Pkrevenue.com

Tag: Export Policy Order 2016

  • Ban lifted on export of various personal protective equipment

    Ban lifted on export of various personal protective equipment

    ISLAMABAD: The government on Tuesday lifted ban on export of various personal protective equipment (PPE) with immediate effect.

    The ministry of commerce issued SRO 526(I)/2020 to amend the Export Policy Order, 2016.

    The ministry allowed the export of PPE including disposable gowns, disposable gloves, face shields, biohazard bags, goggles, shoe cover and hand sanitizers.

    The ministry put the ban on exports of such PPE through SRO 239(I)/2020 dated March 24, 2020.

    The ban was imposed considering widespread of coronavirus in the country and to ensure availability of such PPEs in the country.

    The SRO 239(I)/2020 had condition that the ban would lapse on the completion of the process of assessment of the baseline requirements of the country and stockpiling to be notified by the government.

    The ministry however maintained restriction on export of tyvek suits, surgical masks and N-95 masks.

  • PVC, PMC material allowed sales tax zero rating; Export Policy Order amended

    PVC, PMC material allowed sales tax zero rating; Export Policy Order amended

    ISLAMABAD: The ministry of commerce has allowed zero rating of sales tax on supply of PVC and PMC meterials from Export Processing ZOnes, Manufacturing Bonds and export oriented units.

    The commerce ministry on Monday issued SRO 351(I)/2020 dated May 04, 2020 to amend Export Policy Order 2016 regarding supply of PVC and PMC materials.

    According to the amendment: “… the export of PVC and PMC (HS Code 3901-3914) materials from the Export Processing Zones, manufacturing bonds and export oriented units shall be eligible for zero rating of sales tax.

    Through the SRO the ministry also amended the negative list for export to Afghanistan.

    The SRO omitted the entry of PVC and PMC from the third schedule of the Export Policy Order 2016.

  • Pakistan bans export of anti-malarial drugs

    Pakistan bans export of anti-malarial drugs

    Pakistan on Thursday banned the export of anti-malarial drugs with immediate effect till further orders.

    The ministry of commerce issued SRO 297(I)/2020 to amend Export Policy Order, 2016 to impose the ban. The ban has been imposed due to high demand of the drugs in the wake of coronavirus spread.

    The ministry amended the export policy order and brought the drug in First Schedule, which prohibits exports of the goods falling in this schedule.

    The ministry said that the ban would be remained applicable till further orders or decision of the National Coordination Committee (NCC) on COVID-19.