PAKISTAN HOSIERY MANUFACTURERS & EXPORTERS ASSOCIATION
37-H, BLOCK-6 P.E.C.H.S., KARACHI-PAKISTAN
TEL: 0092-21-34522769, 34522685, 34544765 FAX: 0092-21-34543774
E-MAIL: info@phmaonline.com URL www.phmaonline.com
Ref. No. PHMA/Cir-005/2017
Dated: 24th January, 2017
TO ALL MEMBERS OF THE ASSOCIATION
Textile units
registered with Ministry of Textile Industry
given GST exemption
on the import of machinery
The Federal Board of Revenue (FBR) has exempted sales tax on
the import of machinery (not manufactured locally) by textile units registered
with the Ministry of Textile Industry from January 16, 2017 till June 30, 2018.
In this connection, the FBR has amended SRO
1125(1)2011 through an SRO 36(1)/2017 issued here on Monday.
SRO 36(1)/2017 is attached herewith.
According to the SRO, zero per cent sales tax
would be applicable on machinery, not manufactured locally, if imported by
textile industrial units registered with Ministry of Textile Industry, as
specified in Part IV of the Fifth Schedule to the Customs Act, 1969, subject to
same conditions as specified therein.
Best
Regards,
Yunus
Bin Aiyoob
Secretary
General
Enclosed: SRO 36(1)/2017.
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PAKISTAN HOSIERY MANUFACTURERS & EXPORTERS ASSOCIATION (PHMA)
Central Office: PHMA House, 37-H, Block-6,
P.E.C.H.S., Karachi-74500, Pakistan
+92-21-34544765
+92-21-34544764 / 34545683
+92-21-34543774
+92-309-3337462
Offices:
Karachi |
Faisalabad |
Lahore |
Sialkot
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