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GOVERNEMNT OF PAKISTAN REVENUE DIVISION CENTRAL BOARD OF REVENUE (SALES TAX WING)
SALES TAX RULING/INSTRUCTION NO. 12/2002
C.No.1(247)STT/99
Islamabad, the 6^th February, 2002

Mr. Saeed Ullah Sheikh,
Chief Executive,
M/s. MAGNA Tech (Pvt) Ltd,
P-15, Rail Bazar,
Faisalabad.

SUBJECT:

REQUEST TO CLARIFY THAT THE CONDITIONS LAID DOWN IN PARA 2 OF SRO 987(I)/99 DATED 30-08-1999 ARE APPLICABLE OLY TO PLANT AND MACHINERY AND NOT TO THE COMPONENTS.

I am directed to refer to your letter dated 10^th January, 2002, on the subject cited above and to say that your contention regarding applicability of the conditions stipulated in para 2 of SRO 987(I)/99, dated 30^th August, 1999 on the component parts of machinery has been examined by the Board. It is clarified that in para 1 of the said Notification such plant and machinery has been notified by the Federal Government which is entitled to the exemption of sales tax in terms of serial No. 44 of the Sixth Schedule to the Sales Tax Act, 1990, provided the procedure and conditions prescribed in the said notification are fulfilled. Therefore, your contention in this regard is not tenable.

Sd/-
(DR. ASHFAQ AHMED TUNIO)
Secretary (ST-L&P)

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