As per the directions of Federal Minister for Finance Mr. Ishaq Dar, the facility of zero-rating has been restored on various dairy products, stationery items and bicycles along with their raw materials, packing materials, sub-components, components, sub-assemblies and assemblies, imported or purchased locally for manufacture of said goods.
In this regard S. R. O. 670(I)/2013 dated 18th July, 2013 has been issued by FBR today. The said SRO can be found at this address:
http://www.fbr.gov.pk/SROsShows.aspx?ActionID=5828&Path=http://download1.fbr.gov.pk/SROs/2013718147746747SRO670OF2013.pdf&Type=SROS
Mohammad Shahzad
Secretary PR