Income, or classes of income, or persons or classes of persons, enumerated below, shall be exempt from the operation of such provisions of this Ordinance, subject to such conditions and to the extent, as are specified hereunder:-
(92) The provisions of section 148 shall not apply to.—
|
PCT Code
|
Aircraft, whether imported or acquired on wet or dry lease |
8802.4000 |
Maintenance kits for use in trainer aircrafts of PCT headings 8802.2000 and 8802.3000 |
Respective headings |
Spare parts for use in aircrafts, trainer aircrafts or simulators |
Respective headings |
Machinery, equipment, and tools for setting up maintenance, repair and overhaul (MRO) workshop by MRO company recognized by Aviation Division |
Respective headings
|
Operational tools, machinery, equipment and furniture and fixtures on one-time basis for setting up Greenfield airports by a company authorized by Aviation Division |
Respective headings
|
Aviation simulators imported by airline company recognized by Aviation Division”] |
Respective headings
|
Sources:
Section 92, Part IV Exemption from Specific Provisions, Sixth Schedule of the Sales Tax Act 1990
https://download1.fbr.gov.pk/Docs/2021841585948283SalesTaxAct,1990updatedupto30.06.2021.pdf