Exemptions on import of drones donated by Ministry of Agriculture and Rural Affairs (MARA), China to Pakistan through Sea Route
SRO 1407(I)/2021 is an Income Tax SRO dated 29 October 2021, listed by FBR as "Exemptions on import of drones donated by Ministry of Agriculture and Rural Affairs (MARA), China to Pakistan through Sea Route".
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
Inland Revenue
Islamabad, the 29th October, 2021
Notification
(Income Tax)
S.R.O.1407 (I)/2021.- In exercise of the powers conferred by sub-section (2) of section 53 of the Income Tax Ordinance, 2001 (XLIX of 2001) in pursuance to the Decision of the Cabinet in Case No. 794/28/2021 dated 31.08.2021 the Federal Government is pleased to direct that the following further amendment shall be made in the Second Schedule to the said Ordinance, namely:-
In the aforesaid Schedule, in Part IV, after Clause (12N), the following new Clause shall be added, namely:-
"(12O) The provisions of section 148 shall not apply on import of drones donated by Ministry of Agriculture and Rural Affairs (MARA), Government of China to Pakistan through Sea Route.".
[F.No.1(40)R&S/2021]
(Afaque Ahmed Qureshi)
Additional Secretary
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