Tax Expenditure Statement 2020-21

Statement of Estimated Tax Expenditure of Federal Government

Tax expenditure from federal taxes, in FY 2020, amounted to an estimated Rs. 1,150 billion. Tax expenditure in sales tax amounts highest at Rs. 518.8 billion (45% of

the total), while in income tax it amounts to Rs. 378 billion (33%), and in Customs, at Rs. 253.1 billion (22%). In last fiscal year, FBR’s tax collection was Rs. 3,828 billion.

Hence, tax expenditure to total collection ratio comes to about 30%, and tax expenditure to GDP ratio stands at around 3%.

The following codes apply where tax expenditure estimates are not quantified:

--- Cost of tax expenditure is zero or rounded to zero

“n.a. ‖ Estimate is not available due to insufficient data

Note: The elimination of a tax expenditure would not necessarily yield the full tax revenues shown in the following tables.

Tax Expenditure Estimates (Income Tax)

TABLE 1: Tax Expenditure Estimates of Income Tax - FY 2020

Contents	(Rs. in mil)
Part 1: Allowances	36,435
Part 2: Tax Credits	104,498
Part 3: Exemptions from Total Income	212,070
Part 4: Reduction in Tax Rates	128
Part 5: Reduction in Tax Liability	2,986
Part 6: Exemption from Specific Provisions	2,975
Part 7: Others / Miscellaneous	18,934

Page 2

Total 378,026

Sr.	Legal Ref	Description		Intended Beneficiary	Estimate (Rs in mil)
		Part 1: Allowances
1	23	Initial Allowance		New business entities.	30,010
				Industrial undertaking set up in specified rural
2	23A	First Year Allowance		and under developed areas or engaged in the manufacturing of cellular mobile phones	335
3	60	Deductible allowance for Zakat		Persons paying Zakat	477
4	60A	Deductible allowance Workers’ Welfare Fund	for	Persons paying Workers’ Welfare Fund	2,453
5	60B	Deductible allowance Workers’ Participation Fund	for	Persons paying Workers’ Participation Fund	2,721
6	60C	Deductible allowance for on debt	profit	Individuals paying profit or share in rent and share in	285

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			appreciation for value
			of house on loan by
			banks etc
			Individuals having
7 60D	Deductible allowance education expenses	for	income of less than Rs. 1.5 million, paying	154
			tuition fee
Total				36,435

			Part 2: Tax Credits
1	61	Tax credit f donations	or charitable	Persons giving charitable donations	2,492
				Persons (excluding
2	62	Tax credit for shares and insura	investment in nce	companies) investing in shares, sukuks, or	2,100
				life insurance
3	62A	Tax credit for health insurance	investment in	Persons (excluding companies) investing in health insurance	19
4	63	Tax credit for contribution to an Approved Pension Fund.		Eligible persons as defined in sub-section (19A) of section 2 of	1,162

Page 4

					Ordinance
5	64B	Tax credit generation by	for manuf	employment acturers	Corporate manufacturi	ng sector	14
		Tax credit	for investment in
6	65B	balancing, m	oderni	zation and	Corporate		65168
		replacement	of	plant &	manufacturing sector		,
		machinery
					Companies	opting for
7	65C	Tax credit for Exchange	enlistment in Stock		enlistment registered	in a stock	357
					exchange
					Corporate	industrial
		Tax credit for	newly	established	units	(including
8	65D	industrial undertaking		s	corporate	dairy	5,573
					farming)
		Tax credit	for	industrial	Corporate it	industrial ildi
					uns	(ncung
9	65E	undertakings the first day o	establi f July, 2	shed before 011	corporate farming)	dairy	6,486
		Tax credit	for	Non-profit	Non-profit
10	100C	organizations, institutions	trusts	or welfare	organization welfare insti	s, trusts, tutions	21,128
Total							104,498

Page 5

Part 3: Exemptions from Total Income

		Salary of foreign personnel	Foreign	experts
1	3	engaged by institutions of the	working w	ith Agha	117
		Agha Khan Development	Khan De	velopment
		Network	Network, (Pakistan)
2	4	Salary received by Pakistani seafarers	Employees seafarers)	(Pakistani	48
3	5	Foreign allowances (Government of Pakistan)	Employees (	diplomats)	1,167
4	8	Pension received by a citizen of Pakistan from a former employer	Employees (pensioners)		2,781
			Employees	(retired
5	9	Pensions (Government)	government military pers	servants & onnel)	13,680
6	12	Commutation of Pension	Employees (pensioners)		18,722
			Employees	(recipients
7	13	Gratuities	of gratuity payments)		1,112
		Income derived by the families	Families	and
8	17	and dependents of the	dependents	of the	n.a.
		"Shaheeds" belonging to the	"Shaheeds"	belonging

Page 6

		Civil	Armed Forces of Pakistan		to the Civil Armed
					Forces
					Employees (retiring
9	19	Encashment of to retirement		leave preparatory	personnel of Armed Forces or Government servant)	2,776
		Payments from		a provident fund	Employees (recipient
10	22	to which the		Provident Funds	of payments from	12,703
		Act,	1925 appli	es.	provident funds)
		The	accumulated balance due		Employees
11	23	and emp	becoming loyee par	payable to an ticipating in a	participating in a recognized provident	2,106
		recognized provident fund.			fund.
		The	accumulated balance upto
		50%	received	from a pension
		fund	at the	time of eligible
12	23A	pers (a)	on’s- retir	ement; or	Voluntary participants in pension funds	179
		(b)	disability	rendering him
		una	ble to	work; or
		(c)	death by	his nominated
		surv	ivors.
13	23B	Monthly install		ments from an	Pensioners	21

Page 7

		income payment plan invested with a pension fund manager
		Withdrawal of accumulated
14	23C	balance from approved pension fund	Pensioners		240
		Benevolent grants paid from the
15	24	Benevolent Fund (under Central Employee Benevolent Fund and Group Insurance Act, 1969)	Employees of benevolen	(recipient t grants)	656
		Payments from an approved	Families of	deceased
16	25	superannuation fund made on	enrolled in	approved	59
		the death of a beneficiary	superannuation funds
		Sums received by workers from	Low-income	workers;
17	26	Workers Participation Fund	recipients of	payments	-
		(WPF)	from WPF
		Special allowance or benefit for	Employees	receiving
18	39	employees to meet expenses incurred in the performance of	payments expenses	to meet in the	1,167
		the duties	performance	of duties
		Income of a newspaper
19	40	employee representing Local	Newspaper	employees	-
		Travelling Allowance
20	53A	Employment related perquisites	Employees	receiving	106

Page 8

		(food, education, medical	employment-related
		treatment and any other	perquisites.
		perquisites, if provided by
		employer for free or at subsidized rates) House rent allowance (to judges	Judiciary of Superior
21	55	of the Supreme Court of		32
		Pakistan or of High Courts) Perquisites, benefits and	Courts
22	56	allowances received by a Judge of Supreme Court of Pakistan	Judiciary of Superior Courts	283
		and Judge of High Court
		Any income from voluntary
		contributions, house property	* National Investment
		and investments in securities of	(Unit) Trust of
		the Federal Government derived	Pakistan,
		by the following, namely:-	* Mutual Funds set up
23	57(1)		by Investment	36
		(i) National Investment (Unit)	Corporation of
		Trust of Pakistan	Pakistan
		(ii) Mutual Fund set up by the	* Sheikh Sultan Trust
		Investment Corporation of Pakistan,	Karachi.

Page 9

		(iii) Sheikh Sultan Trust, Karachi.
		Income other than capital gain on stock and shares of public
		company, PTC vouchers,
		modaraba certificates, or any
		instrument of redeemable capital	Mutual	funds,
		and derivative products held for	investment companies,
		less than 12 months derived by	collective	investment
		any Mutual Fund, investment	schemes,	REIT
24	57(2)	company, or a collective	schemes,	Private	-
		investment scheme or a REIT	Equity	& Venture
		Scheme or Private Equity and	Capital	Funds, and
		Venture Capital Fund or the	National	Investment
		National Investment (Unit) Trust	(Unit) Trust of Pakistan
		of Pakistan, if not less than ninety per cent of its income of that year is distributed amongst the Unit- holders.
25	57(3)	Any income of the following funds and institution, namely:-
		(i) a provident fund to which the
26	57(3)	Provident Funds Act, 1925 applies;	Provident	Funds	1,770

Page 10

			Trustees of recognized
		(ii) trustees on behalf of a	provident funds,
27	57(3)	recognized provident fund or an approved superannuation fund or an approved gratuity fund;	approved superannuation funds, and approved gratuity funds	13,118
28	57(3)	(iii) a benevolent fund or group insurance scheme approved by the Board for the purposes of this clause;	Benevolent funds and group insurance schemes	104
29	57(3)	(iv) Service Fund;	Service Funds	-
		(iv) Employees Old Age Benefits
30	57(3)	Institution established under the Employees Old Age Benefit Act, 1976 (XIV of 1976);	Employees Old Age Benefits Institution	89
31	57(3)	(v) any Unit, Station or Regimental Institute; and	Unit, Station or Regimental Institutes	n.a
		(vi) any recognized Regimental
		Thrift and Savings Fund, the
32	57(3)	assets of which consist solely of deposits made by members and profits earned by investment thereof;	Regimental Thrift and Savings Funds	n.a.

