equity shares in companies,
to the extent of more than seventy per cent of the investment;";
(2) Section
4A shall be omitted;
(3) in Section 8, in clauses
(d) and (e), for the word "sections", the word "section"
shall be substituted;
(4) in Section 13, in
sub-section (8), the word "the", occurring last, shall be omitted;
(5) in Section 18, in
sub-section (3), for the word "lesser", occurring twice, the word
"lessor" shall be substituted;
(6) in Section 21, in clause
(e), after the word "fund", occurring for the second time a comma
shall be inserted;
(7) in Section 31, in
sub-section (1), for the expression "Banking Tribunals Ordinance,
1984" the expression "Financial Institutions (Recovery of Finances)
Ordinance, 2001 (XLVI of 2001)" shall be substituted;
(8) in Section 37, in
sub-section (1A), the words and comma "held for a period upto two
years," shall be omitted;
(9) in
Section 37A, in sub-section (1),
(a) first proviso shall be omitted;
(b) in the second proviso, the word
"further" shall be omitted;
(c) in sub-section (3), after the word
"capital" the comma and words ",debt securities" shall be
inserted;
(d) after sub-section (3), amended as
aforesaid, the following new sub-section shall be inserted, namely:
"(3
A) For the purpose of this section, "debt securities" means
(a) Corporate Debt Securities such as Term Finance Certificates
(TFCs), Sukuk Certificates (Sharia Compliant Bonds), Registered Bonds,
Commercial Papers, Participation Term Certificates (PTCs) and all kinds of debt
instruments issued by any Pakistani or foreign company or corporation registered
in Pakistan; and
(b) Government Debt Securities such as
Treasury Bills (T-bills), Federal Investment Bonds (FIBs), Pakistan Investment
Bonds (PIBs), Foreign Currency Bonds, Government Papers, Municipal Bonds,
Infrastructure Bonds and all kinds of debt instruments issued by Federal
Government, Provincial Governments, Local Authorities and other statutory
bodies.";
(10) in
Section 39, in sub-section (1),
(i) in clause (j), the word "and"
shall be omitted;
(ii) in clause (1), after the semicolon the
word "and" shall be added;
(iii) after clause (1), amended as aforesaid,
the following new clause shall be added, namely:--
"(m)
income arising to the shareholder of a company, from the issuance of bonus
shares.";
(11) in Section 49, after
sub-section (4), for the full stop at the end a colon shall be substituted and
thereafter the following proviso shall be added, namely:
"Provided that the
income from sale of spectrum licences by Pakistan Telecommunication Authority
on behalf of the Federal Government after the first day of March 2014 shall be
treated as income of the Federal Government and not of the Pakistan
Telecommunication Authority.";
(12) in Section 56A, for the
word "onword", the word "onward" shall be substituted;
(13) in Section 59AA, in
sub-section (6), for the words "Central Board of Revenue" the word
"Board" shall be substituted;
(14) Section
88A shall be omitted;
(15) in Section 92, in
sub-section (1), for full stop, at the end, a colon shall be substituted and thereafter
the following proviso shall be added, namely,
"Provided that if
at least one member of the association of persons is a company, the share of
such company or companies shall be excluded for the purpose of computing the
total income of the association of persons and the company or the companies
shall be taxed separately, at the rate applicable to the companies, according
to their share.";
(16) in Section 100B, in
sub-section (2), for clause (d), the following clause shall be substituted,
namely:
"(d)
a company, in respect of debt securities only; and";
(17) after Section 100B, amended
as aforesaid, the following new section shall be inserted, namely:
"100C. Tax credit for certain persons.(1) Non-profit
organizations, trusts or welfare institutions, as mentioned in sub-section (2)
shall be allowed a tax credit equal to one hundred per cent of the tax payable,
including minimum tax and final taxes payable under any of the provisions of
this Ordinance, subject to the following conditions, namely:
(a) return has been filed;
(b) tax required to be deducted or collected
has been deducted or collected and paid; and
(c) withholding tax statements for the
immediately preceding tax year have been filed.
(2) Persons eligible for tax credit under this
section include
(a) any income of a trust or welfare
institution or non-profit organization from donations, voluntary contributions,
subscriptions, house property, investments in the securities of the Federal
Government and so much of the income chargeable under the head "income
from business" as is expended in Pakistan for the purposes of carrying out
welfare activities:
Provided
that in the case of income under the head "income from business", the
exemption in respect of income under the said head shall not exceed an amount
which bears to the income, under the said head, the same proportion as the said
amount bears to the aggregate of the incomes from the aforesaid sources of
income.
(b) a trust administered under a scheme
approved by the Federal Government in this behalf and established in
(i) ex-servicemen and serving personnel, including
civilian employees of the Armed Forces, and their dependents; or
(ii) ex-employees and serving personnel
of the Federal Government or a Provincial Government and their dependents,
where the said trust is administered by a committee nominated by the Federal
Government or, as the case may be, a Provincial Government;
(c) a trust or welfare institution or
non-profit organization approved by Chief Commissioner for the purposes of this
sub-clause;
(d) income of a university or other
educational institution being run by a non-profit organization existing solely for
educational purposes and not for purposes of profit;
(e) any income which is derived from
investments in securities of the Federal Government, profit on debt from
scheduled banks, grant received from Federal Government or Provincial
Government or District Governments, foreign grants and house property held under
trust or other legal obligations wholly, or in part only, for religious or
charitable purposes and is actually applied or finally set apart for
application thereto:
Provided
that nothing in this clause shall apply to so much of the income as is not
expended within
Provided
further that if any sum out of the amount so set apart is expended outside
Pakistan, it shall be included in the total income of the tax year in which it
is so expended or of the year in which it was set apart, whichever is the
greater, and the provisions of Section 122 shall not apply to any assessment
made or to be made in pursuance of this proviso.
