The LCCI office-bearers said the exemption from the payment of sales tax on
imported plant and machinery for Greenfield projects should also be granted to Brownfield projects.
The LCCI office-bearers said that the exemption from the payment of Sales Tax on
imported plant and machinery for Greenfield projects should also be granted to Brownfield projects and BMRE.
Therefore, in order to encourage greenfield investment and industrialisation, exemption from payment of sales tax on
imported plant and machinery to be used for setting up new industry for production of taxable goods has been introduced by amending the Sixth schedule to the Sales Tax Act, 1990 as imported by the persons registered on or after July 1.
They suggested that exemption from sales tax on
imported plant and machinery for greenfield projects should also be granted to brownfield projects.
He said that the exemption from the payment of Sales Tax on
imported plant and machinery for Greenfield projects in the Mini-Budget should also be granted to the brownfield projects for Balancing, Modernization and Replacement of existing units.
They said in order to encourage green field investment and industrialization, sales tax on
imported plant and machinery for setting up new industry for production of taxable goods is being exempted.
It is pertinent to mention that textiles and clothing industries is the backbone of Pakistan's economy but country is totally dependent on
imported plant and machinery and spare parts.
Beautyfresh's successful line of all-natural luxury soaps and other beauty products made using all-natural
imported plant oils will now be sold under the Obscene Beauty brand, the company said.
- Exemption from import duty on
imported plant and equipment for the expansion.
Taking in the sights of the renowned Botany Bay, he examines the effect that
imported plant life has had on the natural beauty of New South Wales.
The German authorities having amended legislation to ensure that importers can clear their stocks of parallel
imported plant protection products after the voluntary retraction or revocation of the authorisation of the reference product, the European Commission decided on 18 October to close an infringement procedure against Germany for failing to comply with treaty provisions on the free movement of goods.
Now, scientists have the first evidence that these Inca predecessors cultivated maize and
imported plant foods from lowland tropical forests located 180 miles to the east.