Page 11

33	57(3)	(vii) a Pension Fund approved by the SECP	Approved Pension Funds	55
		(viii) any profit or gain or benefit
		derived by a pension fund
		manager from a pension Fund
		approved under the Voluntary	Pension funds under
34	57(3)	Pension System Rules, 2005, on redemption of the seed capital	the Voluntary Pension System Rules 2005	14
		invested in pension fund as
		specified in the Voluntary
		Pension System Rules, 2005;
		xi. International Irrigation	International Irrigation
35	57(3)	Management Institute.	Management Institute	0
		xii. Punjab Pension Fund
		established under the Punjab
36	57(3)	Pension Fund Act, 2007 (I of	Punjab Pension Fund	1,248
		2007) and the trust established
		thereunder.
		xiii. Sindh Province Pension
37	57(3)	Fund established under the Sindh Province Pension Fund	Sindh Province Pension Fund	1,162
		Ordinance, 2002.
38	57(3)	xiv. Punjab General Provident	Punjab General	181

Page 12

	Investment Fund established	Providen	t Investment
	under the Punjab General	Fund
	Provident Investment Fund Act, 2009 (V of 2009) and the trust established thereunder.‖ (xv) Khyber Pakhtunkhwa	Khyber Retireme	Pakhtunkhwa nt Benefits
39 57(3)	Retirement Benefits and Death Compensation Fund.	and Compen	Death sation Fund	115
	(xvi) Khyber Pakhtunkhwa	Khyber	Pakhtunkhwa
40 57(3)	General Provident Investment	General	Provident	1,693
	Fund.	Investment Fund
41 57(3)	(xvii) Khyber Pakhtunkhwa Pension Fund ;	Khyber Pension	Pakhtunkhwa Fund	1,105
	Any amount paid as donation to	Persons	making
	the following institution,
42 61	foundations, societies, boards, trusts and funds, namely:	donation entities	s to the listed
	(i) any Sports Board or institution recognised by the Federal
43 61	Government for the purposes of	ibid		n.a.
	promoting, controlling or
	regulating any sport or game

Page 13

44 61	(ia) The Citizens Foundation	ibid	0.8
	(iii) Fund for Promotion of
45 61	Science and Technology in	ibid	-
	Pakistan
	(iv) Fund for Retarded and
46 61	Handicapped Children	ibid	n.a.
47 61	(v) National Trust Fund for the Disabled	ibid	n.a.
48 61	(vii) Fund for Development of Mazaar of Hazarat Burri Imam	ibid	n.a.
49 61	(viii) Rabita-e-Islami's Project for printing copies of the Holy Quran	ibid	n.a.
50 61	(ix) Fatimid Foundation, Karachi	ibid	19.23
51 61	(x) Al-Shifa Trust	ibid	n.a.
	(xii) Society for the Promotion of
52 61	Engineering Sciences and	ibid	-
	Technology in Pakistan
	(xxiii) Citizens-Police Liaison
	Committee, Central Reporting
53 61		ibid	n.a.
	Cell, Sindh Governor House, Karachi
54 61	(xxiv) ICIC Foundation	ibid	-
55 61	(xxvi) National Management	ibid	-

Page 14

	Foundation
	(xxvii) Endowment	Fund of the
56 61	institutions of the Development Netwo	Agha Khan rk	ibid	16
57 61	(xxviii) Shaheed Bhutto Memorial Aw	Zulfiqar Ali ards Society	ibid	n.a.
58 61	(xxix) Iqbal Memorial Fund		ibid	n.a.
	(xxx) Cancer	Research
59 61	Foundation of Pakistan, Lahore		ibid	3
60 61	(xxxi) Shaukat Khan Trust, Lahore	um Memorial	ibid	681
	(xxxii) Christian	Memorial
61 61	Hospital, Sialkot		ibid	0.06
	(xxxiii) National	Museums,
	National Librar	ies and
62 61	Monuments or	institutions	ibid	n.a.
	declared to be National Heritage by the Federal Government
	(xxxiv) Mumtaz	Bakhtawar
63 61			ibid	043
	Memorial Trust Hospital, Lahore			.
	(xxxv) Kashmir	Fund for
64 61	Rehabilitation of	Kashmir	ibid	n.a.
	Refugees and Freedom Fighters

Page 15

	(xxxvi) Institutions of the Agha
65 61	Khan Development Network (Pakistan)	ibid	975
	(xxxvii) Azad Kashmir
	President's Mujahid Fund, 1972;
	National Institute of
	Cardiovascular Diseases, (Pakistan) Karachi; Businessmen Hospital Trust, Lahore; Premier
66 61	Trust Hospital, Mardan; Faisal	ibid	97
	Shaheed Memorial Hospital
	Trust, Gujranwala; Khair-un-Nisa
	Hospital Foundation, Lahore; Sind and Balochistan Advocates' Benevolent Fund; Rashid Minhas Memorial Hospital Fund.
	(xxxviii) Any relief or welfare fund
67 61	established by the Federal Government;	ibid	-
68 61	(xxxix) Mohatta Palace Gallery Trust	ibid	4
69 61	(xl) Bagh-e-Quaid-e-Azam project, Karachi	ibid	-

Page 16

70 61	(xli) Any amount donated for Tameer-e-Karachi Fund	ibid	-
	(xlii) Pakistan Red Crescent
71 61	Society	ibid	12
	(xliii) Bank of Commerce and
72 61	Credit International Foundation for Advancement of Science and Technology	ibid	n.a.
	(xliv) Any amount donated to
73 61	Federal Board of Revenue	ibid	-
	Foundation.
74 61	(xlv) The Indus Hospital, Karachi	ibid	186
75 61	(xlvi) Pakistan Sweet Homes Angels and Fairies Place	ibid	4
76 61	(xlvii) Al-Shifa Trust Eye Hospital	ibid	23
77 61	(xlviii) Aziz Tabba Foundation	ibid	41
	(xlix) Sindh Institute of Urology
78 61	and Transplantation, SIUT Trust and Society for the Welfare of SIUT	ibid	13
79 61	(i) Sharif Trust	ibid	3
	(ii) The Kidney Centre Post
80 61	Graduate Institute	ibid	3

Page 17

81 61	(Iii) Pakistan Disabled Foundation	ibid	1
82 61	(Iiii) Sardar Trust Eye Hospital, Lahore	ibid	1
	(Iiv) Supreme Court of Pakistan
83 61	- Diamer Bhasha & Mohm and Dams	ibid	2,135
84 61	(lv) Layton Rahmatullah Benevolent Trust (LRBT)	ibid	227
85 61	(lvi) Akhuwat	ibid	134
	Any amount donated to the	Persons making
86 64A	Prime Minister’s Special Fund for	donations into the said	-
	victims of terrorism	Fund.
87 64B	Any amount donated to the Chief Minister’s (Punjab) Relief Fund for Internally Displaced Persons (IDPs) of NWFP.]	Persons making donations into the said Fund.	-
	Prime Minister’s Flood Relief Fund 2010 and Provincial Chief	Persons making
88 64C	Ministers’ Relief Funds, for victims of flood 2010.	donations into the said Fund.	-
89 65A	Income for any tax year	Emigrants and their	-
	commencing from the tax year	families in Pakistan

Page 18

	2003, derived from the Welfare
	Fund created under rule-26 of
	the Emigration Rules, 1979
	(made under section 16 of the
	Emigration Ordinance, 1979
	(XVIII of 1979), except the
	income generated by the
	aforesaid Fund through commercial activities.
90 66	Any income derived by following entities:	Specific Entities by name	-
	i. Abdul Sattar Edhi Foundation,	Abdul Sattar Edhi
91 66	Karachi	Foundation, Karachi	689
92 66	ii. Al-Shifa Trust, Rawalpindi	Al-Shifa Trust, Rawalpindi	7
	iii. Bilquis Edhi Foundation,	Bilquis Edhi
93 66	Karachi	Foundation, Karachi	395
94 66	iv. Fatimid Foundation, Karachi	Fatimid Foundation, Karachi	9
	vi. International Islamic Trade	International Islamic
95 66	Finance Corporation	Trade Finance Corporation	-
96 66	vii. Islamic Corporation for	Islamic Corporation for	-

Page 19

	Development of Private Sector	Development of Private Sector
	viii. National Memorial Bab-e-	National Memorial
97	66 Pakistan Trust	Bab-e-Pakistan Trust	-
	ix. Pakistan Agricultural	Pakistan Agricultural
98	66 Research Council, Islamabad	Research Council, Islamabad	4
99	66 x. Pakistan Engineering Council	Pakistan Engineering Council	184
100	66 xi. The corporatized entities of Pakistan Water and Power Development Authority	The corporatized entities of Pakistan Water and Power Development Authority	-
		The Institution of
	xii The Institution of Engineers
101	66 . , Pakistan, Lahore	Engineers, Pakistan, Lahore	11
	(xiia) The Prime Minister’s	The Prime Minister’s
102	66 Special Fund for victims of	Special Fund for	-
	terrorism	victims of terrorism
	(xiib) Chief Minister’s (Punjab)	Chief Minister’s
	Relief Fund for Internally	(Punjab) Relief Fund
103	66		-
	Displaced Persons (IDPs) of	for Internally Displaced
	NWFP	Persons (IDPs) of