Explanation.Notwithstanding anything contained in the
Mussalman Wakf Validating Act, 1913 (VI of 1913), or any other law for the time
being in force or in the instrument relating to the trust or the institution,
if any amount is set apart, expended or disbursed for the maintenance and
support wholly or partially of the family, children or descendents of the
author of the trust or the donor or, the maker of the institution or for his
own maintenance and support during his life time or payment to himself or his
family, children, relations or descendents or for the payment of his or their
debts out of the income from house property dedicated, or if any expenditure is
made other than for charitable purposes, in each case such expenditure,
provision, setting apart,, payment or disbursement shall not be deemed, for the
purposes of this clause, to be for religious or charitable purposes; or
(f) any income of a religious or charitable
institution derived from voluntary contributions applicable solely to religious
or charitable purposes of the institution:
Provided
that nothing contained in this clause shall apply to the income of a private
religious trust which does not ensure for the benefit of the public";
(18) in
Section 113,
(i) in sub-section (1), for the words
"equal to one per cent of the person's turnover for the year", the
words "the amount of minimum tax computed on the basis of rates as
specified in Division IX of Part I of First Schedule" shall be
substituted; and
(ii) in sub-section (2), in clause (b), for
the words "an amount equal to one per cent of the person's turnover for
the year", the words "minimum tax computed on the basis of rates as
specified in Division IX of Part I of First Schedule" shall be
substituted;
(19) after Section 113B, the
following new Section 113C shall be inserted, namely:
"113C. Alternative Corporate Tax.--(1) Notwithstanding
anything contained in this Ordinance, for tax year 2014 and onwards, tax
payable by a company shall be higher of the Corporate Tax or Alternative
Corporate Tax.
(2) For the purposes of this section.
(a) "Accounting Income" means the
accounting profit before tax for the tax year, as disclosed in the financial
statements or as adjusted under sub-section (7) or sub-section (11) excluding
share from the associate recognized under equity method of accounting;
(b) "Alternative Corporate
Tax" means the tax at a rate of seventeen per cent of a sum equal to accounting
income less the amounts, as specified in sub-section (8), and determined in
accordance with provisions of sub-section (7) hereinafter;
(c) "Corporate Tax" means total tax
payable by the company, including tax payable on account of minimum tax and
final taxes payable, under any of the provisions of this Ordinance but not
including those mentioned in sections 8, 161 and 162 and any amount charged or
paid on account of default surcharge or penalty and the tax payable under this section.
(3) The
sum equal to accounting income, less any amount to be excluded therefrom under
sub-section (8), shall be treated as taxable income for the purpose of this
section.
(4) The
excess of Alternative Corporate Tax paid over the Corporate Tax payable for the
tax year shall be carried forward and adjusted against the tax payable under Division
II of Part I of the First Schedule, for following year.
(5) If
the excess tax, as mentioned in sub-section (4), is not wholly adjusted, the
amount not adjusted shall be carried forward to the following tax year and
adjusted as specified in sub-section (4) in that year, and so on, but the said
excess cannot be carried forward to more than ten tax years immediately
succeeding the tax year for which the excess was first computed.
Explanation.For the purpose of this sub-section the
mechanism for adjustment of excess of Alternative Corporate Tax over Corporate
Tax, specified in this section, shall not prejudice or affect the entitlement
of the taxpayer regarding carrying forward and adjustment of minimum tax
referred to in Section 113 of this Ordinance.
(6) If
Corporate Tax or Alternative Corporate Tax is enhanced or reduced as a result of
any amendment, or as a result of any order under the Ordinance, the excess
amount to be carried forward shall be reduced or enhanced accordingly.
(7) For
the purposes of determining the "Accounting Income", expenses shall
be apportioned between the amount to be excluded from accounting income under
sub-section (8) and the amount to be treated as taxable income under
sub-section (3).
(8) The
following amounts shall be excluded from accounting income for the purposes of
computing Alternative Corporate Tax:
(i) exempt
income;
(ii) income subject to tax
under Section 37A and final tax chargeable under sub-section (7) of Section 148,
Section 150, sub-section (3) of Section 153, sub-section (4) of sections 154,
156 and sub-section (3) of Section 233;
(iii) income
subject to tax credit under Section 65D and 65E;
(iv) income
subject to tax credit under Section 100C; and
(v) income of the company
subject to clause (18A) of Part-II of the Second Schedule;
(9) The
provisions of this section shall not apply to taxpayers chargeable to tax in
accordance with the provisions contained in the Fourth, Fifth and Seventh
Schedules.
(10) Tax
credit under Section 65B shall be allowed against Alternative Corporate Tax.
(11) The
Commissioner may make adjustments and proceed to compute accounting income as
per historical accounting pattern after providing an opportunity of being
heard.";
(20) in Section 114, in
sub-section (1), in clause (b), in sub-clause (ix), after the word
"is" the words "a resident person" shall be inserted;
(21) in Section 122B, in the
heading and in sub-sections (1) and (2), for the words 'Regional
Commissioner", wherever occurring, the words "Chief
Commissioner" shall be substituted.
(22) in
Section 127,
(a) for the words "taxation
officer", the words "Officer of Inland Revenue" shall be
substituted;
(b) in sub-section (2), in clause (b), for
the word "again", the word "against" shall be substituted;
(23) in
Section 130, in sub-section (4),
(i) in clause (b), the word "or",
occurring at the end, shall be omitted;
(ii) in clause (c), for the full stop, at the
end, a semicolon and the word "or" shall be substituted and
thereafter the following new clause shall be added, namely:
"(d)
a person who has, for a period of not less than ten years, practiced professionally
as a cost and management accountant within the meaning of the Cost and
Management Accountants Act, 1966 (XIV of 1966).";
(24) in
Section 148,
(a) in
sub-section (7), in clause (d),
(i) in sub-clause (viii), for the words
"with Sales Tax Department" the expression "under the Sales Tax
Act, 1990"shall be substituted;
(ii) in sub-clause (ix), for the words,
"for sales tax purposes" the expression "under the Sales Tax
Act, 1990" shall be substituted; and
(b) after sub-section (8), the
following new sub-section shall be inserted, namely:
"(8A) The tax
collected under this section at the time of import of ships by ship-breakers
shall be final tax.";
(25) in Section 149, after
sub-section (2), the following new sub-sections shall be added, namely:
"(3)
Notwithstanding anything contained in sub-sections (1) and (2), every person
responsible for making payment for directorship fee or fee for attending board
meeting or such fee by whatever name called, shall at the time of payment,
deduct tax at the rate of twenty percent of the gross amount payable .
