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FBR Press Release

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Explanatory notes for SRO 154(I)/2008 dated 21.02.2008

The notification amends SRO 645(I)/2007 dated 27.06.2007 and excludes finished pesticides from purview of 2% additional tax payable by commercial importers under SRO 645(I)/2007. The notification is continuation of SRO 91(I)/2008 dated 30.01.2008 which excluded active ingredients of pesticides from purview of SRO 645(I)/2007 and now through this notification the pesticides falling in PCT 38.08 have also been so excluded. It may be noted that finished pesticides and active ingredients are already subject to 2.25% additional tax under SRO 645(I)/2006 dated 21.06.2006.
Abdul Hameed Memon
Feb 22, 2008
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