Page 20

	xiii. The Institutions of the Agha	NWF The Agha	P Institutions of the Khan
104	66 Khan Development Network (Pakistan)	Development Network (Pakistan)		510
105	66 xiv. The Liaquat National Hospital Association, Karachi	The Hosp Kara	Liaquat National ital Association, chi	224
	xv. The Pakistan Council of	The	Pakistan Council
106	66 Scientific and Industrial	of	Scientific and	135
	Research	Industrial Research
107	66 xvi. The Pakistan Water and Power Development Authority	The and Deve	Pakistan Water Power lopment Authority	8,315
108	66 xvii. WAPDA First Sukuk Company Limited	WAPDA First Sukuk Company Limited		-
109	66 (xix) Pension of a former President of Pakistan and his widow under the President Pension Act, 1974	Form Paki wido	er Presidents of stan and their ws	-
	(xx) State Bank of Pakistan and	State	Bank of Pakistan
110	66 State Bank of Pakistan Banking	and	State Bank of	50,201
	Services Corporation	Paki	stan Banking

Page 21

			Services Corporation
111	66 (xxi) Internationa Corporation	l Finance	International Finance Corporation	-
112	66 (xxii) Pakistan Do Company Ltd	mestic Sukuk	Pakistan Domestic Sukuk Company Ltd	-
113	66 (xxiii) The Asian Bank	Development	The Asian Development Bank	-
114	66 (xxiv) The ECO Development Bank	Trade and	The ECO Trade and Development Bank	495
	(xxv) The Islamic Commerce and In	Chamber of dustry under	The Islamic Chamber of Commerce and
115	66 the Organization Conference (OIC)	of Islamic	Industry under the Organization of Islamic Conference (OIC)	-
116	66 (xxvi) COMSATS		COMSATS	-
	(xxvii) WAPDA on	issuance of
	twenty billion	rupees
117	66 TFC’s/SUKUK cer consideration of Di Dam Projects	tificates for amer Bhasha	WAPDA	-
118	66 (xxviii) Federal Revenue Foundatio	Board of n	Federal Board of Revenue Foundation	-
119	66 (xxix) WAPDA Se	cond Sukuk	WAPDA Second	-

Page 22

	Company Limited		Sukuk Company Limited
			The Citizens
120	66 (xxx) The Citizens Fo	undation	Foundation	172
121	66 (xxxi) Sindh Institute and Transplantation, and Society for the SIUT	of Urology SIUT Trust Welfare of	Sindh Institute of Urology and Transplantation, SIUT Trust and Society for the Welfare of SIUT	840
	(xxxii) Greenstar	Social	Greenstar Social
122	66 Marketing Pakistan (	Guarantee)	Marketing Pakistan	24
	Limited		(Guarantee) Limited
123	66 (xxxiii) Pakistan I Sukuk Company Limit	nternational ed	Pakistan International Sukuk Company Limited	n.a.
124	66 (xxxiii) The Indus Karachi	Hospital,	The Indus Hospital, Karachi	78
	(xxxiv) Second	Pakistan	Second Pakistan
125	66 International Sukuk	Company	International Sukuk	-
	Limited		Company Limited
	(xxxv) Third	Pakistan	Third Pakistan
126	66 International Sukuk	Company	International Sukuk	-
	Limited		Company Limited

Page 23

127	66 (xxxvi) Asian Infra Investment Bank and pe provided in Article 51 of IX of the Articles of Ag signed and ratified by and entered into force 25th December, 2015.	structure rsons as Chapter reement Pakistan on the	Asian Investme	Infrastructure nt Bank	-
128	66 (xxxvii) Gulab Devi Hospital.	Chest	Gulab Hospital.	Devi Chest	11
129	66 (xxxviii) Pakistan Alleviation Fund.	Poverty	Pakistan Alleviatio	Poverty n Fund.	312
130	66 (xxxix) National Acad Performing Arts.	emy of	National Performi	Academy of ng Arts.	22
131	66 (xl) Pakistan Sweet Angels and Fairies Place	Homes .	Pakistan Homes Fairies P	Sweet Angels and lace.	35
132	66 (xli) National Rural Programme.	Support	National Program	Rural Support me.	510
133	66 (xlii) SAARC Energy Ce	ntre.	SAARC Centre.	Energy	-
134	66 (xliii) Pakistan Bar Coun	cil.	Pakistan	Bar Council.	0.4
135	66 (xliv) Pakistan Cen Philanthropy.	tre for	Pakistan Philanthr	Centre for opy.	0.8

Page 24

	(xlv) Pakistan Mortgage	Pakistan Mortgage
136	66 Refinance Company Limited.	Refinance Company Limited.	0.9
137	66 (xlvi) Aziz Tabba Foundation.	Aziz Tabba Foundation.	32
138	66 (l) Al-Shifa Trust Eye Hospital.	Al-Shifa Trust Eye Hospital.	n.a.
139	66 (li) Saylani Welfare International Trust.	Saylani Welfare International Trust.	34
140	66 (lii) Shaukat Khanum Memorial Trust.	Shaukat Khanum Memorial Trust.	141
	(liii) Layton Rahmatullah	Layton Rahmatullah
141	66 Benevolent Trust (LRBT).	Benevolent Trust (LRBT).	47
142	66 (liv) The Kidney Centre Post Graduate Training Institute.	The Kidney Centre Post Graduate Training Institute.	75
143	66 (lv) Pakistan Disabled Foundation.	Pakistan Disabled Foundation.	-
144	66 (lvi) Forman Christian College;	Forman Christian College;	30
145	66 (lvii) Habib University Foundation.	Habib University Foundation.	25

Page 25

146	66 (lviii) Begum Akhtar Rukhsana Memorial Trust Hospital.	Begum A Rukhsana Mem Trust Hospital.	khtar orial	21
147	66 (lix) Al-Khidmat Foundation.	Al-Khidmat Foundation.		18
148	66 (lx) Dawat-e-Islami Trust	Dawat-e-Islami Trust		512
149	66 (Ixi) Sardar Trust Eye Hospital, Lahore.	Sardar Trust Hospital, Lahore.	Eye	1.2
150	66 (lxii) Supreme Court of Pakistan - Diamer Bhasha & Mohmand Dams - Fund	Supreme Court Pakistan - Di Bhasha & Mohm Dams - Fund	of amer and	3
151	66 (lxiii) National Disaster Risk Management Fund.	National Disaster Management Fund	Risk .	0.2
				Already accounte d for
152	66 (lxiv) Deposit Protection Corporation	Deposit Prote Corporation	ction	under sub- clause
				(xx) under consolida

Page 26

				ted figure for SBP
153	66	(lxv) Sarmaya-e-Pakistan Limited	Sarmaya-e-Pakistan Limited	-
154	66	(lxvi) Akhuwat	Akhuwat	148
155	66	(lxvii) Audit Oversight Board.	Audit Oversight Board.	0.4
156	66	(lxviii) Patient’s Aid Foundation.	Patient’s Aid Foundation.	13
		Any income derived by Sukuk holder in relation to Sukuk issued
		by -The Second Pakistan
157	72A	International Sukuk Company Limited‖ and the Third Pakistan	Sukuk holders	2,771
		International Sukuk Company
		Limited, including any gain on disposal of such Sukuk.
158	74	Profit on debt derived by Hub Power Company Limited on or after the first day of July,1991	Hub Power Company Limited	1.66
		Any income of an agency of a	Agencies of foreign
159	75	foreign Government, a foreign national (company, firm or	Governments, foreign nationals or any other	6,557
		association of persons), or any	non-resident person

Page 27

	other non-resident person	approved by the
	approved by the Federal	Federal Government
	Government for the purposes of
	this clause, from profit on
	moneys borrowed under a loan agreement or in respect of foreign currency instrument
	approved by the Federal
	Government.
160 78	Profit on debt on foreign currency accounts	Foreign currency account holders	n.a.
161 79	Profit on debt derived by non- resident Pakistanis on rupee accounts	Citizens of Pakistan residing abroad and remitting foreign exchange	n.a.
	Income derived from a private foreign currency account held
	with an authorised bank in	Foreign currency
162 80	Pakistan, or certificate of investment issued by investment banks, by a resident individual who is a citizen of Pakistan:	account holder resident individual citizens of Pakistan	-
	(This exemption is not available

Page 28

		in respect of any incremental
163	90	deposits made in the said accounts on or after the 16th day of December, 1999) Profit on debt payable by Pakistani industrial undertakings to financial institutions in foreign countries	Financial institutions in foreign countries lending with approval of Federal Government of Pakistan	n.a.
		Profit on debt derived by any
		person on bonds issued by	Investors / buyers of
164	90A	Pakistan Mortgage Refinance	bonds issued by	-
		Company to refinance the	Pakistan Mortgage
		residential housing mortgage market, for a period of five years	Refinance Company
165	91	Text-book boards of Provinces	Text-book boards of provinces	531
			Regulators,
			organizations and
166	98	Sports Boards (except Pakistan	boards established by	59
		Cricket Board).	government to
			encourage major
			games and sports

