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<!-- saved from url=(0066)https://download1.fbr.gov.pk/sros/IncomeTaxSROS/2005/2005sro38.htm --> <html><head><meta http-equiv="Content-Type" content="text/html; charset=windows-1252"> <meta name="Generator" content="Microsoft Word 11 (filtered)"> <title>2005sro38.htm</title> <style> <!-- /* Font Definitions */ @font-face {font-family:"Arial Black"; panose-1:2 11 10 4 2 1 2 2 2 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:12.0pt; font-family:"Times New Roman"; letter-spacing:-.15pt;} h1 {margin-top:12.0pt; margin-right:0in; margin-bottom:3.0pt; margin-left:0in; page-break-after:avoid; font-size:16.0pt; font-family:Arial; letter-spacing:-.15pt;} h2 {margin-top:12.0pt; margin-right:0in; margin-bottom:3.0pt; margin-left:0in; page-break-after:avoid; font-size:12.0pt; font-family:"Times New Roman"; letter-spacing:-.15pt; font-style:italic;} p.MsoBodyText, li.MsoBodyText, div.MsoBodyText {margin:0in; margin-bottom:.0001pt; text-align:justify; line-height:150%; font-size:12.0pt; font-family:"Times New Roman"; letter-spacing:-.15pt;} p.MsoBodyTextIndent, li.MsoBodyTextIndent, div.MsoBodyTextIndent {margin-top:0in; margin-right:0in; margin-bottom:0in; margin-left:106.35pt; margin-bottom:.0001pt; text-indent:-106.35pt; font-size:12.0pt; font-family:"Times New Roman"; letter-spacing:-.15pt;} p.MsoBodyText3, li.MsoBodyText3, div.MsoBodyText3 {margin:0in; margin-bottom:.0001pt; font-size:14.0pt; font-family:"Times New Roman"; letter-spacing:-.15pt;} p.StyleHeading1Centered, li.StyleHeading1Centered, div.StyleHeading1Centered {margin-top:12.0pt; margin-right:0in; margin-bottom:3.0pt; margin-left:0in; text-align:center; page-break-after:avoid; font-size:18.0pt; font-family:"Arial Black"; letter-spacing:-.15pt;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in;} div.Section1 {page:Section1;} --> </style> </head> <body lang="EN-US" data-new-gr-c-s-check-loaded="14.1243.0" data-gr-ext-installed=""> <div class="Section1"> <p class="MsoNormal" align="center" style="text-align:center"><b><span style="font-size:10.0pt;font-family:Arial">GOVERNMENT OF PAKISTAN </span></b></p> <p class="MsoNormal" align="center" style="text-align:center"><b><span style="font-size:10.0pt;font-family:Arial">MINISTRY OF FINANCE, ECONOMIC AFFAIRS,</span></b></p> <p class="MsoNormal" align="center" style="text-align:center"><b><span style="font-size:10.0pt;font-family:Arial">STATISTICS AND REVENUE,</span></b></p> <p class="MsoNormal" align="center" style="text-align:center"><b><span style="font-size:10.0pt;font-family:Arial">(REVENUE DIVISION)</span></b></p> <p class="MsoNormal" align="center" style="text-align:center"><b><span style="font-size:10.0pt;font-family:Arial">CENTRAL BOARD OF REVENUE</span></b></p> <p class="MsoNormal" align="center" style="text-align:center"><b><span style="font-size:10.0pt;font-family:Arial">*****</span></b></p> <p class="MsoNormal" align="right" style="text-align:right"><span style="font-size: 10.0pt;font-family:Arial">Islamabad</span><span style="font-size:10.0pt; font-family:Arial">, the 7<sup>th</sup> January, 2005</span></p> <p class="MsoNormal" align="right" style="text-align:right"><span style="font-size: 10.0pt;font-family:Arial"> </span></p> <p class="MsoNormal" style="text-align:justify"><span style="font-size:10.0pt; font-family:Arial"> </span></p> <p class="MsoNormal" align="center" style="text-align:center"><b><u><span style="font-size:10.0pt;font-family:Arial">NOTIFICATION</span></u></b></p> <p class="MsoNormal" align="center" style="text-align:center"><b><span style="font-size:10.0pt;font-family:Arial">(INCOME TAX)</span></b></p> <p class="MsoNormal" align="center" style="text-align:center"><b><span style="font-size:10.0pt;font-family:Arial"> </span></b></p> <p class="MsoNormal" style="text-align:justify"><span style="font-size:10.0pt; font-family:Arial"> </span></p> <p class="MsoBodyText"><span style="font-size:10.0pt;line-height:150%;font-family: Arial"> S.R.O. 38(I)/2004.