Amendment in SRO 656(I)/2006 dated 22.06.2006
SRO 2069(I)/2022 is a Customs SRO dated 1 December 2022, listed by FBR as "Amendment in SRO 656(I)/2006 dated 22.06.2006".
FBR publishes this SRO as scanned images, so the text below was transcribed by Qanoon Digest from the page images, with tables set out as tables. Check the official PDF before relying on any wording or figure.
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Government of Pakistan
Ministry of Finance & Revenue
(Revenue Division)
NOTIFICATION
Islamabad, the 1st December, 2022
S.R.O. 2069(I)/2022.- In exercise of the power conferred by section 19 of the Customs Act, 1969 (IV of 1969), the Federal Government is pleased to direct that the following further amendments shall be made in its Notification No. S.R.O. 656(I)/2006, dated the 22nd day of June, 2006, namely: -
In the aforesaid Notification, -
(i) in paragraph (2A), for the full stop at the end a colon shall be substituted and thereafter the following proviso shall be added, namely: -
"Provided that in line with Auto Industry Development and Export Policy (AIDEP) 2021-26 approved by the Economic Coordination Committee (ECC) of the Cabinet's decision in case No. ECC-442/43/2021 dated 16.12.2021 and ratified by the Cabinet in case No. 1237/42/2021 dated 21.12.2021 regarding export promotion, the benefit of Notification No. S.R.O 656(I)/2006 dated 22.06.2006 shall be admissible subject to fulfilment of conditions as laid down in Notification No. S.R.O 8(1)/2021-LED-II dated 01.03.2022 issued by the Ministry of Industries and Production, Islamabad,";
(ii) in Table-I, -
(a) after Serial No. 6(a), in column (1), the following new Serial No. 6(a1) and entries relating thereto in columns (2), (3) and (4), shall be inserted, namely, -
| (1) | (2) | (3) | (4) |
|---|---|---|---|
| "6(a1) | Cars of PCT heading 87.03 upto 1000cc (excluding specially designed twin cabin type taxi PCT heading 8703.3227 | (i) components for assembly / manufacture in any kit form | 30% but 15% for new make or model as certified by EDB for three years from the |
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| (1) | (2) | (3) | (4) |
|---|---|---|---|
| and 4-stroke auto Rickshaw of PCT heading 8703.2115, mini vans and 4x4 vehicles) | date of issuance of manufacturing certificate or upto 30th June 2026, whichever is earlier | ||
| (ii) Tyres/ Tubes | 16%"; and |
(b) after Serial No. 6(b), in column (1), the following new Serial No. 6(b1) and entries relating thereto in columns (2), (3) and (4), shall be inserted, namely, -
| (1) | (2) | (3) | (4) |
|---|---|---|---|
| "6(b1) | Cars of PCT heading 87.03 exceeding 1000cc (excluding specially designed twin cabin type taxi PCT heading 8703.3227 and 4-stroke auto Rickshaw of PCT heading 8703.2115, mini vans and 4x4 vehicles) | (i) components for assembly / manufacture in any kit form | 30% |
| (ii) Tyres/ Tubes | 16%". |
[C. No. 1(6)Tar-III/2016]
(Suraiya Ahmed Butt)
Additional Secretary
Which SROs does the title refer to?
- SRO 656(I)/200622 June 2006Exemtption of cutoms duty for OEMs of Automotive sector.
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- SRO 2242(I)/202212 December 2022Amendment in SRO 693(I)/2006
- SRO 1954(I)/202224 October 2022Amendment in S.R.O 967(I)/2022 dated 30.06.2022 (ACD)
- SRO 1953(I)/202224 October 2022Amendment in S.R.O 966(I)/2022 dated 30.06.2022 (RD)