FED to be charged 0.5% on local supply of white crystalline sugar to equivalent to quantity exported (excepted by land routs to Afghanistan and Centrel Asian Republics ), subject to conditions in SRO.
SRO 2013(I)/77 is a Federal Excise SRO dated 11 February 2013, listed by FBR as "FED to be charged 0.5% on local supply of white crystalline sugar to equivalent to quantity exported (excepted by land routs to Afghanistan and Centrel Asian Republics ), subject to conditions in SRO.".
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
Revenue Division
Federal Board of Revenue
Islamabad, the 7th February, 2013
NOTIFICATION
(FEDERAL EXCISE)
S.R.O. 77(I)/2013. - In exercise of the powers conferred by sub-section (4) of section 3 of the Federal Excise Act, 2005 the Federal Government is pleased to specify the rate of Federal Excise Duty on the item in column (2) of the Table below, falling under the PCT Heading numbers specified in column (3) of the said Table, at the rate specified in column (4) thereof subject to the conditions given as below, namely:-
TABLE
| Sr. No | Item Description | Heading Number in the First Schedule to the Customs Act, 1969 (IV of 1969 | Rate of Duty |
|---|---|---|---|
| (1) | (2) | (3) | (4) |
| 1. | White crystalline sugar | 1701.9910 and 1701.9920 | 0.5% |
(a) rate of duty in column (4) of the Table shall only be applicable on the quantity of local supply of sugar equivalent to the quantity actually exported by the sugar manufacturer, in accordance with the export quota allotted in pursuance of the decision of the ECC in its meeting held on January 10, 2013;
(b) the sugar manufacturer shall present the proof of such export to the concerned Commissioner of Inland Revenue along with the return for the tax period following the tax period in which such export took place. The sugar manufacturer shall also file the calculation in the form given in the Annexure to this notification along with the return;
(c) the quantity exported does not exceed the quota allotted in pursuance of the aforesaid decision of the ECC; and
(d) the benefit of this notification shall not be admissible in respect of exports by land routes to Afghanistan and Central Asian Republics.
Explanation.- If a sugar manufacturer actually exports any quantity of sugar, only then the sugar manufacturer is allowed to charge the FED as given in column (4) of the Table on equivalent quantity of local sale of sugar on supplies made in the tax period succeeding the tax period in which the export took place.
Page 2
Annexure
CALCULATION OF FED OUTPUT LIABILITY
| Item | Amount | |
|---|---|---|
| A. | Total supplies during the tax period (Qty.) | ________ MT |
| (a) Local Supplies | ________ MT | |
| (b) Exports in the preceding Tax Period | ________ MT | |
| B. | Local supplies eligible for concessional rate | ________ MT |
| C. | Value of eligible local supplies | Rs. ________ |
| (i) FED on eligible supplies @ 0.5% | Rs. ________ | |
| (ii) FED on non-eligible local supplies @ 8% | Rs. ________ | |
| D. | Total FED for the tax period | Rs. ________ |
[C.N. 2(172 )/EX/2012]
( Muhammad Raza Baqir )
Member -IR (Operations)/
Additional Secretary
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