Amendment in the Export Oriented Units and Medium Enterprises Rules, 2008

GOVERNMENT OF PAKISTAN
(REVENUE DIVISION)
FEDERAL BOARD OF REVENUE

Islamabad, the 10th February, 2021.

NOTIFICATION
(CUSTOMS)

S.R.O. 181 (I)/2021.- The following draft of certain further amendments in the Export Oriented Units and Small and Medium Enterprises Rules, 2008 which it is proposed to be made by the Federal Board of Revenue, in exercise of the powers conferred by section 219 of the Customs Act, 1969 (IV of 1969), section 50 of the Sales Tax Act, 1990, section 40 of the Federal Excise Act, 2005 and section 237 of the Income Tax Ordinance, 2001 (XLIX of 2001), is hereby published for information of all persons likely to be affected thereby and, as required under sub-section (3A) of section 219 of the Customs Act, 1969 (IV of 1969), notice is hereby given that any suggestions or objections thereon may, for consideration of Federal Board of Revenue, be sent within fifteen days of the publication of the proposed draft amendments in the official Gazette. Suggestions or objections received, if any, before the expiry of the said period shall be taken into consideration by the Federal Board of Revenue, namely.-

In the aforesaid Rules, in rule 6, for full stop at the end, a colon shall be substituted and thereafter the following proviso shall be added, namely:-

"Provided that the Risk Management System of WeBOC may select the application of a licensee of an export oriented unit, on the basis of selectivity criteria, for automatic renewal for a period of one year. Such applications shall however be subjected to post approval verification by the respective Collectorate.".

[C.No.5(6)EP/2014]

(Muhammad Omer Latif)
Second Secretary (Export Policy)