(4) Tax deductible under
sub-section (3) shall be adjustable.";
(26) in Section 150, for the
expression "Division III of Part I" the expression "Division I
of Part III" shall be substituted;
(27) in
Section 151,
(a) in sub-section (1), after
the word "Division" for the figure "I" the figure
"IA" shall be substituted; and
(b) in sub-section (3), for
the full stop, at the end, a colon shall be substituted and thereafter the
following proviso shall be added, namely:
"Provided that in
the case of a non-filer other than a company the final tax shall be equal to
the tax deductible in the case of filer and the tax deducted in excess of that
shall be advance income tax adjustable against tax liability.";
(28) in
Section 153, in sub-section (1), in clause (c),
(i) after the word and comma
"contract,", the words "including contract signed by a sportsperson"
shall be inserted; and
(ii) for the words "other than"
,the words "but not including" shall be substituted;
(29) in Section 156, in
sub-section (3), after the word "under", occurring for the second
time, the word and hyphen "sub-" shall be inserted;
(30) in
Section 159,
(i) in sub-section (1), in clause (b), for
the comma, a semicolon and the word"; or" shall be substituted and
thereafter the following new clause shall be added, namely:
"(c)
is subject to hundred per cent tax credit under Section 100C,";
(ii) in sub-section (4), for the word
"one", the word "on" shall be substituted;
(31) in Section 169, in
sub-section (1), in clause (b), for the word "of", occurring for the
eighth time, the word "or" shall be substituted;
(32) after Section 181A , the
following new section shall be inserted, namely:
"181AA. Compulsory registration in certain cases.(1) Notwithstanding
anything contained in any law, for the time being in force, any application for
commercial or industrial connection of electricity or natural gas, shall not be
processed and such connection shall not be provided unless the person applying
for electricity or gas connection is registered under Section 181.";
(33) in Section 203, in
sub-section (1), for full stop at the end a colon shall be substituted and
thereafter the following proviso shall be added, namely:
"Provided that the
Federal Government may, by notification in official Gazette, declare that a
Special Judge appointed under Section 185 of the Customs Act 1969 (IV of 1969)
shall have jurisdiction to try offences under this Ordinance.";
(34) for Section 23 IB, the
following shall be substituted, namely:
''231B. Advance tax on private motor vehicles.(1) Every motor
vehicle registering authority of Excise and Taxation Department shall collect
advance tax at the time of registration of a motor vehicle, at the rates
specified in Division VII of Part IV of the First Schedule.
(2) Every motor vehicle registering
authority of Excise and Taxation Department shall collect advance tax at the
time of transfer of registration or ownership of a private motor vehicle, at the
rates specified in Division VII of Part IV of the First Schedule:
Provided
that no collection of advance tax under this sub-section shall be made on
transfer of vehicles after five years from the date of first registration in
(3) Every manufacturer of a motor car or
jeep shall collect, at the time of sale of a motor car or jeep, advance tax at
the rate specified in Division VII of Part IV of the First Schedule from the person
to whom such sale is made.
(4) Sub-section (1) shall not apply if a
person produces evidence that tax under sub-section (3) in case of a locally manufactured
vehicle or tax under Section 148 in the case of imported vehicle was collected
from the same person in respect of the same vehicle.
(5) The advance tax collected under this
section shall be adjustable:
Provided
that the provisions of this section shall not be applicable in the case of
(a) the Federal Government;
(b) a Provincial Government;
(c) a Local Government;
(d) a foreign diplomat; or
(e) a diplomatic mission in
(35) after Section 235, the
following new sections shall be inserted, namely:
"235A. Domestic electricity consumption.--(1) There shall be
collected advance tax at the rates specified in Division XIX of Part IV of the
First Schedule on the amount of electricity bill of a domestic consumer.
(2) The person preparing electricity
consumption bill shall charge advance tax under sub-section (1) in the manner
electricity consumption charges are charged.
(3) Tax collected under this section shall
be adjustable against tax liability.
235B. Tax on steel melters, re-rollers etc.(1) There shall be
collected tax from every steel melter, steel re-roller, composite steel units,
registered for the purpose of Chapter XI of Sales Tax Special Procedure Rules, 2007
at the rate of one rupee per unit of electricity consumed for the production of
steel billets, ingots and mild steel (MS products) excluding stainless steel.
(2) The person preparing electricity
consumption bill shall charge and collect the tax under sub-section (1) in the manner
electricity consumption charges are charged and collected.
(3) The tax collected under sub- section (1)
shall be deemed to be the tax required to be deducted under sub-section (1) of Section
153, on the payment for local purchase of scrap.
(4) Tax collected under sub-section (1)
shall be non-adjustable and credit of the same shall not be allowed to any person.";
(36) in
Section 236B,
(a) in sub-section (2), for the words
"person preparing" the words "airline issuing" shall be
substituted;
(b) after sub-section (2), amended as
aforesaid, the following new sub-section shall be inserted, namely,
"(2A) The mode,
manner and time of collection shall be as may be prescribed.";
(37) after Section 236J, the
following new sections shall be inserted, namely:
"236K. Advance tax on purchase or transfer of immovable property.(1)
Any person responsible for registering or attesting transfer of any immovable
property shall at the time of registering or attesting the transfer shall collect
from the purchaser or transferee advance tax at the rate specified in Division
XVIII of Part IV of the First Schedule.
(2) The advance tax collected under
sub-section (1) shall be adjustable.
(3) The advance tax under this section shall
not be collected in the case of the Federal Government, a Provincial
Government, a Local Government or a foreign diplomatic mission in
(4) Nothing contained in this section shall
apply to a scheme introduced by the Federal Government, or a Provincial Government
or an Authority established under a Federal or Provincial law for expatriate
Pakistanis.
236L. Advance tax on purchase of international air ticket.(1)
Every airline, issuing ticket for journey originating from Pakistan, shall
collect advance tax at the rates specified in Division XX of Part IV of the
First Schedule, on the gross amount of international air tickets issued to
passengers booking one-way or return, from Pakistan.
