Draft Amendments in rule 840 & rule 842 of the Customs Rules, 2001

Government of Pakistan

(Revenue Division)

Federal Board of Revenue

******

NOTIFICATION

Islamabad, the 3rd June, 2024.

(1)12024.- The following draft of further amendment in the Customs

805

S.R.O.

Rules, 2001, which the Federal Board of Revenue proposes to make in exercise of its

powers conferred by section 219 of the Customs Act, 1969 (IV of 1969), section 50 of the

Sales Tax Act, 1990, section 40 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 by sub-section (3A) of the said section 219,

notice is hereby given that objections or suggestions thereon, if any, may for

consideration of the Board be sent within fifteen days of publication of the draft

amendment in the official Gazette. Objections or suggestions which may be received

from any person, before expiry of the aforesaid period, shall be taken into consideration

by the Federal Board of Revenue, namely:-

DRAFT AMENDMENTS

In the aforesaid Rules, in Chapter XXXIX, in sub-chapter 1,-

in rule 840, in sub-rule (1), after the word "countries", the expression

(1)

"provided that the transaction between Gwadar free zone and tariff area

shall be allowed in Pak rupees" shall be added; and

(2) in rule 842, in sub-rule (1), after the word "thereunder", the expression

"provided that the transaction between Gwadar free zone and tariff area

shall be allowed in Pak rupees" shall be added.

[C.No.2(3)L&P/2020]

(Tausif Aman urchanft

Secretary (Law and Procedure)