Page 29

					Collective Investment
					Schemes and REIT
167	99	Collective Investment or a REIT Schemes		Schemes	Schemes that are distributing more than 90% of their incomes to certificate holders / shareholders.	5,228
					Taxpayers selling
		Profits and gains on		sale of	immovable property to
168	99A	immovable property to		a REIT	a Developmental REIT	-
		Scheme			Scheme or a rental
					REIT Scheme
169	100	Modarabas			Modarabas	425
		Venture capital venture capital	compa funds	nies and registered	Venture capital
		under Vent	ure	Capital	companies venture
170	101	Companies	and	Funds	capital funds, and	1
		Management Ru Private Equity	les, 20 and	00 and a Venture	Private Equity & Venture Capital Funds.
		Capital Funds Income represe	nting	a subsidy	Recipients of subsidies
171	102A	granted by Government	the	Federal	granted by Federal Government	2,729

Page 30

	Distributions received by a
		Investors investing in
172 103	taxpayer from collective investment schemes or mutual funds (which are debt or money market funds and do not invest in shares) out of capital gains	debt or money market mutual funds and collective investment schemes	1
	Income derived by the Libyan
173 104	Arab Foreign Investment Company being dividend of the Pak-Libya Holding Company.	Libyan Arab Foreign Investment Company	-
	Income derived by the
174 105	Government of Kingdom of Saudi Arabia being dividend of the Saudi-Pak Industrial and Agricultural Investment Company Limited.	Government of Kingdom of Saudi Arabia	25
175 105A	Income derived by Kuwait Foreign Trading Contracting and Investment Company or Kuwait Investment Authority being dividend of the Pak Kuwait Investment Company in Pakistan	Kuwait Foreign Trading Contracting & Investment Company, and Kuwait Investment Authority	38
176 105B	Income received by a taxpayer	Taxpayers receiving	43

Page 31

from a corporate agricultural dividend income from enterprise, distributed as corporate agricultural dividend out of its income from enterprises agriculture. Any gain on transfer of a capital asset, being a membership right held by a member of an existing stock exchange, for acquisition of shares and trading or clearing Members of Stock 177 110B - rights acquired by such member Exchange in new corporatized stock exchange in the course of corporatization of an existing stock exchange. Any gain by a person on transfer of a capital asset, being a bond issued by Pakistan Mortgage Persons deriving gain Refinance Company to refinance from bonds issued by 178 110C - the residential housing mortgage Pakistan Mortgage market, during the period from Refinance Company the 1st day of July, 2018 till the 30th day of June, 2023. 179 114 Income under the head "capital Industrial undertakings n.a.

Page 32

	gains" derived by industrial	set up	in "Zones"
	undertakings set up in a "Zone"	within the	meaning of
	within the meaning of the Export	Export	Processing
	Processing Zones Authority	Zones	Authority
	Ordinance, 1980	Ordinance
180 126	Public sector universities	Public Universitie	sector s	4,242
	Income derived by China
	Overseas Ports Holding
	Company Limited, China
	Overseas Ports Holding
	Company Pakistan (Private)
	Limited, Gawadar International
181 126A	Terminal Limited, Gawadar	Listed companies		3
	Marine Services Limited and
	Gawadar Free Zone Company
	Limited from Gawadar Port operations for a period of twenty- three years, with effect from the sixth day of February, 2007.
182 126AA	Profit and gains derived by a taxpayer from businesses set up in the Gawadar Free Zone Area	All businesses set up in Gawadar Free Zone		-

Page 33

Profit on debt derived byForeign lenders or (a) any foreign lender; or public sector (b) any local bank having more banks/State bank than 75 per cent shareholding of having financing 183 126AB the Government or the State - agreement with China Bank of Pakistan, under a Overseas Ports Financing Agreement with the Holding Company China Overseas Ports Holding Limited Company Limited Income derived by contractors and sub-contractors of China Overseas Ports Holding Company Limited, China Contractors and subOverseas Ports Holding contractors of listed Company Pakistan (Private) 184 126AC companies from - Limited, Gawadar International Gawadar Port Terminal Limited, Gawadar operations Marine Services Limited and Gawadar Free Zone Company Limited from Gawadar Port operations Income derived by China China Overseas Ports 185 126AD - Overseas Ports Holding Holding Company

Page 34

	Company Limited being dividend received from China Overseas Ports Holding Company Pakistan	Limited
	(Private) Limited, Gwadar International Terminal Limited Gwadar Marine Services Limited
	and Gwadar Free Zone
	Company Limited
186 126B	Profit and gains derived by Khalifa Coastal Refinery	Khalifa Coastal Refinery	-
187 126BA	Refineries	Oil refineries	443
188 126C	Industrial undertakings set up in Larkano Industrial Estate Industrial undertakings set up in the Gawadar declared by the	Industrial undertakings set up in Larkano Industrial Estate	-
189 126D	Federal Government to be a Zone within the meaning of	Industrial undertaking set up in the Gawadar	-
	Export Processing Zone Authority Ordinance, 1980
	Income derived by a zone	Zone enterprise as
190 126E	enterprise as defined in the	defined in the Special	198
	Special Economic Zones Act,	Economic Zones Act,

Page 35

	2012 and developer of zone for a	2012, and developers
	period of ten years	of zones.
	1.Income of Astro Plastics (Pvt) Limited derived from their project Biaxially Oriented Polyethylene
191 126G	Terephthalate (BOPET) Project; and	Astro Plastics (Pvt) Limited,	-
	2. Income of Novatex Limited	M/s. Novatex Limited
	derived from their project
	Biaxially Oriented Polyethylene Terephthalate (BOPET) Project.
192 126H	Income from fruit processing or preservation units set up in Balochistan Province, Malakand	Fruit processing or preservation units set up in Balochistan
		Province, Malakand	-
	Division, Gilgit Baltistan and FATA	Division, Gilgit Baltistan and ex-FATA
	Industrial undertakings engaged	Manufacturers of plant,
	in the manufacture of plant,	machinery &
193 126I	machinery, equipment and items	equipment for use in	11
	with dedicated use for generation	generation of
	of renewable energy	renewable energy

Page 36

sources.

	Profits and gains derived by a	Industrial undertakings
	taxpayer, from an industrial	engaged in operating
194 126J	undertaking engaged in	warehousing or cold	n.a.
	operating warehousing or cold	chain facilities for
	chain facilities for storage of	storage of agriculture
	agriculture produce	produce
	Profits and gains derived by
195 126K 196 126L	industrial undertakings set up for establishing and operating a halal meat production unit Industrial undertakings set up in the Provinces of Khyber Pukhtunkhwa and Baluchistan	Halal meat production units Industrial undertakings set up in the Provinces of Khyber Pukhtunkhwa and Baluchistan between 1st day of July, 2015and 30th day of June, 2018	21 9
197 126M	Profits and gains derived by a taxpayer from a transmission line project set up in Pakistan	Companies deriving income from transmission line projects in Pakistan	7

Page 37

	Profits and gains derived by a
	taxpayer from an industrial
198 126N	undertaking, duly certified by the Pakistan Telecommunication Authority, engaged in the manufacturing of cellular mobile phones	Local cellular mobile phone manufacturers	12
	Profits and gains of a company
199 126O	from a green field industrial undertaking incorporated on or after the first day of July, 2019	Green field industrial undertakings	-
	Royalty, commission or fees earned from a foreign enterprise
200 131	in consideration for the use outside Pakistan of any patent, invention, model, design, secret	Innovators and technical experts	2
	process or formula or similar property right
201 132	Profits and gains derived by a taxpayer from an electric power generation project set up in Pakistan on or after the 1st day of July, 1988.	Electric power generation projects	26,888

Page 38

202 132A	Profit and gains derived by Bosicor Oil Pakistan Limited	Bosicor Oil Pakistan Limited (refinery)	-
	Coal mining projects in Sindh,	Cl ii t i
203 132B	supplying coal exclusively to power generation projects.	oa mnng projecs n Sindh	-
	Income from exports of computer	Exporters of computer
204 133	software or IT services or IT enabled services	software, IT services or IT enabled services	1,239
		Non-residents deriving
	Income derived by non-residents	income from
205 135A	from investment in OGDCL exchangeable bonds issued by	investment in OGDCL exchangeable bonds	-
	the Federal Government.	issued by the Federal
		Government.
	Income of a special purpose	Special purpose vehicles as defined in
206 136	vehicle as defined in the Asset Backed Securitization Rules, 1999	the Asset Backed Securitization Rules, 1999	-
207 139	Medical treatment or hospitalization for employees	Employees receiving free medical care from employers.	1,051
208 141	Profit and gains derived by LNG	LNG Terminal

Page 39

		Terminal Operators and	Terminal	Operators and	732
		Owners		Terminal Owners
		Income from social	security
209	142	contributions derived by provincial Social institutions	the four Security	Provincial social security institutions	5,017
				Startups as defined in
210	143	Start-ups		clause (62A) of section 2 of the ITO-2001	635
211	145A, 146	Income of individuals or companies and ass of persons resident erstwhile Tribal Areas	domiciled ociations in the	Individuals domiciled or companies and associations of persons resident in the ex-Tribal Areas	4,454
	16,
212	39A,	Others		Others	1,192
	51, 52
Total					212,070

Part 4 : Reduction in Tax Rates

The tax in respect of income Service providers and 1 3 - from services rendered outside contractors

