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FBR Extends Warehousing Period and Waiver off Penal Surcharge on overstayed Warehoused goods.

SRO 595/2011 is a Customs SRO dated 10 June 2011, listed by FBR as "FBR Extends Warehousing Period and Waiver off Penal Surcharge on overstayed Warehoused goods.".

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 AND REVENUE
(REVENUE DIVISION)

Islamabad, the 10th June, 2011.

NOTIFICATION
(CUSTOMS)

S.R.O. 595 (I)/2011. - In exercise of the powers conferred by sub-sections (2) and (3) of section 98 of the Customs Act, 1969 (IV of 1969), the Federal Government is pleased to-

(a) extend, up to the 30th June, 2011 the period for which warehoused goods may remain in the warehouse; and

(b) remit penal surcharge in the case of goods which are cleared from the warehouse within the period from the 10th June, 2011 to the 30th June, 2011.

Provided that this notification shall not apply to the goods which have since been abandoned or auctioned under the rules.

[C. No.17(I)8/L&P/2001-pt]

(Mumtaz Haider Rizvi)
Additional Secretary

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