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
Ref. No. PHMA/Cir-071/2016
Dated: 21st September, 2016
TO ALL MEMBERS OF THE ASSOCIATION
FBR issues procedure for zero-rating on fuel - furnace oil, diesel and coal purchase
We are pleased to inform all our valued members that the Federal Board of Revenue (FBR) has issued procedure to avail zero-rated sales tax facility on purchase of fuel - furnace oil, diesel and coal by the registered manufacturers of the five export sectors.
The members desired to avail of the facility should submit a request to the tax offices concerned. The tax offices shall furnish a report on the prescribed format and recommend approval or disapproval on the request within 30 days. Further Details of the procedure are mentioned in the clause (i) and (ii) of attached FBR’s STGO No.17 of 2016 dated 20th September, 2016.
Zero-rated facility on furnace oil, diesel and coal will be withdrawn in cases mentioned in clause (iii) and (iv) of the attached SGO No.107 of 2016.
Thanks & Best Regards,
Yunus Bin AiyoobSecretary General