GOVERNMENT OF PAKISTAN MINISTRY OF FINANCE, ECONOMIC AFFAIRS - PDF

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					                      GOVERNMENT OF PAKISTAN
    MINISTRY OF FINANCE, ECONOMIC AFFAIRS, STATISTICS AND REVENUE
                           (REVENUE DIVISION)
                                               ****
                                                               Islamabad, the 8th January, 2001
                                   NOTIFICATION
                                     (CUSTOMS)
                                                                   Temp SRO. No. 9360(I)/2001

       S.R.O.________(I)/2001: - In exercise of the powers conferred by section 219 of
the Custom Act, 1969 (IV of 1969). the Central Board of Revenue is pleased to make the
following rules, namely:-

       1.    Short title and Commencement:- (1) These rules may be called the Deferment
of Import Duty (on Newsprint) Rules,2001.

             (2)    They shall come into force at once.

      2.      Definitions:In these rules, unless there is anything repugnant in the subject or
              context;

             (a)    “Act” means the Custom Act, 1969 (IV of 1969).

             (b)    “deferred amount” means the amount of Customs-duty payment whereof
                    has been deferred.

             (c)    “duty means duty leviable under the First Schedule to the Act; and

             (d)    “Importer” means an importer of newspaper.

       3.     Extent of deferment:- The duty payable by an importer shall be deferred on the
conditions, and in the manner, laid down in these rules.

        4.     Period of deferment:- The importer shall pay the deferred amount in lump sum
after a period of twelve months.

       5.     Procedure for deferment:- (1) A request for deferment of duty shall be made by
the importer on the Bill of Entry for home consumption and submitted to the concerned import
section for manifestation.

      (2)    The importer shall furnish an undertaking on a stamped non-judicial paper in the
form as set out in Annex-I to these rules.

     (3)    The deferment of duty under these rules shall be allowed only to an importer of
newspapers as specified in Annex-II to these rules.

       (4)    Additional duty at the rate of 1.5 per cent per month shall be charged and
colloected for the period of deferment.


       6.   Recovery of deferred amount :- If the importer fails to make payment of the
deferred amount or the additional duty payable by him, the same shall be recovered in
accordance with section 202 of the Act.
       7.     Settlement of disputes:- All disputes pertaining to these rules shall be decided
by the Collector of Customs, in accordance with the provisions of the Act.

      8.     These rules shall stand expired on the 30th June, 2001
                                                                                        Annex-I
                                                                                 [See rules 5(2)]
                 (On appropriately stamped non –judicial paper)
                               UNDERTAKING
The Collector of Customs,
Custom House…………..
       WHEREAS ………………………………… M/s ………………………………….. having its
registered office at ………………………………..(hereinafter referred to as the importer) have
imported Newsprint vide Bill of Entry ………………….. on which an amount of Rs…………….
(Rs ……………………..) has been levied as customs-duty payable by the importer;

       AND WHEREAS in accordance with procedure of deferred payment of duty laid down
in the Deferment of Import Duty (on Newsprint) Rules, 2001, the leviable duty has been
deferred for a period of twelve months.

      NOW, THEREFORE, we Messrs ……………………………..UNDERTAKE as follows :-

      (1)    that the importer shall pay the deferred amount of Rs …………………….
             (Rupees ………………………….) in lump sum after 12 months from the date of
             manifestation of Bill of Entry and shall also pay the additional duty due on the
             said deferred amount at the rate of 1.5% per month along with the principal
             amount: and

      (2)    that the importer shall pay to you all money due from him promptly and fully, it
             being understood and agreed by us that any money having become payable by
             the importer and not paid shall be recoverable from the importer under the
             provisions of section 202 of the Customs Act, 1969, at the cost of risk of the
             importer, without prejudice to any right of the Federal Government to recover it
             and that no delay on your part in recovering any money due from the importer
             shall deprive you of your right.

      IN WITNESS WHEREOF I/we, Mr ………………………and Mr………………………have
caused this undertaking to be signed and sealed by and in the presence of our authorized
representatives on this ………… day of ………….. 2001.
                    1 …………………………………                         2 ………………………………..
      Witnesses:

      1 ……………………………

      2 ……………………………
      (Name, full address and stamp of the gazette officer seal of the Court)
                                                                                 [See rules 5 (3)]
                            NEWSPRINT IMPORT INFORMATION

S.NO         Name of publications.      Name of importer of newspaper        Import Registration
                                                                                   Certificate
(1)                 (2)                             (3)                             (4)

1.     Aghaz daily Karachi.             Aghaz Publication (Pvt) Ltd.               13386
2.     Business Recorder.               Emmayzed Publication (Pvt) Ltd.            12241
3.     Business Report Faisalabad       Business Report daily                      10140
4.     Dawn/Star/Herald/Star/Spider.    Pakistan Herald Publications (Pvt) Ltd     W092780
5.     Jang Group.                      Independent Newspapers Corporation Ltd     W091541
6.     Jasoosi Digest                   Jasoosi Digest, Karachi.                   W091643
7.     Jurrat Daily, Karachi.           Jurrat Group of Newspapers.                10610
8.     Kawish Daily, Hyderabad.         Kawish Daily.                              W139799
9.     Khabrain Daily.                  Liberty Papers Ltd.                        W150924
10.    Khawateen Digest Monthly.        Khawateen Digest.                          W093347
11.    Mashriq Daily. Quetta.           The Mashriq Employees Management(Pvt)Ltd   P506565
12.    Nawa - e- Waqt Daily.            Nida e Millat (Pvt) Ltd.                   W15791
13.    Nigar Weekly, Karachi.           Nigar Weekly                               W02447
14.    Pakistan Daily.                  Pakistan Daily.                            11118
15.    Qaumi Akhbar Daily.              Qaumi Akbbar Daily, Karachi.               W485414
16.    Umat Daily Karachi.              Umat Daily.                                7785
17.    Yalghar Daily, Lahore.           Yalghar Daily.                             15819
18.    Adventure/Myestry Magazine.      Satrang Digest.                            W094190
19.    Jurat Lahore/Rawalpindi.         Daily Jurrat.                              15814
20.    Tijarat Lhr /Rwp/Sargodha /Qta   Daily Tijarat.                             W128164
21.    Awami Awaz Daily, Karachi.       Marvi Publications.
[C. No.3(28) Tar.I/86]

                                                                   (DR. JAWWAD UWAIS AGHA)
                                                                          Secretary (Cus.Tariff)