Sales Tax shall be charged at the rate zero percent on import of 111 buses , imported during the financial year 2011-2012. by M/S Foton Bus Company (Pvt),ltd.
SRO 496(I)/2016 is a Sales Tax SRO dated 14 July 2016, listed by FBR as "Sales Tax shall be charged at the rate zero percent on import of 111 buses , imported during the financial year 2011-2012. by M/S Foton Bus Company (Pvt),ltd.".
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
MINISTRY OF FINANCE, ECONOMIC AFFAIRS,
STATISTICS AND REVENUE
(REVENUE DIVISION)
Islamabad, the 14th July, 2016.
NOTIFICATION
(SALES TAX)
S.R.O. 496(I)/2016.- In exercise of the powers conferred by clause (c) of section 4 of the Sales Tax Act, 1990, the Federal Government is pleased to direct that the sales tax shall be charged at the rate of zero percent on the import of 111 buses, imported during the financial year 2011-2012, by M/s Foton Bus Company (Pvt.) Limited.
[C. No. 2(48)Ex/2011]
(Rehmatullah Khan Wazir)
Additional Secretary
Related Sales Tax SROs on sales tax schedules and rates
- SRO 806(I)/201631 August 2016Change in Rate of Sales Tax on petroleum products with effect from 1st September, 2016
- SRO 500(I)201630 July 2016Rate of Sales Tax on petroleum products with effect from 1st August, 2016
- SRO 495(I)/20164 July 2016Rationalization of rate of sales tax on services in Islamabad Capital Territory
- SRO 492(I)/201630 June 2016Fixation of minimum value of imported and domestically produced sugar for sales tax
- SRO 490(I)/201630 June 2016Change in sales tax rates on petroleum products
- SRO 471(I)/201631 May 2016Sales Tax rates for Petroleum Products effective from 1st June 2016