- In exercise of the powers conferred by sub-section (2) of section 53 of the Income Tax Ordinance, 2001 (XLIX of 2001), the Federal Government is pleased to direct that the following further amendment shall be made in the Second Schedule to the said Ordinance, namely:-</span></p> <p class="MsoNormal" style="text-align:justify;line-height:150%"><span style="font-size:10.0pt;line-height:150%;font-family:Arial"> </span></p> <p class="MsoBodyTextIndent" style="margin-left:0in;text-align:justify; text-indent:0in;line-height:150%"><span style="font-size:10.0pt;line-height: 150%;font-family:Arial"> In the aforesaid Ordinance, in the Second Schedule, in Part II, after clause (13E), the following new clause shall be added, namely: -</span></p> <p class="MsoBodyTextIndent" style="margin-left:0in;text-align:justify; text-indent:0in"><span style="font-size:10.0pt;font-family:Arial"> </span></p> <p class="MsoBodyTextIndent" style="margin-left:1.0in;text-align:justify; text-indent:0in"><span style="font-size:10.0pt;font-family:Arial">�(13F) In respect of import of blankets (acrylic) and acrylic yarn of 32 to 40 metric count if imported for self consumption by blanket manufacturers, the tax under section 148 of the Income Tax Ordinance, 2001 shall be collected at the rate of two percent of the value of such items as increased by customs-duty and sales tax, if any, levied thereon.�.</span></p> <p class="MsoBodyTextIndent" style="margin-left:1.0in;text-align:justify; text-indent:0in"><span style="font-size:10.0pt;font-family:Arial"> </span></p> <p class="MsoBodyTextIndent" style="margin-left:0in;text-align:justify; text-indent:0in"><span style="font-size:10.0pt;font-family:Arial"> _________________________________________�����_____________________________</span></p> <p class="MsoBodyTextIndent" style="margin-left:0in;text-align:justify; text-indent:0in"><span style="font-size:10.0pt;font-family:Arial"> [<u>C.No.4(19)TP-I/91-Pt-III</u>]</span></p> <p class="MsoBodyTextIndent" style="margin-left:0in;text-align:justify; text-indent:0in"><span style="font-size:10.0pt;font-family:Arial"> </span></p> <p class="MsoNormal" style="text-align:justify"><span style="font-size:10.0pt; font-family:Arial"> </span></p> <p class="MsoBodyText3" align="right" style="text-align:right"><span style="font-size:10.0pt;font-family:Arial">(Salman Nabi)</span></p> <p class="MsoBodyText3" align="right" style="text-align:right"><span style="font-size:10.0pt;font-family:Arial">Member(Direct Taxes)/Additional Secretary.</span></p> <span style="font-size:10.0pt;font-family:"Times New Roman";letter-spacing: -.15pt"><br clear="all" style="page-break-before:always"> </span> <p class="MsoNormal" align="right" style="text-align:right"><span style="font-size: 10.0pt"> </span></p> </div> </body><grammarly-desktop-integration data-grammarly-shadow-root="true"><template shadowrootmode="open"><style> div.grammarly-desktop-integration { position: absolute; 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