- Map of the proposed area.
- Article and Memorandum of Association in case of company and copy of partnership deed in case of partnership firm.
- Certificate from a scheduled bank showing soundness of financial position.
- Income Tax Registration Certificate.
- Details of Directors and authorized persons.
- Certificate of Membership of Chamber of Commerce and Industry.
- Lease / Tenancy Agreement.
- Copies of National identity Card(s) & Character Certificate(s).
- Comprehensive Insurance Policy from an approved Insurance Company.
- Survey Certificate issued by the approved surveyor.
In addition to the requirements mentioned above, all other provisions required under the Customs Act, 1969 or any other applicable law will also apply. Permission to import alcohol, however, is granted to non-Muslims only.
Collaborative warehouses partner with Import of Goods only for use by academics, foreign travelers and lucky people. Therefore, all such goods / materials used by lawyers, foreign operations and lucky people may be imported.
Goods are not imported against L / C. Importer (holder of warehouse license) Import goods according to agreement and keep the same in his shop. The goods are then sold to lucky figures / individuals based on their need and exemption certificates issued by the Department of Foreign Affairs.
Purchases will be made strictly in accordance with the rate determined by the Department of Foreign Affairs and the amount stated on the release certificate.
The rating is assigned and the purchase is approved by the Department of Foreign Affairs.
The nation’s self-governing power benefits from factories maintained by the Department of Foreign Affairs.
The holder of a bonded store license cannot open his sub-office in other cities. Occasionally stock taking is done. The audit is also conducted by the Executive Director, Revenue Receipt Audit on a quarterly basis. In addition, an insurance policy is available for bonders covering all risks including pilferage etc. Alternatively there are special provisions in Chapter-XI and Chapter-XVIII of the Customs Act, 1969. In the case of any boat operator or abuse of facility, penalty measures under the relevant provisions of subsection (1) of section 156 of the Customs Act, 1969 may also be instituted.
All coupons do not import alcohol. An import permit from the Department of Commerce is required for the importation of liquor into the storage area used by officials. A Muslim cannot import or deal with alcohol in a cooperative political party. Liquor is accredited by Diplomats opposing the Certificates of Release issued by the Department of Foreign Affairs.
Liquor may be purchased by lawyers in accordance with the amount specified in the exemption certificates issued by the Department of Foreign Affairs. Persons with services may purchase alcohol in accordance with the rate provided in Model Rules and CGO.15 / 96 ie below: –
- According to CGO.15 / 96, import / export of liquor is restricted to US $ 200 / = per family per month by employees of foreign or local companies, loan or media projects.
- Under the provisions of the Model Regulations dated 15-04-1963, special staff coming under various foreign aid programs or projects can import / purchase liquor under the following quota.
Privileged Person
Upon first arrival to Pakistan, a particular person is allowed to import taxes without duty and taxes on food and other consumables including liquor and tobacco up to the C&F value of US & 200 / – as per Chapter III of SRO 450 (i) / 01.
During his term of appointment, he is allowed to import tax free of tariff and must tax all food and consumables including alcohol and tobacco up to a value of C&F of $ 150 per month, but the value of alcohol does not exceed US $ 50 / month.
For further information on the matter kindly visit website or blogs.
Moreover, if you want to calculate your income tax, you can use Tax Calculator 2020.
Also Read:
How to become Filer
How to check FBR Filer Status
How to check NTN Number
Who is Filer and Non-filer