Page 40

		Pakistan and construction
		contracts executed outside
		Pakistan shall be 50% of the
		rates as specified in Division III of Part III of the First Schedule
		The income of Pakistan Cricket
		Board derived from sources
2	3B	outside Pakistan shall be taxed at a rate of four per cent of the gross receipts from such sources	Pakistan Cricket Board -
		In the case of a modaraba the rate of income tax shall be 25% of total income excluding such
3	18	part of total income to which Division III of Part I of the First	Modarabas 0.2
		Schedule or section153 or
		section 154 applies.
		The rate of tax shall be reduced
		to 20% for a company setting up	Companies setting up
		an industrial undertaking	industrial undertakings
4	18A		-
		between the first day of July,	between 2014 and
		2014 to the thirtieth day of June,	2017
		2017, for a period of five years

Page 41

beginning from the month in which the industrial undertaking is set up or commercial production is commenced whichever is later The rate of tax shall be reduced by 2% in case of a company whose shares are traded on stock exchange if it fulfills Shariah compliant prescribed shari’ah compliant companies whose 5 18B criteria approved by State Bank shares are traded on 6 of Pakistan, Securities and stock exchange Exchange Commission of Pakistan and the Board, and derives income from manufacturing activities only The tax on payments under the Compulsory Monetization of Transport Facility for Civil Employees (civil 6 27 Servants in BS-20 to BS-22 (as servants of BS-20 and 99 reduced by deduction of driver’s above) salary) shall be charged at the rate of 5% as a separate block of

Page 42

		income. The rate of tax under section 148 on import of hybrid cars shall be
7	28A	reduced as below:-	Consumers	of Hybrid
		Upto 1200 cc - 100%	Cars		23
		1201 to 1800 cc - 50%
		1801 to 2500 cc - 25%
		The rates of tax as specified in Division II of Part-IV of the First
8	28C	Schedule shall be five percent in the case of a person running online marketplace as defined in clause (38B) of section 2.]	E-commerce	sector	-
Total					128
		Part 5: Reduction in Ta	x Liability
		Any amount received as flying
		allowance by flight engineers, navigators of Pakistan Armed	Employees	(persons
1	1(1)	Forces, Pakistani Airlines or Civil	receiving	flying	133
			allowance)
		Aviation Authority, Junior
		Commissioned Officers or other

Page 43

		ranks of Pakistan Armed Forces;
		and submarine allowance by the officers of the Pakistan Navy,
		shall be taxed @ 2.5% as a separate block of income
		Total allowances received by
		pilots of any Pakistani airlines shall be taxed at a rate of 7.5%,
2	1(1AA)	provided that the reduction under this clause shall be available to so much of the allowances as exceeds an amount equal to the basic pay	Employees (pilots of Pakistani Airlines)	430
3	1(2)	Tax concession for full time teacher or a researcher	Employees (full time teacher or a researcher)	2,421
		In respect of old and used
		automotive vehicles, tax under
4	4	section 148 shall not exceed the amount specified in Notification	Importers of old and used cars	1
		No. S.R.O. 577(I)/2005, dated
		the 6th June, 2005.
5	7	The amount of tax payable by	Foreign film-makers

Page 44

	foreign film-makers from making	-
	films in Pakistan shall be
	reduced by fifty percent on
	income from film-making in
	Pakistan.
	The amount of tax payable by
	resident companies deriving	Film making
6 8	income from film-making shall be reduced by seventy percent on income from film-making.	companies based in Pakistan	n.a.
7 9	The tax payable on profits and gains derived by a person from low cost housing projects shall be reduced by fifty percent.	Taxpayers deriving income from low cost housing projects	n.a.
Total			2,986
	Part 6 : Exemption from Specific Provisions
	The provisions of section 111 regarding un-explained income	Foreign currency
1 5	or assets shall not apply in respect of foreign exchange	account holders	-
	deposited in a private Foreign

Page 45

	Curre	ncy account, excluding
	such	accounts where
	incre	mental deposits were made
	on o	r after the 16th day of
	December, 1999
	(11A	) The provisions of section
	113, shall	regarding minimum tax, not apply to:
	(iii)	Pakistan Red Crescent	Pakistan Red Crescent
2 11A	Society		Society	4
	(xiv)	Corporate and Industrial	Corporate and
3 11A	Restr (CIR	ucturing Corporation C)	Industrial Restructuring Corporation (CIRC)	n.a.
	(xxxi)	National Disaster Risk	National Disaster Risk
4 11A	Management Fund.		Management Fund.	0.2
	Note:	Other entities under clause	11A which count as tax
5	expenditure have already been		covered in Part 1 of
	Seco	nd Schedule (above).
	The	provisions of section 148	M/s China State
	shall	not apply for import of plant,	Construction
6 60A	machinery and equipment in the		Engineering	836
	case	of:-	Corporation Ltd. (M/s
	(a)	M/s China State	CSCEC); and M/s

Page 46

	Construction Engineering	China Communication
	Corporation Ltd. (M/s CSCEC);	Construction Company
	and	(M/s CCCC).
	(b) M/s China Communication
	Construction Company (M/s
	CCCC).
	The provisions of section 148
	shall not apply on import of
	firefighting equipments by	Industrial undertakings
7 60D	industrial undertakings set up in	set up in the special	23
	the special economic zones	economic zones
	established by the Federal
	Government.
	M/s Dawat-e-Hadiya, Karachi
	and Lahore University of
	Management Sciences, Lahore]	M/s Dawat-e-Hadiya,
	shall be deemed to have been	Karachi and Lahore
8 63	approved by the Commissioner for the purpose of sub-section	University of Management	270
	(36) of section 2 notwithstanding	Sciences, Lahore
	the provisions of clause (c) of
	sub-section (36) of section 2.
9 71	The provisions of this Ordinance	M/s TAISEI

Page 47

		shall not be applicable to the M/s	Corporation	84
		TAISEI Corporation under the
		agreement between National Highway Authority, GOP
		Provisions of sections 148 and	Importers and
		153 shall not be applicable on	suppliers of items with
10	77	import and subsequent supply of items with dedicated use of	dedicated use of renewable sources of	1,229
		renewable sources of energy	energy
		Coal Mining and Coal based
		Power Generation Projects in Sindh:-
		(i) the dividend income of the
		shareholders of such a project
		shall be exempt from provisions	Shareholders of coal
11	78	of section 150	mining and coal based power generation	-
		(ii) the payments made on	projects in Sindh
		account of sale or supply of goods or providing or rendering
		of services during project construction and operations,
		shall be exempt from the

Page 48

		provisions of section 152(2A)
		and	section 153."
		The	provisions of section 148
		shal	l not apply to-
		(i)	Tillage and seed bed
		prep	aration equipment as
		spe	cified below
		(ii)	Seeding or planting
12	91	equi (iii)	pment Irrigation, drainage and agro-	Farming sector	528
		chemical application equipment
		(iv)	Harvesting, threshing and
		stor	age equipment
		(v)	Post-harvest handling and
		proc	essing & miscellaneous
		machinery
		The	provisions of section 231B
		(1A)	shall not apply to light	Beneficiaries of PM's
13	102	com	mercial vehicles leased	Youth Business Loan	n.a.
		under the Prime Minister’s Youth		Scheme
		Business Loan Scheme.
Total					2,975

Page 49

Part 7: Others / Miscellaneous

1 41	Agricultural income Agriculture sector	* Note 1
2 49	Federal Government, Provincial Government, and Local Government income. Government organizations	18,934
Total		18,934
	Grand Total - Income Tax	378,026

Note 1: It is estimated that Rs. 69.5 billion is a tax gap under section 41 of the Ordinance on account of provinces having the mandate to levy tax on agricultural incomes. For details, please see Appendix 1.

Tax Expenditure Estimates (Sales Tax)

TABLE 2: Tax Expenditure Estimates of Sales Tax - FY 2020

Contents	(Rs. in million)
Part 1: Zero Rating under 5th Schedule to Sales Tax Act 1990	13,671
Part 2: Exemption on Imports	255,843

Page 50

Part 3: Exemption on Local Supplies		54,871
Part 4: Reduced Rates Under 8th Schedule (2%)		74,008
Part 5: Reduced Rates Under 8th Schedule (5%)		8,677
Part 6: Reduced Rates Under 8th Schedule (10%) Part 7: Other Reduced Rates		35,452 53,138
Part 8: Sales Tax on Cellular Mobile Phones under	9th Schedule	23,154
Total		518,814
Sr No Legal Ref. Description	Intended Beneficiary	Estimate (Rs. mil)

Part 1: Zero Rating under 5th Schedule to Sales Tax Act 1990

	Section 4		Manufacturing (Plant
		27-b-Crude Oil From
1	(Zero Rating)	Petroleum And Bituminous	and Machinery),	38,169
	- 5th Schedule	Miner	General Masses (POL Products)
	Section 4		Manufacturing
2	(Zero Rating) - 5th	04-a-Milk Cream And Butter Dairy Products	(Industrial Inputs), General Masses	4,346
	Schedule		(Food Products)
3	Section 4	27-e-Petroleum Gases &	Manufacturing (POL

