To Exempt ST on Local Supply of HEVs
SRO 587(I)/2017 is a Sales Tax SRO dated 1 July 2017, listed by FBR as "To Exempt ST on Local Supply of HEVs".
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
FEDERAL BOARD OF REVENUE
(REVENUE DIVISION)
Islamabad, the 1st July, 2017.
NOTIFICATION
(SALES TAX)
S.R.O. 587(I)/2017.- In exercise of the powers conferred by clause (b) of sub-section (2) of section 3 of the Sales Tax Act, 1990, the Board with the approval of the Federal Minister-in-charge is pleased to direct that sales tax shall be charged on local supply of Hybrid Electric Vehicles (HEVs) falling under the PCT heading 87.03 at the rates specified in the Table below, namely:-
TABLE
| S. No. | Engine capacity | Rate of sales tax |
|---|---|---|
| (1) | (2) | (3) |
| 1 | Upto 1800 CC | 50% of the rate specified in sub-section (1) of section 3 of the Sales Tax Act, 1990 |
| 2. | 1801 CC to 2500 CC | 75% of the rate specified in sub-section (1) of section 3 of the Sales Tax Act, 1990 |
[C. No. 4/22-STB/2017]
(Muhammad Zaheer Qureshi)
Secretary (ST&FE-Budget)
Which later SROs refer to this one?
SROs whose FBR title names SRO 587(I)/2017, usually to amend or rescind it.
- SRO 983(I)/20214 August 2021Rescission of SRO 587(I)/2017 dated 01.07.2017
Related Sales Tax SROs on exemptions and concessions
- SRO 47(I)/201823 January 2018Exemption of whole Sales Tax and FED on imported construction material and goods imported by M/s CSCECL
- SRO 46(I)/201823 January 2018Zero-rating of Sales Tax on import of raw and ginned cotton
- SRO 641(I)/201713 July 2017Exemption from Sales Tax on Goods and Services Provided to the German Development Agency
- SRO 590(I)/20171 July 2017To exempt IT Services from S.T Under ICT Ord 2001
- SRO 116(I)/201723 February 2017Exemption of Sales Tax on Supply of Furniture and other equipment for IT Labs of three Colleges in AJ & K affected by Earthquake, 2005
- SRO 42(I)/201726 January 2017Exemption to equipment for contractor of Lahore Orange Line Metro Train Project