GOVERNMENT OF PAKISTAN
MINISTRY OF FINANCE, ECONOMIC AFFAIRS, STATISTICS & REVENUE
(REVENUE DIVISION)
Islamabad, the 12th June, 2013.
NOTIFICATION
(Customs, Sales Tax and Income Tax)
S.R.O. 499 (I)/2013.- In exercise of the powers conferred by section 19 of the Customs Act, 1969 (IV of 1969), clause (a) of sub-section (2) of section 13 of the Sales Tax Act, 1990 and sections 53 and 148 of the Income Tax Ordinance, 2001 (XLIX of 2001), and in super session of Notification No. S.R.O. 607(I)/2012, dated the 2nd June, 2012, the Federal Government is pleased to exempt customs duty, sales tax and withholding tax on import of Hybrid Electric Vehicles (HEVs) falling under PCT Code 87.03, specified in column (2) of the Table below, to the extent as specified in column (3) thereof, namely:-
TABLE
S. No
Engine Capacity
Extent of exemption in leviable duty & taxes
Upto 1200 CC 100%
From 1201 CC to 1800 CC 50%
From 1801 CC to 2500 CC 25%
This notification shall take effect from the 13th day of June, 2013.
[C. No.1(3)Tar-III/2012/Pt-I]
(Mohammad Riaz)
Additional Secretary