Incentive Data

Duty/Tax free import of Vehicles for Port/Zone Developers

Notwithstanding the provisions of section 3, supply of goods or import of goods specified in the Sixth Schedule shall, subject to such conditions as may be specified by the [Federal Government], be exempt from tax under this Act, read with Sixth Schedule of Sales Tax Act 1990: (as below)

Sr. No. Description Heading Nos. of the First Schedule to the Customs Act, 1969 (IV of 1969)
(1) (2) (3)
100C Vehicles imported by China Overseas Ports Holding Company Limited (COPHCL) and its operating companies namely (i) China Overseas Ports Holding Company Pakistan (Private) Limited (ii) Gwadar International Terminal Limited, (iii) Gwadar Marine Services Limited and (iv) Gwadar Free Zone Company Limited, for a period of twenty-three years for construction, development and operations of Gwadar Port and Free Zone Area subject to limitations, conditions prescribed under PCT heading 9917 (3)] Respective headings

Source*: (Section 13(1) of the Sales Tax Act 1990 read with Sixth Schedule of the Sales Tax Act 1990.)