Draft of certain further amendments in the Export Oriented Units and Small and Medium Enterprises Rules, 2008

GOVERNMENT OF PAKISTAN

(REVENUE DIVISION)

FEDERAL BOARD OF REVENUE

*****

Islamabad, the 18th June, 2021.

NOTIFICATION

(CUSTOMS)

S.R.0.70(1)/2021.- The following draft of certain further amendments in the Export

Oriented Units and Small and Medium Enterprises Rules, 2008 which it is proposed to be made

bythe Federal Board of Revenue, in exercise of the powers conferred by section 219 of the

Customs Act, 1969 (IV of 1969), section 50 of the Sales Tax Act, 1990, section 10 of the Federal

Excise Act, 2005 and section 237 of the Income Tax Ordinance, 2001 (XLIX of 2001), is hereby

published for information of all persons likely to be affected thereby and, as required under sub-

section (3A) of section 219 of the Customs Act, 1969 (IV of 1969), notice is hereby given that

any suggestions or objections thereon may, for consideration of the Federal Board of Revenue,

be sent within ten days of publication of the proposed draft amendments in the official Gazette.

Suggestions or objections received,if any, before the expiry of the said period, shall be taken into

consideration by the Federal Board of Revenue, namely:-

In the aforesaid Rules,-

(1) in rule 2, in sub-rule (1),-

(a) after clause (c), the following new clause shall be inserted, namely:-

"(el). "export" includes supply of goods,—

by an indirect exporter to a direct exporter;

against international tenderseither to supply locally or to

export abroad;

to projects or sectors entitled to import or purchase such

goods free of duties and taxes; and

to export processing zones."; and

(b) for the clause (1),the following shall be substituted, namely:-

"vendor" means "a person who is registered as manufacturer under

the Sales Tax Act, 1990 and to whom goods are provided by the

licensee for further manufacture of goods";

(2) in rule 3, in sub-rule (1), for clause (c), the following shall be substituted, namely:-

"(c) banker's certificate directly forwarded by the bank to the regulatory

authority under sealed envelope regarding financial transactions of the

applicant during the last two years and in case of newly incorporated

companies bank certificatedirectly forwarded by the bank to the regulatory

authority under sealed envelope along-with the statement showing funds

equivalent to the amount of duty and taxes required for purported imports

under these rules;";

in rule 9, in sub-rule (2), inthe first proviso, after the words "provisional analysis

certificate", the words "as applied by the licensee" shall be inserted; and

in rule 10, in sub-rule (1), for clause (al), the following shall be substituted,

namely:-

"(al) the input goods may be transferred after filling such transfers in WeBOC

on intimation to the Collector or regulatory authority from the units

th

operating under Notification No. S.R.0 327(1)/2008 dated the 29 March,

2008 or DIRE Rules or a Customs Bond to another Export Oriented Unit

without payment of customs duty and other taxes against an indemnity

bond as set out in Appendix —VII to this chapter submitted to the Collector

or regulatory authority:

Provided that such transfers of input goods under this sub-

rule shall be subject to the condition that the seller (licensee) shall

file declaration regarding such transfers under the WeBOC and

acceptance of the same through declaration by the buyer (licensee)

under Weber;".

rC.No.3(1)EP/20211

(Muhammad Duad Pi ado)

Secretary (Export Po icy)