(2) The airline issuing air ticket shall
collect or charge advance tax under sub-section (1) in the manner air ticket
charges are collected or charged, either manually or electronically.
(3) The mode, manner and time of collection
under sub-section (1) shall be as may be prescribed.
(4) The advance tax collected under
sub-section (1) shall be adjustable.
236M. Bonus shares issued by companies quoted on stock exchange.(1)
Notwithstanding anything contained in any law for the time being in force,
every company, quoted on stock exchange, issuing bonus shares to the
shareholders of the company, shall withhold five per cent of the bonus shares
to be issued.
(2) Bonus shares withheld under sub-section
(1) shall only be issued to a shareholder, if the company collects from the shareholder,
tax equal to five per cent of the value of the bonus shares issued to the
shareholder including bonus shares withheld, determined on the basis of day-end
price on the first day of closure of books.
(3) Tax under sub-section (2), shall be
collected by the company, within fifteen days of the first day of closure of
books.
(4) If the shareholder fails to make the
payment of tax under sub-section (2) within fifteen days or the company fails
to collect the said tax within fifteen days, the company shall deposit the
bonus share withheld under sub-section (1) in the Central Depository Company of
Pakistan Limited or any other entity as may be prescribed.
(5) Bonus shares deposited in the Central
Depository Company of Pakistan Limited or the entity prescribed under sub-section
(4) shall be disposed of in the mode and manner as may be prescribed and the
proceeds thereof shall be paid to the Commissioner, by way of credit to the
Federal Government.
(6) Issuance of bonus shares shall be deemed
to be the income of the shareholder and the tax collected by the company under
sub-section (2) or proceeds of the bonus shares disposed of and paid under
sub-section (5) shall be treated to have been paid on behalf of the
shareholder.
(7) Tax paid under this section shall be a
final tax on the income of the shareholder of the company arising from issuance
of bonus shares.
236N. Bonus shares issued by companies not quoted on stock exchange.(1)
Notwithstanding anything contained in any law for the time being in force,
every company, not quoted on stock exchange, issuing bonus shares to the
shareholders of the company, shall deposit tax, within fifteen days of the
closure of books, at the rate of five per cent of the value of the bonus shares
on the first day of closure of books, whether or not tax has been collected by
the company under sub-section (3).
(2) Issuance of bonus shares shall be deemed
to be the income of the shareholder and tax deposited under sub-section (1)
shall be treated to have been deposited on behalf of the shareholder.
(3) A company liable to deposit tax under
sub-section (1), shall be entitled to collect and recover the tax deposited
under sub-section (1), from the shareholder, on whose behalf the tax has been deposited,
before the issuance of bonus shares.
(4) If a shareholder neither makes payment
of tax to the company nor collects its bonus shares, within three months of the
date of issuance of bonus shares, the company may proceed to dispose of its
bonus shares to the extent it has paid tax on its behalf under sub-section (1).
(5) Tax paid under this section shall be a
final tax on the income of the shareholder of the company arising from issuance
of bonus shares.
(6) The Board may prescribe rules for
determination of value of shares under sub-section (1).
(38) in Section 239, in
sub-section (13), for the words and comma, "amended, modified", the
words and comma "amend, modify" shall be substituted;
(39) in
the FIRST SCHEDULE,
(I) in Part I,
(A)
in Division I,
(i) after paragraph (1 A), the following new
paragraph shall be inserted, namely:
"(IB)
Where the taxable income in a tax year, other than income on which the
deduction of tax is final, does not exceed one million rupees of a person
(i) holding a National Database Registration
Authority's Computerized National Identity Card for disabled persons; or
(ii) a taxpayer of the age of not less
than sixty years on the first day of that tax year, the tax liability on such
income shall be reduced by 50%.";
(ii) paragraph (2) shall be omitted.
(B)
in Division II, in clause (i), in the proviso for full stop at the end a colon
shall be substituted and thereafter the following new proviso shall be added,
namely:--
"Provided
further that the rate of tax imposed on the taxable income of a company, other
than a banking company shall be 33% for the tax year 2015";
(C)
For Division III, the following shall be substituted, namely:
"Division III
Rate of
Dividend Tax
The rate of tax imposed under Section 5 on
dividend received from a company shall be
(a) 7.5% in the case of
dividends declared or distributed by purchaser of a power project privatized by
WAPDA or on shares of a company set up for power generation or on shares of a
company, supplying coal exclusively to power generation projects; and
(b) 10%,
in all other cases:
Provided that the
dividend received by a person from a stock fund shall be taxed at the rate of
12.5% for tax year 2015 and onwards, if dividend receipts are less than capital
gains:
Provided further that
the dividend received by a company from a collective investment scheme or a
mutual fund, other than a stock fund, shall be taxed at the rate of 25% for tax
year 2015 and onwards.";
(D) in Division-VII, for the
Table, the following shall be substituted, namely:
"TABLE
S.No. |
Period |
Tax year |
Rate of tax |
(1) |
(2) |
(3) |
(4) |
1. |
Where holding period of a
security is less than six months. |
2011 |
10% |
2. |
Where holding period of a
security is more than six months but less than twelve months. |
2011 |
7.5% |
TAX
YEAR 2015
3. |
Where holding period of a security is less than twelve months. |
12.5% |
|
4. |
Where holding period of a security is twelve months or more but less
than twenty-four months. |
10% |
|
5. |
Where holding period of a security is
twenty-four months or more." |
0% |
|
Provided that the rate for companies shall be as specified in Division
II of Part I of First Schedule, in respect of debt securities;
(E) in Division VIII, in the
TABLE, after S.No 2, the following new S.No and corresponding entries relating
thereto in columns (2) and (3), shall be added, namely:--
"3. Where holding period of
immovable property is more 0%
than two years.";
(F) after Division VIII,
amended as aforesaid, the following new Division shall be added, namely.