Page 51

	(Zero Rating)	Other Gaseous	Products),	General	4,105
	- 5th	Hydrocarbons	Masses	(POL
	Schedule		Products)
	Section 4		Diplomats	and
	(Zero Rating)		Diplomatic	Mission,	2,304
4	- 5th	27-c-Petroleum Refined	Manufacturing (POL
	Schedule	Oil & Related Products	products),	General
			Masses Products)	(POL
	Section 4		Manufacturing
5	(Zero Rating)	10-b-Cereals And Grains	(Industrial	Inputs),	1,845
	- 5th	Other Than Rice	General	Masses
	Schedule		(Food Products)
6	Section 4 (Zero Rating) - 5th Schedule	84-e-Special Industry Machinery Textile, Food,Pape	Manufacturing (Plant and Machinery)		1,531
	Section 4		Manufacturing
	(Zero Rating)	96-a-Misc. Manufactured	(Industrial	Imputes),	1,220
7	- 5th Schedule	Articles brushes, buttons,	General (Household Products)	Masses
8	Section 4	32-b-Tanning Or Dyeing	Manufacturing

Page 52

	(Zero Rating) - 5th	Extracts, Dyes, Pigments, I	(Industrial General	Inputs), Masses	468
	Schedule		(Household Products)
	Section 4		Diplomats	and
9	(Zero Rating)	89-b-Ships, Boats, &	Diplomatic	Mission,	271
	- 5th	Floating Structures	Manufacturing (Plant
	Schedule		and Machinery)
	Section 4 (Zero Rating)	72-a-Iron & Steel;	Manufacturi	ng (Plant	269
10	- 5th Schedule	Ferroalloys; Bars, Including W	and Machinery)
	Section 4	48-b-Articles Of Paper	Manufacturing
	(Zero Rating)		(Industrial	Inputs),	266
11		Pulp Filter Paper
	- 5th Schedule	, Wallpaper	General (Food Prod	Masses ucts)
	Section 4		Manufacturing
	(Zero Rating)		(Industrial	Inputs),	257
12	- 5th	17-c-Sugar Confectionary	General	Masses
	Schedule		(Food Products)
	Section 4	98-34-BUSINESS	Diplomats	and
13	(Zero Rating) - 5th	SUPPORT SERVICES	Diplomatic Manufacturi	Mission, ng,	233

Page 53

	Schedule		General Masses
	Section 4		Manufacturing
14	(Zero Rating)	01-a-Live Animals	(Industrial	Inputs),	218
	- 5th		General	Masses
	Schedule		(Food Products)
	Section 4		Manufacturing
	(Zero Rating)	85-g-Electronic	(Industrial	inputs),	205
15	- 5th	Components And	General	Masses
	Schedule	Accessories	(Household Products)
	Section 4		Manufacturing
	(Zero Rating)	30-a-Pharmaceutical	(Industrial	inputs),	176
16	- 5th Schedule	Products	General (Household Products)	Masses
	Section 4		Manufacturing
	(Zero Rating)	48-a-Paper & Paperboard	(Industrial	inputs),	173
17	- 5th Schedule	, Rolls , Sheets	General (Household Products)	Masses
18	Section 4 (Zero Rating)	27-g-Electrical Energy	Diplomats Diplomatic	and Mission,	165

Page 54

	- 5th Schedule		Manufacturing (Industrial Inputs)
	Section 4		Diplomats	and
19	(Zero Rating)	88-a-Aircraft, Spacecraft,	Diplomatic	Mission,	139
	- 5th	Missiles & Parts Thereof	Manufacturing
	Schedule		(Industrial Inputs)
	Section 4	98-15-MANAGEMENT	Diplomats	and
20	(Zero Rating)	CONSULTANTS	Diplomatic	Mission,	118
	- 5th Schedule	SOFTWARE	Manufacturing (Industrial Inputs)
	Section 4		Diplomats	and
21	(Zero Rating)	98-18-SECURITY	Diplomatic	Mission,	108
	- 5th	SERVICES	Manufacturing
	Schedule		(Industrial Inputs)
	Section 4	87-d-Other Vehicles /	Diplomats	and
	(Zero Rating)		Diplomatic	Mission,	99
22	- 5th Schedule	Carriages / Trailers; Vehicle	Manufacturing (Industrial Inputs)
	Section 4		Diplomats	and
	(Zero Rating)		Diplomatic	Mission,
23		98-23-TRANSPORT
	- 5th		Manufacturing,		98
	Schedule		General Masses
24	Section 4	36-a-Explosives,	Manufacturing

Page 55

	(Zero Rating)	Pyrotechnic Products	(Industrial Inputs)	89
	- 5th Schedule
25	Section 4 (Zero Rating) - 5th Schedule	90-b-Laboratory Apparatus And Analytical, Optical,	Manufacturing (Industrial Inputs)	82
	Section 4
26	(Zero Rating) - 5th	52-a-Cotton, Cotton Waste	Manufacturing (Industrial Inputs)	77
	Schedule
	Section 4
27	(Zero Rating)	38-a-Miscellaneous	Manufacturing	69
	- 5th	Chemical Products	(Industrial Inputs)
	Schedule
	Section 4
28	(Zero Rating)	39-a-Polymers, Polyesters	Manufacturing	66
	- 5th	In Primary Form Etc	(Industrial Inputs)
	Schedule
	Section 4		Diplomats and
29	(Zero Rating)	62-a-Articles Of Apparel &	Diplomatic Mission,	62
	- 5th	Clothing Accessories-No	Manufacturing
	Schedule		(Industrial Inputs),

Page 56

			General (Household Products)	Masses
			Diplomats	and
	Section 4 (Zero Rating)	85-h-Miscellaneous	Diplomatic Manufacturi	Mission, ng	59
30	- 5th	Electrical Machinery,	(Industrial	Inputs),
	Schedule	Equipment	General (Household	Masses
			Products)
			Diplomats	and
	Section 4 (Zero Rating)	39-b-Plastics Packaging	Diplomatic Manufacturi	Mission, ng	52
31	- 5th Schedule	Materials Incl Boxes, Bags	(Industrial General (Household	Inputs), Masses
			Products)
			Diplomats	and
	Section 4		Diplomatic	Mission,	50
32	(Zero Rating)	84-g-Computer And Office	Manufacturing
	- 5th	Equipment	(Industrial	Inputs),
	Schedule		General	Masses
			(Household

Page 57

33	Section 4 (Zero Rating) - 5th Schedule	52-c-Cotton Fabric	Products) Manufacturi (Industrial In	ng puts)	49
			Diplomats	and
	Section 4 (Zero Rating)		Diplomatic Manufacturi	Mission, ng	47
34	- 5th Schedule	98-04-CONSTRUCTION	(Industrial General (Household	Inputs), Masses
			Products)
			Diplomats	and
35	Section 4 (Zero Rating) - 5th Schedule	15-b-Vegetable Oil, Fats & Waxes Etc	Diplomatic Manufacturi (Industrial General (Household Products)	Mission, ng Inputs), Masses	37
36	Section 4 (Zero Rating) - 5th	84-f-General Industrial Machinery And Equipment	Diplomats Diplomatic Manufacturi	and Mission, ng	37

Page 58

	Schedule		(Industrial	Inputs),
			General (Household Products)	Masses
	Section 4		Diplomats	and
	(Zero Rating)		Diplomatic	Mission,	36
37	- 5th	87-c-Motorcycles	General	Masses
	Schedule		(Household Products)
	Section 4		Manufacturing
	(Zero Rating)	19-a-Preparation Of	(Industrial	inputs),	33
38	- 5th	Cereals, Flour, Starch Or	General	Masses
	Schedule	Milk	(Household Products)
	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),	30
39	- 5th Schedule	25-b-Cement Clinker; Cement	General (Household	Masses
			Products)
	Section 4 (Zero Rating)	23-b-Poultry And Animal	Manufacturi (Industrial	ng inputs),	30
40	- 5th	Feed; Meals Of Sunflower S	General	Masses
	Schedule		(Household

Page 59

	Section 4		Products) Manufacturi	ng
	(Zero Rating)	84-b-Agricutural Farm And	(Industrial	inputs),	29
41	- 5th	Garden Machinery And	General	Masses
	Schedule	Equ	(Household Products)
	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),	29
42	- 5th	29-a-Organic Chemicals	General	Masses
	Schedule Section 4		(Household Products)
43	(Zero Rating) - 5th Schedule	84-a-Engines Turbines And Turbines	Manufacturing (Industrial inputs)		27
	Section 4		Manufacturing
	(Zero Rating)	12-b-Oil Seeds, Misc.	(Industrial	inputs),	27
44	- 5th	Grains, Medicinal Plants,	General	Masses
	Schedule	St	(Household Products)
	Section 4	49-a-Printed Books,	Diplomats	and
45	(Zero Rating) - 5th	Newspapers, Pictures, Manuscripts	Diplomatic Mission		24

Page 60

Schedule

	Section 4		Manufacturing
	(Zero Rating)	58-a-Special Woven	(Industrial	inputs),	23
46	- 5th	Fabrics, Tufted Textiles,	General	Masses
	Schedule	Lace	(Household
			Products)
	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),	23
47	- 5th	90-c-Surgical Instruments	General	Masses
	Schedule		(Household
			Products)
	Section 4		Manufacturing
	(Zero Rating)	27dLbiti Oil Ad	(Industrial	inputs),	21
48	- 5th Schedule	--urcang s n Greases	General (Household	Masses
			Products)
	Section 4		Manufacturing
49	(Zero Rating) - 5th Schedule	52-b-Cotton Yarn / Thread	(Industrial General (Household Products)	inputs), Masses	21
50	Section 4 (Zero Rating)	98-22-MAINTENANCE AND REPAIR	Diplomats Diplomatic M	and ission	20

