Exemption of whole of customs duty on import of construction materials and goods, whether or not manufactured locally, imported by M/s CSCEC for the construction of Karachi-Peshawar Motorway (Sukkur-Multan Section)
SRO 51(I)/2018 is a Customs SRO dated 24 January 2018, listed by FBR as "Exemption of whole of customs duty on import of construction materials and goods, whether or not manufactured locally, imported by M/s CSCEC for the construction of Karachi-Peshawar Motorway (Sukkur-Multan Section)".
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.
Page 1
GOVERNMENT OF PAKISTAN
MINISTRY OF FINANCE, ECONOMIC AFFAIRS, STATISTICS & REVENUE
(REVENUE DIVISION)
Islamabad, the 24th January, 2018.
NOTIFICATION
(CUSTOMS)
S.R.O. 51(I)/2018.- In exercise of the powers conferred by section 19 of the Customs Act, 1969, the Board with the approval of Federal Minister-in-charge is pleased to direct that the following further amendments shall be made in its Notification No. S.R.O 642(I)/2016, dated the 27th July, 2016, namely:-
In the aforesaid Notification,-
(a) in the preamble, after the words and comma "the said Act," the words "and construction materials and goods, whether or not manufactured locally, imported by M/s CSCEC for the construction of Karachi - Peshawar Motorway (Sukkur - Multan Section), involving an amount not exceeding ten thousand eight hundred ninety-eight million Rupees as leviable duties and taxes, shall be exempt from whole of customs duties leviable under section 18 of the said Act," shall be inserted;
(b) after condition (viii), the following shall be inserted, namely:-
"(viiia) that the Ministry of Communication shall provide details of required materials and goods and shall certify their consumption to the clearance Collectorate for discharge of the indemnity bond submitted in terms of the condition at para (iii). In case of non-consumption, the imported construction materials and goods may be sold, disposed of or surrendered to Customs on such terms and conditions and subject to payment of customs duties as may be prescribed by the FBR. In case imported construction materials and goods are sold or otherwise disposed of without prior approval of the FBR, the same shall be subject to payment of statutory rates of customs duties as were applicable at the time of import;".
[C.No.1/10/Tariff-II/2016]
(Muhammad Zahid)
Additional Secretary/Member (Customs)
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