"Division IX
Minimum tax under Section 113
S.No. |
Persons(s) |
Minimum Tax as percentage of the persons
turnover for the year |
(1) |
(2) |
(3) |
1. |
(a) Oil
marketing companies, Oil refineries, Sui Southern Gas Company Limited and Sui
Northern Gas Pipelines Limited ( for the cases where annual turnover exceeds
rupees one billion.); (b) Pakistani
Airlines; and (c) Poultry
industry including poultry breeding, broiler production, egg production and
poultry feed production. |
0.5% |
2. |
(a) Distributors
of pharmaceutical products, consumer goods including fast moving consumer
goods fertilizers and cigarettes; (b) Petroleum
agents and distributors who are registered under the Sales Tax Act, 1990; (c) Rice
mills and dealers; and (d) Flour
mills. |
0.2% |
3. |
Motorcycle dealers registered under the Sales Tax Act, 1990. |
0.25% |
4. |
In all other cases. |
1%" |
(II) for
Part II, the following shall be substituted, namely:
"PART-II
RATES OF ADVANCE TAX
[See Division II of Part V of Chapter X]
The rate of advance tax to be collected by
the Collector of Customs under Section 148 shall be
S.No. |
Persons |
Rate |
(1) |
(2) |
(3) |
1. |
(i) Industrial
undertaking importing remeltablesteel (PCT Heading 72.04) and directly
reduced iron for its own use; (ii) Persons
importing potassic fertilizers in pursuance of Economic Coordination
Committee of the cabinet's decision No. ECC-155/12/2004 dated the 9th
December, 2004; (iii) Persons
importing urea; and (iv) Manufacturers
covered under Notification No. S.R.O. 1125(I)/2011 dated the 31sl December,
2011 dated the 31st December, 2011. |
1 % of import value as increased by
customs-duty, sales tax and federal excise duty |
2. |
Persons importing pulses |
2% of import value as increased by
customs-duty, sales tax and Federal excise duty |
3. |
Commercial importers covered under
Notification No. S.R.O. 1125(I)/2011 dated the 31st December, 2011. |
3% of import value as increased by
customs-duty, sales tax and federal excise duty |
4. |
Ship breakers on import of ships |
4.5% |
5. |
Industrial undertakings not covered under
S. Nos. 1 to 4 |
5.5% |
6. |
Companies not covered under S. Nos. 1 to 5 |
5.5% |
7. |
Persons not covered under S. Nos. 1 to 6 |
6%" |
(III) Part
IIA shall be omitted;
(IV) in
Part III,
(a) for Division 1, the following shall be
substituted, namely:--
"Division I
Advance Tax
on Dividend
The rate of tax to be deducted under Section
150 shall be
(a) 7.5% in the case of
dividends declared or distributed by purchaser of a power project privatized by
WAPDA or on shares of a company set up for power generation or on shares of a
company, supplying coal exclusively to power generation projects;
(b) 10%
for filers other than mentioned in (a) above;
(c) 15%
for non-filers other than mentioned in (a) above:
Provided that the rate
of tax required to be deducted by a collective investment scheme or a mutual
fund shall be
|
Stock Fund |
Money market Fund, Income Fund or any other
fund |
Individual |
10% |
10% |
Company |
10% |
25% |
AOP |
10% |
10% |
Provided further that in
case of a stock fund if dividend receipts of the fund are less than capital
gains, the rate of tax deduction shall be 12.5%.
Division IA
Profit on Debt
The rate of tax to be deducted under Section 151 shall be 10%
of the yield or profit for filers and 15% of the yield or profit paid, for
non-filers:
Provided that for a
non-filer, if the yield or profit paid is rupees five hundred thousand or less,
the rate shall be ten per cent";
(b) in
Division III,
(A) in paragraph (1), in sub-paragraph (b),
(i) in clause (i), for the figure "3.5",
the figure "4" shall be substituted; and
(ii) in clause (ii), for the figure
"4", the figure "4.5" shall be substituted;
(B) in paragraph (2), in sub-paragraph (ii),
(i) in clause (a), for the figure "6",
the figure "8" shall be substituted; and
(ii) in
clause (b), for the figure "8", the figure "10" shall be
substituted;
(C) in paragraph
(3),--
(i) in sub-paragraph (i), for the figure
"6", the figure "7" shall be substituted;
(ii) in sub-paragraph (ii), for the figure
"6.5", the figure "7.5" shall be substituted; and
(iii) after sub-paragraph (ii), amended as
aforesaid, the following new sub-paragraph shall be added, namely:--
"(iii)
10% of the gross amount payable in case of sportspersons.";
(c) in Division IV, in paragraph (3), for the figure
"0.5", the figure "1" shall be substituted;
(d) in Division VIA, for the figure "10", the figure
"12" shall be substituted;
(V) in Part IV,
(a) for Division II, the following shall be
substituted, namely:--
Division II
Brokerage and Commission
The rate of collection under sub-section (1)
of Section 233 shall be.
(a) 7.5% of the amount of the payment, in
case of advertising agents;
(b) 12% of the amount of payment in all
other cases.";
(b) in
Division III,
(i) for clause (3), the following shall be
substituted, namely:--
"(3)
in case of other private motor cars shall be as following,
S.No. |
Engine
capacity |
For filers |
For
non-filer |
(1) |
(2) |
(3) |
(4) |
1. |
upto 1000cc |
Rs. 1,000 |
Rs.1,000 |
2. |
1001cc to 1199cc |
Rs. 1,800 |
Rs. 3,600 |
3. |
1200cc to 1299cc |
Rs. 2,000 |
Rs. 4,000 |
4. |
1300cc to 1499cc |
Rs. 3,000 |
Rs. 6,000 |
5. |
1500cc to 1599cc |
Rs. 4,500 |
Rs. 9,000 |
6. |
1600cc to 1999cc |
Rs. 6,000 |
Rs. 12,000 |
7. |
2000cc & above |
Rs. 12,000 |
Rs.
24,000" |
(ii) for
clause (4), the following shall be substituted, namely:--
"(4) where the
motor vehicle tax is collected in lump sum,--
S.No. |
Engine
capacity |
For filer |
For
non-filer |
(1) |
(2) |
(3) |
(4) |
1. |
upto 1000cc |
Rs. 10,000 |
Rs. 10,000 |
2. |
1001cc to 1199cc |
Rs. 18,000 |
Rs. 36,000 |
3. |
1200cc to 1299cc |
Rs. 20,000 |
Rs. 40,000 |
4. |
1300cc to 1499cc |
Rs. 30,000 |
Rs. 60,000 |
5. |
1500cc to 1599cc |
Rs. 45,000 |
Rs. 90,000 |
6. |
1600cc to 1999cc |
Rs. 60,000 |
Rs.