Page 61

- 5th

Schedule

	Section 4		Manufacturing
51	(Zero Rating) - 5th Schedule	90-d-Medical, And Dental Instruments And Supplies	(Industrial General (Household Products)	inputs), Masses	19
	Section 4		Manufacturing
52	(Zero Rating) - 5th Schedule	24-b-Cigarettes, Cigars Etc., Of Tobacco Or Substi	(Industrial General (Household Products)	inputs), Masses	17
	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),	16
		02-a-Meat & Edible Meat
53	- 5th Schedule	Offal	General (Household Products)	Masses
	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),	16
54	- 5th Schedule	57-a-Carpets & Other Textile Floor Coverings	General (Household Products)	Masses
55	Section 4	87-b-Public Transport	Manufacturin	^g

Page 62

	(Zero Rating) - 5th	Vehicles; Motor Vehicles	(Industrial General	inputs), Masses	15
	Schedule Section 4		(Household Products) Manufacturin	g
	(Zero Rating)	85-d-Electric Lighting And	(Industrial	inputs),	15
56	- 5th Schedule Section 4	Wiring Equipment	General (Household Products) Manufacturin	Masses g
	(Zero Rating)		(Industrial	inputs),	15
		40-a-Rubbers & Articles
57	- 5th Schedule	Thereof	General (Household Products)	Masses
	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),	14
		25-a-Salt Sculpture Earth
58	- 5th Schedule	, , & Stone, Lime	General (Household Products)	Masses
	Section 4		Manufacturing
	(Zero Rating)	39-d-Other Articles Of	(Industrial	inputs),	11
59
	- 5th	Plastics Etc	General	Masses
	Schedule		(Household

Page 63

			Products)
	Section 4		Manufacturing
	(Zero Rating)	09-b-Coffee, Coffee	(Industrial	inputs),	10
60	- 5th	Substitutes; Mate, Spices	General	Masses
	Schedule	& Ot	(Household Products)
	Section 4		Manufacturing
61	(Zero Rating) - 5th Schedule	90-a-Search, Detection, Navigation, Aeronautical,	(Industrial General (Household Products)	inputs), Masses	10
	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),	9
62	- 5th Schedule	28-a-Inorganic Chemicals, Organic / Inorganic Comp	General (Household Products)	Masses
	Section 4		Manufacturing
63	(Zero Rating) - 5th Schedule	55-b-Yarn / Thread Of Man-Made Fibers	(Industrial General (Household Products)	inputs), Masses	9
64	Section 4 (Zero Rating)	82-a-Tools, Spoons & Forks Of Base Metal	Manufacturin (Industrial	g inputs),	9

Page 64

	- 5th		General	Masses
	Schedule		(Household Products)
	Section 4		Manufacturing
	(Zero Rating)	41-a-Raw Hides & Skins &	(Industrial	inputs),	8
65	- 5th Schedule	Leather	General (Household Products)	Masses
	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),	7
66	- 5th	07-a-Edible Vegetables	General	Masses
	Schedule		(Household Products)
	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),	7
		73-a-Articles Of Iron Or
67	- 5th Schedule	Steel	General (Household Products)	Masses
	Section 4		Manufacturing
	(Zero Rating)	32-a-Paints, Varnishes,	(Industrial	inputs),	7
68	- 5th	Lacquers, Enamels, And	General	Masses
	Schedule	All	(Household Products)

Page 65

	Section 4		Manufacturing
	(Zero Rating)	85-f-Communications	(Industrial	inputs),	7
69	- 5th Schedule	Equipment	General (Household Products)	Masses
	Section 4		Manufacturing
	(Zero Rating)	63-a-Made-Up Textile	(Industrial	inputs),	6
70	- 5th Schedule	Articles Nesoi, Needlecraft	General (Household Products)	Masses
	Section 4		Manufacturing
	(Zero Rating)	84-i-Miscellaneous	(Industrial	inputs),	6
71	- 5th	Industrial And Commercial	General	Masses
	Schedule	Equip	(Household Products)
	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),	6
		20-b-Fruit And / Or
72	- 5th Schedule	Vegetable Juices	General (Household Products)	Masses
	Section 4	68-a-Articles Of Stone,	Manufacturing
73	(Zero Rating)	Plaster, Cement,	(Industrial	inputs),	5
	- 5th	Asbestos,	General	Masses

Page 66

	Schedule		(Household Products)
	Section 4
74	(Zero Rating)	98-33-LABOUR AND	Diplomats	and	5
	- 5th Schedule	MENPOWER SERVICES	Diplomatic Mission
	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),	5
75	- 5th	10-a-Rice	General	Masses
	Schedule		(Household Products)
	Section 4		Manufacturing
	(Zero Rating)	83--Mill	(Industrial	inputs),	5
76	- 5th Schedule	asceaneous Articles Of Base Metal	General (Household Products)	Masses
	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),	5
77	- 5th	42-a-Articles Of Leather	General	Masses
	Schedule		(Household Products)
78	Section 4 (Zero Rating)	22-c-Aerated Waters	Manufacturin (Industrial	g inputs),	5

Page 67

	- 5th		General	Masses
	Schedule		(Household Products)
	Section 4		Manufacturing
79	(Zero Rating) - 5th Schedule	11-a-Milling Industry Products	(Industrial General (Household Products)	inputs), Masses	4
	Section 4		Manufacturing
	(Zero Rating)	22-a-Natural Water	(Industrial	inputs),	3
80	- 5th	Including Mineral Water;	General	Masses
	Schedule	Ice &	(Household Products)
			Diplomats	and
81	Section 4 (Zero Rating) - 5th Schedule	94-a-Furniture, Bedding, Cushions, Lamps & Lightin	Diplomatic Manufacturin (Industrial General (Household Products)	Mission, g Inputs), Masses	3
	Section 4	08-a-Edible Fruits & Nuts,	Manufacturing
82	(Zero Rating) - 5th	Peel Of Citrus/Melons	(Industrial General	inputs), Masses	3

Page 68

	Schedule		(Household Products)
83	Section 4 (Zero Rating) - 5th Schedule	31-f-OTHER FERTILIZERS	Manufacturi (Industrial Agricultural	ng inputs), Inputs	2
	Section 4		Manufacturing
	(Zero Rating)	59-a-Impregnated,	(Industrial	inputs),	2
84	- 5th	Coated, Covered, Or	General	Masses
	Schedule	Laminated Tea	(Household Products)
	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),	2
85	- 5th	09-a-Tea	General	Masses
	Schedule		(Household
			Products)
	Section 4		Diplomats	and
	(Zero Rating)	34-a-Soaps, Waxes,	Diplomatic	Mission,	2
86	- 5th	Scouring Products,	General	Masses
	Schedule	Candles, Mod	(Household
			Products)
87	Section 4 (Zero Rating)	21-a-Extracts Of Coffee, Tea Etc, Yeasts, Sauces,	Diplomats Diplomatic	and Mission,	2

Page 69

	- 5th		General	Masses
	Schedule		(Household Products)
	Section 4		Manufacturing
88	(Zero Rating) - 5th Schedule	50-a-Silk, Including Yarns & Woven Fabrics Thereof	(Industrial General (Household Products)	inputs), Masses	2
	Section 4		Manufacturing
	(Zero Rating)	35-a-Albuminoidal Sub	(Industrial	inputs),	2
89	- 5th Schedule	, Starches, Glues, Enzymes	General (Household Products)	Masses
	Section 4		Manufacturing
	(Zero Rating)	85-a-Electric Transmission	(Industrial	inputs),	2
90	- 5th Schedule	And Distribution Equipm	General (Household Products)	Masses
	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),	2
91	- 5th	69-a-Ceramic Products	General	Masses
	Schedule		(Household Products)

Page 70

	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),	2
92	- 5th	98-28-TECHNICAL	General	Masses
	Schedule		(Household Products)
	Section 4		Manufacturing
	(Zero Rating)	84-c-Construction Mining	(Industrial	inputs),	2
93	- 5th Schedule	, , And Materials Handling	General (Household Products)	Masses
	Section 4
94	(Zero Rating)	93-a-Arms & Ammunition,	Diplomats	and	2
	- 5th Schedule	Parts & Accessories	Diplomatic Mission
	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),	2
95	- 5th Schedule	85-c-Household Electric Appliances	General (Household	Masses
			Products)
	Section 4		Diplomats	and
	(Zero Rating)	64-a-Footwear, Gaiters, &	Diplomatic	Mission,	2
96	- 5th	The Like	Manufacturing
	Schedule		(Industrial	inputs),

Page 71

	Section 4		General (Household Products) Manufacturin	Masses g
97	(Zero Rating) - 5th Schedule	61-a-Articles Of Apparel & Clothing Accessories-Kn	(Industrial General (Household Products)	inputs), Masses	1
	Section 4		Manufacturing
	(Zero Rating)	14-b-Veetable Plaitin	(Industrial	inputs),	1
98	- 5th Schedule	g g Materials	General (Household Products)	Masses
	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),	1
		76-a-Aluminum & Articles
99	- 5th Schedule	Thereof	General (Household Products)	Masses
	Section 4		Manufacturing
	(Zero Rating)	74-b-Copper Wires &	(Industrial	inputs),	1
100	- 5th Schedule	Cables	General (Household Products)	Masses

