17J. Collection of tax from exporters

1[17J. Collection of tax from exporters:--      

For the purpose of making the collection of tax from exporters under section 53 (1) of the Ordinance, the bank through which the exporters receive payment on account of export of goods shall collect an amount at the rate 2[one-fourth of one per cent.] of the value of the exported goods as tax payale under the said section 53(1).
Provided further that this rule shall not apply in the case of export of goods specified below:

(a) jute hessian, sacking and carpet backing; (b)  freshfruits and vegetables;
(c)  poultry and eggs; and
(d)  handicrafts;

Provided further were a person is the owner of an industrial undertaking enjoying tax exemption under section 45 of the Ordinance and it an exporter of goods produced   by that undertaking, the Board may, on an application made by such person, exempt him from payment of tax under this rule. ]
Explanation- In this rule, the expression, “value of the exported goods” shall mean the value of the exported goods as determined  in accordance with the provisions of section 25 (4) of the Customs Act, 1969 (IV of 1969)]


1.Omitted by S.R.O. No. 176-L/99,dt,01-07-1999

2.Subs,for “one half of one per cent “ By S.R.O. No 161-L/96,dt,02-09-1996


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