Amendment in the Twelfth Schedule
SRO 1240(I)/2020 is an Income Tax SRO dated 20 November 2020, listed by FBR as "Amendment in the Twelfth Schedule".
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
Revenue Division
Federal Board of Revenue
Islamabad, the 20th November, 2020.
NOTIFICATION
(Income Tax)
S.R.O. 1240 (I)/2020. - In exercise of the powers conferred by first proviso to section 148 of the Income Tax Ordinance, 2001 (XLIX of 2001), the Federal Board of Revenue is pleased to direct that the following further amendments shall be made in the Twelfth Schedule to the said Ordinance, namely:-
In the aforesaid Schedule, in Part II, in columns (1) and (2),-
(1) after PCT Code 32.02, the following new PCT Codes and entries relating thereto shall respectively be inserted, namely:-
| "3204.1100 | Disperse Dyes And Preparations Based Thereon |
| 3204.1200 | Acid dyes, whether or not premetallised, and preparations based thereon; mordant dyes and preparations based thereon |
| 3204.1300 | Basic dyes and preparations based thereon |
| 3204.1400 | Direct Dyes And Preparations Based Thereon |
| 3204.1510 | Indigo Blue |
| 3204.1590 | Other Vat dyes (including those usable in that state as pigments) and preparations based thereon: |
| 3204.1600 | Reactive Dyes And Preparations Based Thereon |
| Pigments and preparations based thereon: | |
| 3204.1710 | (a) Powdered |
| 3204.1720 | (b) Liquid |
| 3204.1790 | (c) Other |
| 3204.1910 | Dyes, Sulphur |
| 3204.1990 | Dyes, Synthetic |
| 3204.2000 | Synthetic Organic Products Of A Kind Used As Fluorescent Brightening Agents |
| 3204.9000 | Other Synthetic organic colouring matter |
| 3206.1900 | Pigments and preparations based on titanium dioxide " |
;
(2) after PCT Code 33.02, the following new PCT Codes and entries relating thereto shall respectively be inserted, namely:-
| "3402.1220 | Cationic surface active agents |
| 3402.1300 | Non-ionic surface active agents |
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| 3402.9000 | Surface active preparations and cleaning preparations excluding detergents " |
;
(3) after PCT Code 34.03, the following new PCT Codes and entries relating thereto shall respectively be inserted, namely:-
| "3404.9090 | Other artificial waxes " |
;
(4) after PCT Code 35.05, the following new PCT Codes and entries relating thereto shall respectively be inserted, namely:-
| "3506.9110 3506.9190 | Hot melt adhesive |
| 3507.9000 | Enzymes " |
;
(5) after PCT Code 39.04, the following new PCT Codes and entries relating thereto shall respectively be inserted, namely:-
| "3905.3000 | Polymers in vinyl alchol |
| 3906.9030 | Other acrylic polymers " |
;
(6) after PCT Code 39.12, the following new PCT Codes and entries relating thereto shall respectively be inserted, namely:-
| "3912.2010 | Cellulose Nitrates Nonplasticised |
| 3912.2090 | Other cellulose Nitrates |
| 3912.3100 | Carboxymethylcellulose And Its Salts " |
;
(7) after PCT Code 44.06, the following new PCT Codes and entries relating thereto shall respectively be inserted, namely:-
| "4407.1100 | Of Pine (Pinus Spp.) |
| 4407.1200 | Of Fir (Abies Spp.) And Spruce (Picea Spp.) |
| 4407.1900 | Other - Coniferous: |
| 4407.2100 | Mahogany (Swietenia Spp.) |
| 4407.2200 | Virola, Imbuia And Balsa |
| 4407.2500 | Dark Red Meranti, Light Red Meranti And MerantiBakau |
| 4407.2600 | White Lauan, White Meranti, White Seraya, Yellow Meranti And Alan |
| 4407.2700 | Sapelli |
| 4407.2900 | Other - Of tropical wood: |
| 4407.9100 | Of Oak (Quercus Spp.) |
| 4407.9200 | Of Beech (Fagus Spp.) |
| 4407.9300 | Of Maple (Acer Spp.) |
| 4407.9500 | Of Ash (Fraxinus Spp.) |
| 4407.9700 | Of Poplar And Aspen (Populus Spp.) |
| 4407.9900 | Wood sawn or chipped lengthwise, sliced or peeled, whether or not planned, sanded or end- jointed, of a |
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| thickness exceeding 6 mm. - - Other " |
;
(8) after PCT Code 54.02, the following new PCT Codes and entries relating thereto shall respectively be inserted, namely:-
| "5403.3100 | Viscose Rayon, Untwisted Or With A Twist Not Exceeding 120 Turns Per Metre |
| 5403.3910 | Cuprammonium Rayon " |
; and
(9) after PCT Code 55.03, the following new PCT Codes and entries relating thereto shall respectively be inserted, namely:-
| "5503.2010 | Synthetic staple fibres, not carded, combed or otherwise |
."
[F.No. 4(109)IT-Budget/2020].
(Tariq Iqbal)
Secretary (Rule & SROs)
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