Exemptions other than Covered in Respective Chapters Chapter- 20
REDUCTION IN TAX LIABILITY (OTHER THAN SPECIFIED IN RESPECTIV CHAPTERS)
[PART III OF 2ND SCHEDULE]CLAUSE PARTICULARS2 Currency devaluation/revaluation for petroleum and mineral business^ –^ omitted by Finance Act,
20214 Old and used automotive vehiclesEXEMPTION FROM SPECIFIC PROVISIONS (OTHER THAN SPECIFIED IN RESPECTIVE CHAPTERS)
[PART IV OF 2ND SCHEDULE]
CLAUSE PARTICULARS
3 Donations to Agha Khan Hospital4A No provision of this Ordinance shall apply for recoup of tax credit already allowed to
National Power Parks Management Company (Pvt.) Ltd.5 Immunity to foreign exchange A/c9A Steel melters, steel re-rollers etc.9AA Ship breakers11A NIT or collective investment11B Non applicability of section 150 on inter-corporate dividends11C Non applicability of section 151 on inter-corporate Profit on debt11D LNG Terminal Operators12 Agricultural Products12B Exemption on advance tax at the time of import of specified goods12C Exemption on advance tax at the time of import of pulses12D Exemption on advance tax at the time of import of specified Drugs12E Exemption on advance tax at the time of import of specified life saving Medicines12F Non application of provision of section 14812G Non application of provision of section 14812H Non application of provision of section 14812I Non application of provision of section 14812J Non application of provision of section 14812K Non application of provision of section 14812L Non application of provision of section 148 & 15312M Non application of provision of section 14812N Non application of provision of section 14816 Non-application of minimum tax and other provisions on institutions of the Agha Khan16A Non application of section 153(1) on payments against news print media services