120,000 |
7. |
2000cc and above |
Rs.
120,000 |
Rs.
240,000" |
(c) in Division V, in clause
(b), for the figure "15", the figure "14" shall be
substituted;
(d) in Division VI, after the
word "withdrawn" the words and figures "for filers and 0.5% of
the cash amount withdrawn, for non-filers" shall be inserted;
(e) for Division VII, the
following shall be substituted, namely:
"Division VII
Advance tax
on purchase of private motor car and jeep
The rate of tax under sub-sections (1), (2)
and (3) of Section 23 1B shall be as follows:
S.No. |
Engine
capacity |
Tax for
filer |
Tax for
non-filer |
(1) |
(2) |
(3) |
(4) |
1. |
Upto 850cc |
Rs. 10,000 |
Rs. 10,000 |
2. |
851cc to 1000cc |
Rs. 20,000 |
Rs. 25,000 |
3. |
1001cc to 1300cc |
Rs. 30,000 |
Rs. 40,000 |
4. |
1301ce to 1600cc |
Rs. 50,000 |
Rs. 100,000 |
5. |
1601ce to 1800cc |
Rs. 75,000 |
Rs. 150,000 |
6. |
1801cc to 2000cc |
Rs. 100,000 |
Rs. 200,000 |
7. |
2001cc to 2500cc |
Rs. 150,000 |
Rs. 300,000 |
8. |
2501cc to 3000cc |
Rs.200,000 |
Rs. 400,000 |
9. |
Above 3000cc |
Rs.250,000 |
Rs. 450,000" |
Provided that the rate of tax to be collected under sub-section (2) of Section
231-B, shall be reduced by 10% each year from the date of first registration in
(f) in Division X, after the
word "received" the words and figures "for filers and 1% of the
gross amount of the consideration received for non-filers." shall be
added;
(g) in Division XI, for the
figure "10" the figure "5" shall be substituted;
(ga) for Division XIV, the
following shall be substituted, namely:
"Division XIV
Advance tax
on sale to distributors, dealers or wholesalers.
The rate of collection of tax under Section 236G
shall be as follows:--
Category of |
Rate of Tax |
|
|
Filer |
Non-Filer |
Fertilizers |
0.2% |
0.4% |
Other than fertilizers |
0.1% |
0.2%"; |
(h) after Division XVII, the
following new Divisions shall be added, namely:--
"Division XVIII
Advance tax
on purchase of immovable property
The rate of tax to be collected under Section
236K shall be:--
S.No. |
Period |
Rate of Tax |
(1) |
(2) |
(3) |
1. |
Where value of Immovable
property is up to 3 million. |
0% |
2. |
Where the value of
Immovable property is more than 3 million |
Filer
1% |
Non-Filer
2% |
Provided that the rate of
tax for Non-Filer shall be 1% upto the date appointed by the Board through
notification in official gazette.
Division XIX
Advance tax on domestic electricity consumption
The rate of tax to be collected under Section 235-A shall be--
(i) 7.5% if the amount of monthly bill is Rs.100,000 or more; and
(ii) 0% the amount of monthly bill is less than Rs. 100,000.
Division XX
Advance tax on international air ticket
The rate of tax to be collected under Section
23 6L shall be:--
S.No. |
Type of Ticket |
Rate |
(1) |
(2) |
(3) |
1. |
Economy |
0% |
2. |
Other than economy |
4%"; |
(40) in
the SECOND SCHEDULE,
(I) in Part I
(a) in clause (4), in sub-clause (b) for the words
"income year", the words "tax year" shall be substituted;
(b) clause (35) shall be omitted;
(c) in clause (57), in sub-clause (3), after
paragraph (xii), the following new paragraph shall be added, namely,
"(xiii)
Sindh Province Pension Fund established under the Sindh Province Pension Fund
Ordinance, 2002.";
(d) clauses (58), (58A), (59) and (60)
shall be omitted;
(e) in clause (66),
(i)
sub-clause (v) shall be omitted;
(ii)
clause (xxiv), occurring for the second time, clause (xxv), clause (xxvii),
clause (xxviii), occurring thrice and clause (xxix) shall be re-numbered as
clauses (xxv), (xxvi), (xxvii), (xxviii), (xxix), (xxx) and (xxxi)
respectively;
(iii)
after sub-clause (xxxi), re-numbered as aforesaid, the following new sub-clause
shall be added, namely:
"(xxx)
Greenstar Social Marketing Pakistan (Guarantee) Limited.";
(f) clauses (81 A), (88A),
(92A) and (93A) shall be omitted;
(g) in clause (99), for the
full stop, at the end, a colon shall be substituted and thereafter, the
following proviso shall be added, namely:--
"Provided that for
the purpose of determining distribution of at least 90% of accounting income,
the income distributed through bonus shares, units or certificates as the case
may be, shall not be taken into account.";
(h) for clause (126), the
following shall be substituted, namely:
"(126) Any income
of a public sector university established solely for educational purposes and
not for the purposes of profit, with effect from the 1st day of July, 2013.";
(i) for clause (126A) the
following shall be substituted, namely:--
"(126A) income
derived by China Overseas Ports Holding Company Limited from Gwadar Port
operations for a period of twenty years, with effect from the sixth day of
February, 2007.";
(j) after clause (126G), the
following new clause shall be inserted, namely:
"(126H) Profits and
gains derived by a taxpayer, from a fruit processing or preservation unit set
up in Balochistan Province, Malakand Division, Gilgit-Baltistan and FATA
between the first day of July, 2014 to the thirtieth day of June, 2017, both
days inclusive, engaged in processing of locally grown fruits, for a period of
five years beginning with the month in which the industrial undertaking is set
up or commercial production is commenced, whichever is later.";
(k) after clause (132A), the
following new clause shall be inserted, namely:--
"(132B) Profits and
gains derived by a taxpayer from a coal mining project in Sindh, supplying coal
exclusively to power generation projects."; and
(I) clause
(135) shall be omitted;
(II) in Part II,--
(a) in clause (3),
(i) after the word, "rendered" the words
"and construction contracts" shall be inserted;
(ii) for the words, "such
receipts" the words "receipts from services and income from
contracts" shall be substituted; and
(b) clauses (3A), (9B), (9C), (13E), (13HH),
(13HHH) and (17) shall be omitted;
(c) in clause (14B), for the full stop at
the end a colon shall be substituted and thereafter the following new provisos shall
be added, namely:--
"Provided
that owners of the passenger transport vehicles may pay tax for the period 1st
day of July, 2012 to 30th day of June, 2013 at the rates under this clause, if
the tax is paid by the 30th day of June, 2014:
Provided
further that the tax already paid from 1st day of July, 2012, as per rates
specified in Division III of Part IV of the First Schedule, shall not be
refunded.";
(d) after clause (18), the following new
clause shall be inserted, namely:
"(18
A) The rate of tax as specified in Division II of Part I of the First Schedule
shall be reduced to 20% for a company setting up an industrial undertaking
between the first day of July, 2014 to the thirtieth day of June, 2017, for a
period of five years beginning from the month in which the industrial
undertaking is set up or commercial production is commenced, whichever is
later:
Provided
that fifty percent of the cost of the project including working capital is
through owner equity foreign direct investment.";
(e) clauses (19), (20), (23), (24), (24B),
(26), (29) and (30) shall be omitted;
(III) in
Part III
(a) in clause (1), in sub-clause (1), in
paragraph (a), the word and comma "pilots," shall be omitted;
(b) clause (1 A) shall be omitted;
(c) after clause (1A), omitted as aforesaid,
the following new clause shall be inserted, namely:-
"(1AA)
Total allowances received by pilots of any Pakistani airlines shall be taxed at
a rate of 7.5%, provided that the reduction under this clause shall be
available to so much of the allowances as exceeds an amount equal to the basic
pay."; and
(d) Clauses (5), (7), (8), (9), (10), (11),
(12), (13), (14) and (15) shall be omitted;
(IV) in
Part IV,
(a) after clause (5), the following new
clauses shall be inserted, namely:
"(9A)
Provisions of clause (a) of sub-section (1) of Section 153, shall not apply to
steel melters, steel re-rollers, composite steel units, as a payer, in respect
of purchase of scrap, provided that tax is collected in accordance with Section
235B:
Provided
that steel melters, steel re-rollers and composite steel units may opt to pay
tax in accordance with Section 23 5 B, for tax years 2012 and 2013, if tax
liability for the said tax years is paid by the 30th day of June, 2014:
Provided
further that where tax has been deducted under clause (a) of sub-section (1) of
Section 153 or paid under an order under Section 161, it shall not be
refundable.;
(9AA)
Provisions of clause (a) of sub-section (1) of Section 153, shall not apply to
ship breakers as recipient of payment:
Provided
that this clause shall only apply for ships imported after the 1st July
2014.";
(b) clauses (10) and (10A) shall be omitted;
(c) in clause (11 A), in sub-clause (v),
after the figure and brackets, "(132)" the following shall -be inserted,
namely:--
"and
clause (132B)";
(d) clause (38B) shall be omitted;
(e) in clause (38C), after the word,
"section", the figure and comma "150," shall be inserted;
(f) clauses (41 A), (41AA), (41AAA) and
(4IB) shall be omitted;
(g) after clause (56A), the following new
clauses shall be inserted, namely:--
"(56B)
The provisions of sub-section (7) of Section 148, and clause (a) of sub-section
(1) of Section 169 shall not apply to a person being a commercial importer if
the person opts to file return of total income along with accounts and
documents as may be prescribed, subject to the condition that minimum tax
liability under normal tax regime shall not be less than 5.5%, of the imports,
if the person is a company and 6% otherwise.
(56C)
The provisions of sub-section (3) of Section 153, in respect of sale of goods
and clause (a) of sub-section (1) of Section 169 shall not apply to a person,
if the person opts to file return of total income along with accounts and
documents as may be prescribed subject to the condition that minimum tax
liability under normal tax regime shall not be less than 3.5% of the gross
amount of sales, if the person is a company and 4% otherwise.
(56D)
The provisions of sub-section (3) of Section 153, in respect of contracts and
clause (a) of sub-section (1) of Section 169 shall not apply to a person if the
person opts to file return of total income along with accounts and documents as
may be prescribed subject to the condition that minimum tax liability under
normal tax regime shall not be less than 6% of contract receipts, if the person
is a company and 6.5% otherwise.
(56E)
The provisions of sub-section (2) of Section 153 and clause (a) of sub-section
(1) of Section 169 shall not apply in respect of a person if the person opts to
file return of total income along with accounts and documents as may be
prescribed subject to the condition that minimum tax liability under normal tax
regime shall not be less than 0.5% of gross amount of services received.
(56F)
The provisions of sub-section (2) of Section 156A and clause (a) of sub-section
(1) of Section 169 shall not apply in respect of a person if the person opts to
file return of total income along with accounts and documents as may be
prescribed, subject to the condition that minimum tax liability under normal
tax regime shall not be less than 10% of the commission or discount received.
(56G)
The provisions of sub-section (3) of Section 233 and clause (a) of sub-section
(1) of Section 169 shall not apply in respect of a person if the person opts to
file return of total income along with accounts and documents as may be prescribed,
subject to the condition that minimum tax liability under normal tax regime
shall not be less than 10% of the commission.";
(h) in clause 57,--
(i) in sub-clause (vi), for the words,
"with Sales Tax Department" the words, comma and figure "under
the Sales Tax Act, 1990" shall be substituted;
(ii) after the second proviso, the following
new explanation shall be added, namely:--
"'Explanation.For the removal of
doubt, exemption under this clause, in respect of Section 153, shall only be
available as a recipient and not as withholding agent.";
(i) after clause (72B), the following proviso shall
be added, namely:
"Provided
that the certificate shall only be issued by the Commissioner if an application
for the said certificate is filed before the Commissioner, in the manner and
after fulfilling the conditions as specified by notification in the official
Gazette, issued by the Board for the purpose of this clause."
