Tax Book 2023

Deduction / Payment of Tax Chapter- 23

iii. Persons importing potassic

fertilizers in pursuance of Economic

coordination Committee of the

cabinet’s decision No. ECC-

155/12/2004 dated the 9th December,

2004;

federal

excise

duty.

2 % (3.5%

for

commerci

al imports)

of the

import

value

increased

by Custom

• duty,
  sales tax
  and
  federal
  excise
  duty.

5.5% of

the import

value

increased

federal

excise

duty.

4 % of the

import

value

increased

by Custom

• duty,
  sales tax
  and
  federal
  excise
  duty.

11 % of the

import

value

increased

by Custom

• duty,
  sales tax
  and

parts by an

industrial

undertaking for

its own use;

(b) Fertilizer by

manufacturer of

fertilizer;

(c) Cars in CBU

condition by

manufacturer of

cars; and

(d) Large import

house;

(e) A foreign

produced film

imported for

the purposes of

screening and

viewing]

The tax collected

under this section

at the time of

import of ships

by ship-breakers

shall be minimum

tax. [Section

148(8A)]

Tax required to be

collected on the

import of plastic

raw material

imported by an

industrial

undertaking falling

under PCT

heading 39.01 to

39.12, edible oil

and packing

material shall be

minimum tax.

Nil do do

iv. Persons importing urea; and

v. Manufacturers covered under

Notification No. S.R.O.

1125(I)/2011 dated 31- 12 - (^2011) do do
vi.^ Persons importing Gold; and^
do do
vii.^ Persons importing Cotton^
do do
viii. Designated buyers of LNG on
behalf of Govt. of Pakistan to
import LNG
ix. Persons importing goods
classified in Part-II of the 12
th
Schedule
x. Persons importing goods
classified in Part-III of the 12
th
Schedule.
(^) do do