Twelfth Schedule: Twelfth Schedule

TWELFTH SCHEDULE [See sub-section (2) of section 7A] TABLE S. No. Goods or class of goods PCT Rate Heading (4) (1) (2) (3) 1. All imported goods Respective 3% ad subject to exclusions as Heading valorem in conditions and procedure given after the Table Procedure and conditions:– (1) The sales tax on account of minimum value addition as payable under this Schedule (hereinafter referred to as value addition tax), shall be levied and collected at import stage from the importers on all taxable goods as are chargeable to tax under section 3 of the Act or any notification issued thereunder at the rate specified in the Table in addition to the tax chargeable under section 3 of the Act or a notification issued thereunder: (2) The value addition tax under this Schedule shall not be charged on,— 1012[(i) Raw materials and intermediary goods imported by a manufacturer for in-house consumption 1013[excluding compressor scrap (PCT heading 7204.4940), motor scrap (PCT heading 7204.4990) and copper cable cutting scrap (PCT heading 7404.0090)] (ii) The petroleum products falling in Chapter 27 of Pakistan Customs Tariff as imported by a licensed Oil Marketing Company for sale in the country; (iii) Registered service providers importing goods for their in-house business use for furtherance of their taxable activity and not intended for further supply; 1011 Twelfth Schedule inserted by Finance Act, 2019. 1012 Clause (i) substituted by Finance Act, 2020. 1013 Expression added by Finance Act, 2022. 205 Sales Tax Act, 1990 (iv) Cellular mobile phones or satellite phones 1014[(PCT headings 8517.1419, 8517.1430 and 8517.1390)]; (v) LNG / RLNG; (vi) Second hand and worn clothing or footwear (PCT Heading 6309.000); (vii) Gold, in un-worked condition; 1015[***] (viii)Silver, in un-worked condition; (ix) 1016[The goods as specified in the Third Schedule on which tax is paid on retail price basis.1017[;and 1018[(x) plant, machinery and equipment falling in Chapters 84 and 85 of the First Schedule to the Customs Act, 1969 (IV of 1969), as are imported by a manufacturer for in-house installation or use. 1019[(xi) Electric vehicles (4 wheelers) CKD kits for small cars/SUVs, with 50 kwh battery or below and LCVs with 150 kwh battery of below till 30th June, 2026; (xii) Electric vehicles (4 wheelers) small cars/SUVs, with 50 kwh battery or below and LCVs with 150 kwh battery of below in CBU condition till 30th June, 2026”; (xiii) Electric vehicles (2-3 wheelers and heavy commercial vehicles) in CBU condition till 30th June, 2025; and (xiv) motor cars of cylinder capacity upto 850cc] (3) The value addition tax paid at import stage shall form part of input tax, and the importer shall deduct the same from the output tax due for the tax period, subject to limitations and restrictions under the Act, for determining his net liability. The excess of input tax over output tax shall be carried forwarded to the next tax period as provided in section 10 of the Act. 1020[“(4) The refund of excess input tax over output tax, which is attributable to tax paid under this Schedule, shall not be 1014 Expression inserted by Finance Act, 2024. 1015 The word “and” omitted through Tax Laws (Amendment) Act, 2020, dated 30-3-2020 1016 Clause (ix) inserted vide SRO 1321(I)/2019 dated 08th November, 2019. 1017 The word “and” inserted by Tax Laws (Amendment) Act, 2020, dated 30-3-2020. 1018 Clause “(x)” inserted by Tax Laws (Amendment) Act, 2020, dated 30-3-2020 1019 New clauses inserted by Finance Act, 2021. 1020 Clause (4) substituted through Tax Laws (Amendment) Act, 2020, dated 30-3-2020 the substituted clause read as under: “(4) In no case, the refund of excess input tax over output tax, which is attributable to tax paid at import stage, shall be refunded to a registered person.” 206 Sales Tax Act, 1990 refunded to a registered person in any case, except that as used for making of zero-rated supplies.”] (5) The registered person, if also dealing in goods other than imported goods, shall be entitled to file refund claim of excess carried forward input tax for a period as provided in section 10 or in a notification issued there under by the Board after deducting the amount attributable to the tax paid at import stage i.e. sum of amounts paid during the claim period and brought forward to claim period. Such deducted amount may be carried forward to subsequent tax period.] 1021[THIRTEENTH SCHEDULE” (Minimum Production) [See sub-section (9AA) of section 3] Minimum production of steel products.— The minimum production for steel products shall be determined as per criterion specified against each in the Table below: Table S. Product Production criteria No. (1) (2) (3) 1. Steel billets and ingots One metric ton per 700 kwh of electricity consumed 2. Steel bars and other re- One metric ton per 110 kwh of rolled long profiles of steel electricity consumed 3. Ship plates and other re- 85% of the weight of the vessel rollable scrap imported for breaking”; and Procedure and conditions:– (i) both actual and minimum production and the local supplies shall be declared in the monthly return. In case, the minimum production exceeds actual supplies for the month, the liability to pay tax shall be discharged on the basis of minimum production: Provided that in case, in a subsequent month, the actual supplies exceed the minimum production, the registered person shall be entitled to get adjustment of excess tax on account of excess of minimum production over actual supplies: Provided further that in a full year, as per financial year of the company or registered person, or period starting from July 1021 New Thirteenth Schedule inserted by Finance Act, 2021. 207 Sales Tax Act, 1990 to June of next year, in other cases, the tax actually paid shall not be less than the liability determined on the basis of minimum production for that year and in case of excess payment no refund shall be admissible: Provided also that in case of ship-breaking, the liability against minimum production, or actual supplies, whichever is higher, shall be deposited on monthly basis on proportionate basis depending upon the time required to break the vessel; (ii) the payment of tax on ship plates in aforesaid manner does not absolve ship breakers of any tax liability in respect of items other than ship plates obtained by ship-breaking; (iii) the melters and re-rollers employing self-generated power shall install a tamperproof meter for measuring their consumption. Such meter shall be duly locked in room with keys in the custody of a nominee of the Commissioner Inland Revenue having jurisdiction. The officers Inland Revenue having jurisdiction shall have full access to such meter; (iv) the minimum production of industrial units employing both distributed power and self-generated power shall be determined on the basis of total electricity consumption.] ********* PCPPI—4310(19) FBR—19-09-2019—2000. 208

Effective date: 1990-11-01

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