(j) clause (80) shall be omitted;
(k) in clause (82), for the figure,
"2013", the figure "2014" shall be substituted; and
(l) clauses (84), (85), (87) and (88) shall be
omitted.;
(41) in the THIRD SCHEDULE, in
Part II, in clause (1), for the figure "25", occurring for the second
time, the figure "15" shall be substituted; and
(42) in
the SEVENTH SCHEDULE,
(A) in Rule 6,--
(i) for the words "income under the head
"Dividend" and" the words "net income from
"Dividend" and net income from" shall be substituted; and
(ii) for the words "per cent",
the words "and twelve and a half, respectively'" shall be
substituted; and
(B) after Rule 6, amended as
aforesaid, the following new rules shall be inserted:--
"6A. For the
purpose of Rule 6, net income from dividend shall be computed according to the
following formula, namely: -
(A/C) x B
Where
A is
the total amount of expenditure as per this Schedule;
B is
the gross amount of dividend received; and
C is
the gross amount of receipts including dividend.
6B. For the purpose of Rule 6,
net income from capital gains shall be computed according to the following
formula, namely:
(A/C) x B
Where
A is
the total amount of expenditure as per this Schedule;
B is
the gross amount of capital gains; and
C is
the gross amount of receipts including capital gains.".
8. Amendments of the Federal Excise Act, 2005.In the Federal Excise Act, 2005, the
following further amendments shall be made, namely:--
(1) in Section 12, in
sub-section (4), in the proviso, for the full stop, at the end, a colon shall
be substituted and thereafter, the following new proviso shall be added,
namely:--
"Provided further
that the Board may through a general order specify zones or areas only for the
purpose of determination of highest retail price for any brand or variety of
goods.";
(2) in
the First Schedule,
(a) in Table 1, in column (1),
(i) for S. Nos. 9 and 10 and the
corresponding entries relating thereto in columns (2), (3) and (4), the
following shall respectively be substituted, namely:-
9. |
Locally produced cigarettes if their
on-pack printed retail price exceeds rupees two thousand seven hundred and
six per thousand cigarettes |
24.02 |
Rupees two thousand six hundred and thirty
two per thousand cigarettes. |
10. |
Locally produced cigarettes if their
on-pack printed retail price does not exceed rupees two thousand seven
hundred and six per thousand cigarettes |
24.02 |
Rupees one thousand and eighty five per
thousand cigarettes."; |
(ii) against S. No. 13, in column (4), for the
words "four hundred rupees per metric ton" the words "five per
cent of the retail price" shall be substituted; and
(iii) against S. No. 55, in column (2), for the
word "Motor", the words 'imported motor" shall be substituted;
(iv) in the heading "Restrictions"
in the sub-heading "Variant at different price points" for figures
and hyphen "2012-13" the words "of the current financial
year" shall be substituted; and
(b) in
Table-II, in column (1),
(i) against S. No. 3, for the entries
relating thereto in columns (2), (3) and (4), the following shall be
substituted, namely:--
"Facilities
for travel |
98.03 |
|
(a)
Services provided or rendered in respect of travel by air of passengers
within the territorial jurisdiction of |
9803.1000 |
|
(i) Long routes |
|
Two
thousand and five hundred rupees |
(ii) Short routes |
|
One
thousand two hundred and fifty rupees |
(iii) Socio-economic routes |
|
Five
hundred rupees |
Explanation.--For the purpose of this entry, "Long
routes" means journeys exceeding 500 kilometers, "short routes"
means the remaining journeys, other than socio-economic routes, and
"socio-economic routes" means journeys along the Balochistan coastal
belt. Routes exempt from duty as on 1st July, 2014 shall, however, remain
exempt.
(b) services provided or rendered in
respect of travel by air of passengers embarking on international journey
from |
|
|
(i) Economy
and economy plus |
|
Five thousand rupees |
(ii) Club, business and first class. |
|
Ten thousand rupees; |
(ii) against S. No. 6,
(a) in column (2), after the word
"services", the comma and words ",excluding such services in the
area of a Province where such Province has imposed Provincial sales tax and has
started collecting the same through its own Board or Authority, as the case may
be" shall be added; and
(b) in column (4), for the word
"nineteen", the word "Eighteen" shall be substituted; and
(iii) after S. No. 14, the
following new serial number and corresponding entries relating thereto in
columns (2), (3) and (4) shall be added, namely:--
"15. |
Chartered flights |
98.03 |
Sixteen per cent of the charges.". |
9. Amendment of Act XXI of 2011.In the Gas Infrastructure Development Cess
Act, 2011 (XXI of 2011), the following further amendments shall be made
namely:--
(1) in Section 3, in sub-section
(1), for the full stop, at the end, a colon shall be substituted and thereafter
the following proviso shall be added, namely:
"Provided that the
Federal Government may decide to levy any rate of Cess on any category of gas
consumers subject to maximum rate provided in the Second Schedule.";
(2) in the First
Schedule,
(a) in entry 4, the word "and", at
the end, shall be omitted;
(b) in entry 5, for the full stop, at the
end, a semi colon and the word "and" shall be substituted and
thereafter the following shall be added, namely:
"6. Oil and Gas Development Company
Limited; and
7. Any other
company engaged in sale of gas to any category of gas consumers as notified in
the official gazette.";
(3) for the Second Schedule, the following shall be substituted, namely:
THE SECOND
SCHEDULE
[See Section 3]
S. No. |
Sector |
Maximum Rate of Cess (Rs/MMBTU) |
(1) |
(2) |
(3) |
1. |
Fertilizer - Feed Stock |
300 |
2. |
Compressed Natural Gas (CNG) |
300 |
3. |
Industrial including Fertilizer Fuel Stock |
150 |
4. |
Captive Power |
200 |
5. |
WAPDA/ KESC/GENCOs |
100 |
6. |
Independent Power Plants (IPPs) |
100 |
7. |
Commercial including Ice Factories |
-- |
8. |
Cement |
-- |
9. |
|
-- |
10. |
Domestic |
-- |
10. Repeal of Income
Support Levy Act of 2013. The Income Support Levy Act, 2013 is hereby repealed.
The Schedule, seet at
Gazette of
-------------------------