ISLAMABAD: Federal Board of Revenue (FBR) has extended the application the list of locally manufacturing goods up to June 30, 2020 for the purpose of allowing concession and exemption at customs clearance stage.
The FBR issued Customs General Order (CGO) No. 09 dated July 02, 2019 to amend previous CGOs where the list was applicable up to June 30, 2019.
For the purpose the FBR issued CGO No. 02 dated April 19, 2017 titled list of locally manufactured goods/items for the purpose of concessionary notification etc.
The FBR said that the goods detailed in the list of CGO No. 03/2017 are manufactured locally. The list is compiled and updated by Engineering Development Board (EDB) in consultation with stakeholders.
Henceforth the appended list of locally manufactured goods is applicable for reference purpose to all the exemptions and concessionary notifications.
The FBR said that the collectors of customs and the staff responsible for allowing concessions under different notifications/orders are advised to follow this list for the purposes of allowing concessions from customs duties and sales tax etc.
“The information if any, along with evidence regarding the local manufacture of goods, not indicated in the list, may be forwarded to the FBR forthwith so that the list of locally manufactured goods/items is up-dated in consultation with the EDB,” he FBR said.
The collectors are, however, authorized to allow release of goods/items indicated in the list of locally manufactured goods/items against bank guarantee for a period of three months if the importer produces a certificate issued by the renowned local manufacturers of the disputed items from EDB stating that the imported item is not being manufactured locally and the importer shall produce a clarification from FBR to this effect within the above stated period of three months.
Related CGOs
List of locally manufactured goods under CGO No. 02/2017 dated April 19, 2017.
