Introduction

 

In order to provide ease to our valued clients, Khilji and Co is please to publish the commentaries of Multiple Notifications in single transmittal document.

 

Commentaries

 

ISSUING AUTHORITY:                   FEDERAL BOARD OF REVENUE

POWERS EXERCISED U/S:             53(2) OF ITO, 2001

NOTIFICATION NO:                       SRO. 315(I)/2020

DATE OF ISSUANCE:                      APRIL 16, 2020

EFFECTIVE FROM:                         WITH IMMEDIATE EFFECT (i.e. APRIL 16, 2020)

VALID TILL:                                     JUNE 30, 2020

AMENDMENTS MADE IN:              PART IV SECOND SCHEDULE TO ITO, 2001

                                                            (EXEMPTION FROM SPECIFIC PROVISION)

 

COMMENTARY

 

Clause 102A Part IV                          Through this notification exemption has been granted from deduction of advance tax u/s 233 of Income Tax Ordinance, 2001 on account of commission received by a retail branchless banking agent on any amount disbursed under Ehsaas Emergency Cash Transfer Programme. Please note this program has been planned in the context of economic hardship experienced by the vulnerable due to ongoing COVID-19 crisis. It may also be noted that only needy family will be able to get Rs. 12,000/- through the aforesaid program.

 

LINK OF DOCUMENT                    20204161845735943sro315of2020

                                                                       

 

ISSUING AUTHORITY:                      FEDERAL BOARD OF REVENUE

POWERS EXERCISED U/S:             53(2) OF ITO, 2001

13(2) OF STA, 1990

19 OF CA, 1969

NOTIFICATION NO:                           SRO. 316, 317 AND 318 (I)/2020

DATE OF ISSUANCE:                         APRIL 16, 2020

EFFECTIVE FROM:                         WITH IMMEDIATE EFFECT (i.e. APRIL 16, 2020)

VALID TILL:                                     JUNE 30, 2020

AMENDMENTS MADE IN:              LIST OF ITEMS MENTIONED IN CLAUSE 12B TABLE-PART IV SECOND SCHEDULE TO ITO, 2001

 

                                                            (EXEMPTION FROM SPECIFIC PROVISION)

SRO 236(I)/2020 DATED MARCH 20, 2020 RELATED TO EXEMPTION OF INCOME TAX ON IMPORT OF CERTAIN MEDICAL AND LABORATORY EQUIPMENTS

 

                                                            SRO 237(I)/2020 DATED MARCH 20, 2020 RELATED TO EXEMPTION OF SALES TAX ON IMPORT AND SUBSEQUENT SUPPLY OF CERTAIN MEDICAL AND LABORATORY EQUIPMENTS

 

                                                            SRO 235(I)/2020 DATED MARCH 20, 2020 RELATED TO EXEMPTION FROM WHOLE OF THE CUSTOM DUTY, REGULATORY DUTY AND ADDITIONAL CUSTOM DUTY ON CERTAIN MEDICAL AND LABORATORY EQUIPMENTS

 

COMMENTARY

                                                            Through this notification Federal government made removal of brand specification in respect of certain goods being imported for the prevention and treatment of COVID-19. Some of the items in table which was previously notified through the aforesaid SRO’s is now being substituted as follows:

 

TABLE

EXISTING (BEFORE) SUBSTITUTED (AFTER)
Life Technologies 7500 Real Time PCR with RNaseP instrument verification kit and complete guides documentation and software’s Real time PCR system (standard 96-well plate and 0.2ml tubes, 5 channel)
Biosafety Cabinets Class II Type A2, EN 12469, Europe NSF/ANSI 49, USA JIS K3800 Japan Biosafety Cabinet
Multi-channel pipette .5-10ml Multi-channel pipette 0.5-10ul
Single channel pipette set of four .2,10,200, 1000 ml Eppendorf/Gilson Single channel pipette

a)       2 ul

b)       10 ul

c)       200 ul

d)       1000 ul
Mini Spin Micro Centrifuge

(Non-refrigerated, Rotor Capacity: 12 x 1.5/2.0 ml vessels, 2 x PCR strip, Max. speed: 12, 100 x g (13,400 rpm)
PCR Chambers PCR Cabinet (HEPA filter system, UV and white light)
PCR Kits (95 tests)for suspects diagnosis (Altona) Real time PCR kit for the detection of Coronavirus (SARS-CoV-2)
QIAMP Viral RNA Mini kit (250) reactions Viral RNA Extraction Kit & Machine (Automatic Extractors)
Refrigerator/Freezer -20 C Model MPR-414 Panasonic Refrigerator/Freezer (-20 C)
Vortex Machine 0-3000 RPM 220v, Velp Italy Vortex Machine
Refrigerated Centrifuge Machine Temperature Range 20 to +40 Model Z 326 K, Hermle IEC 1010 Refrigerated Centrifuge Machine (Rotor Capacity 1.5ml x 24, max. speed 14000 rpm)
UPS 6 KVA APC smart-UPS RVA 6000 VA 230 V UPS (6 KVA)

 

Note: Serial no. 3, 6, 7, 12, 13, 18 to 61 remains same.

 

LINK OF DOCUMENT                    combinepdf (6)