Page 72

	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),	1
101	- 5th	70-a-Glass & Glassware	General	Masses
	Schedule		(Household Products)
	Section 4
102	(Zero Rating)	79-a-Zinc & Articles	Manufacturing		1
	- 5th	Thereof	(Industrial inputs)
	Schedule
	Section 4		Manufacturing
	(Zero Rating)	98-25-MEDICAL	(Industrial	inputs),	1
103	- 5th Schedule	LABORATORIES	General (Household Products)	Masses
	Section 4		Manufacturing
104	(Zero Rating) - 5th Schedule	71-a-Pearls, Stones, Precious Metals, Imitation	(Industrial General (Household Products)	inputs), Masses	1
	Section 4		Manufacturing
105	(Zero Rating)	39-c-Plastics Pipe, Pipe	(Industrial	inputs),	1
	- 5th	Fitting, Baths, Washbasin	General	Masses
	Schedule		(Household

Page 73

	Section 4		Products) Manufacturin	g
106	(Zero Rating) - 5th Schedule Section 4	85-b-Electrical Industrial Apparatus	(Industrial General (Household Products) Manufacturin	inputs), Masses g	1
	(Zero Rating)	33-a-Oils & Resinoids,	(Industrial	inputs),	1
107	- 5th	Perfumery, Cosmetic Or	General	Masses
	Schedule	Toil	(Household
	Section 4		Products) Manufacturin	g
	(Zero Rating)	95-a-Toys, Games,	(Industrial	inputs),	-
108	- 5th	Related Equipment, Parts	General	Masses
	Schedule	& Acces	(Household Products)
	Section 4		Manufacturing
109	(Zero Rating) - 5th Schedule	84-d-Metalworking Machinery And Equipment	(Industrial General (Household Products)	inputs), Masses	-
110	Section 4 (Zero Rating)	55-c-Fabric Of Man-Made Fibers	Manufacturin (Industrial	g inputs),	-

Page 74

	- 5th		General	Masses
	Schedule		(Household Products)
	Section 4		Diplomats	and
111	(Zero Rating)	98-09-PRINTING	Diplomatic	Mission, -
	- 5th	SERVICES	Manufacturi	ng
	Schedule		(Industrial inputs)
	Section 4		Manufacturing
	(Zero Rating)	98-36-CLEARING AND	(Industrial	inputs),
112	- 5th	FORWARDING AGENT	General	Masses -
	Schedule	SERVICES	(Household
			Products)
	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),
113	- 5th Schedule	44-a-Wood & Articles Of Wood, Wood Charcoal	General (Household	Masses -
			Products)
	Section 4		Diplomats	and
	(Zero Rating)		Diplomatic	Mission,
114	- 5th	98-20-WORKSHOPS	Manufacturi	ng -
	Schedule		(Industrial inputs)
	Section 4	80-a-Tin & Articles	Manufacturing
115				-
	(Zero Rating)	Thereof	(Industrial	inputs),

Page 75

	- 5th		General	Masses
	Schedule		(Household Products)
	Section 4		Manufacturing
	(Zero Rating)	74-a-Copper & Articles	(Industrial	inputs),
116	- 5th	Thereof Excluding Wires &	General	Masses	-
	Schedule	C	(Household Products)
	Section 4
117	(Zero Rating)	27-f-Petroleum Jelly, Coke	Manufacturing		-
	- 5th Schedule	, Bitumn & Similar Misc	(Industrial inputs)
	Section 4		Manufacturing
118	(Zero Rating) - 5th Schedule	84-h-Refrigeration And Service Industry Machinery	(Industrial General (Household	inputs), Masses	-
			Products)
	Section 4		Manufacturing
119	(Zero Rating) - 5th Schedule	55-a-Man-Made Staple Fibers / Tows	(Industrial General (Household Products)	inputs), Masses	-
120	Section 4	97-a-Works Of Art;	Manufacturin	^g	-

Page 76

	(Zero Rating)	Collectors' Pieces,	(Industrial	inputs),
	- 5th	Antiques	General	Masses
	Schedule		(Household Products)
	Section 4		Manufacturing
	(Zero Rating)	54-a-Man-Made	(Industrial	inputs),
121	- 5th	Filaments, Inc. Yarns &	General	Masses -
	Schedule	Woven Etc.	(Household
			Products)
	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),
122	- 5th	39-e-Foam Product	General	Masses -
	Schedule		(Household Products)
123	Section 4 (Zero Rating) - 5th Schedule	98-02-ADVERTISEMENT	Diplomats Diplomatic M	and ission -
	Section 4		Manufacturing
124	(Zero Rating) - 5th Schedule	23-a-Residues From Food Industries, Oilcake	(Industrial General (Household Products)	inputs), Masses -

Page 77

	Section 4		Diplomats	and
	(Zero Rating)	06-a-Live Trees And Other	Diplomatic	Missions,
125	- 5th Schedule	Plants	General (Household Products)	Masses	-
	Section 4		Manufacturing
	(Zero Rating)	20-a-Preparations Of	(Industrial	inputs),
126	- 5th	Vegetables, Fruits, Nuts,	General	Masses	-
	Schedule	Etc	(Household Products)
127	Section 4 (Zero Rating)	98-08-COURIER	Diplomats	and	-
	- 5th	SERVICES	Diplomatic Missions
	Schedule
	Section 4		Manufacturing
128	(Zero Rating) - 5th Schedule	56-a-Wadding, Felt & Nonwovens, Special Yarns	(Industrial General (Household Products)	inputs), Masses	-
	Section 4		Manufacturing
129	(Zero Rating) - 5th	27-a-Coal , Lignite, Coal Gas, Oils ,Tars And Coal	(Industrial General	inputs), Masses	-
	Schedule		(Household

Page 78

	Section 4		Products) Manufacturin	g
130 131	(Zero Rating) - 5th Schedule Section 4 (Zero Rating) - 5th Schedule Section 4	60-a-Knitted Or Crocheted Fabrics 98-01-HOTELS	(Industrial General (Household Products) Diplomats Diplomatic M Manufacturin	inputs), Masses and issions g	- -
132	(Zero Rating) - 5th Schedule	37-a-Photographic Or Cinematographic Goods	(Industrial General (Household Products)	inputs), Masses	-
	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),
133	- 5th	98-21-HEALTH CLUBS	General	Masses	-
	Schedule		(Household Products)
	Section 4	90-e-Photographic	Manufacturing
134	(Zero Rating)	Cinematographic	(Industrial	inputs),	-
	- 5th	Equipment And Su	General	Masses

Page 79

	Schedule Section 4		(Household Products) Manufacturi	ng
	(Zero Rating)	53-a-Vegetable Textile	(Industrial	inputs),
135	- 5th	Fibers Nesoi, Yarns &	General	Masses -
	Schedule	Woven	(Household
			Products)
	Section 4		Diplomats	and
	(Zero Rating)		Diplomatic	Missions,
136	- 5th	98-24-HOSPITAL	General	Masses -
	Schedule		(Household Products)
	Section 4		Manufacturing
137	(Zero Rating) - 5th Schedule	65-a-Headgear & Other Parts	(Industrial General (Household Products)	inputs), Masses -
	Section 4		Manufacturing
138	(Zero Rating)	98-14-ARCHITECT	(Industrial	inputs), -
	- 5th	TOWN PLANNERS	Diplomats	and
	Schedule		Diplomatic	Missions
	Section 4		Manufacturing
139	(Zero Rating)	95-b-Sports Goods	(Industrial	inputs), -

Page 80

	- 5th Schedule			Diplomats Diplomatic M	and issions
	Section 4			Manufacturing
140	(Zero Rating) - 5th Schedule Section 4	98-27-TELECOM COMPANIES		(Industrial General (Household Products) Manufacturin	inputs), Masses g	-
141	(Zero Rating) -5th Schedule Section 4	81-a-Base Metals Cermets, Articles Etc	Nesoi,	(Industrial General (Household Products) Manufacturin	inputs), Masses g	-
	(Zero Rating)	21-c-Beverage		(Industrial	inputs),
142	- 5th	Concentrate, Other	Misc	General	Masses	-
	Schedule	Edible Prepa		(Household
				Products)
	Section 4			Manufacturing
143	(Zero Rating) - 5th Schedule	98-17-TESTING MEDICAL	NON	(Industrial General (Household Products)	inputs), Masses	-
144	Section 4	31-d-NPK		Manufacturing		-

Page 81

	(Zero Rating) - 5th		(Industrial Diplomats	inputs), and
	Schedule		Diplomatic Missions
	Section 4		Manufacturing
	(Zero Rating)		(Industrial	inputs),
145	- 5th	03-a-Fish & Crustaceans	General	Masses	-
	Schedule		(Household Products)
	Section 4		Manufacturing
	(Zero Rating)	85-e-Household Audio	(Industrial	inputs),
146	- 5th	And Video Equipment, And	General	Masses	-
	Schedule	Audi	(Household
			Products)
	Section 4		Manufacturing
147	(Zero Rating) - 5th Schedule	04-b-Eggs, Honey, & Ed. Products Of Animal Origin	(Industrial General (Household Products)	inputs), Masses	-
	Section 4
148	(Zero Rating) - 5th Schedule	31-b-DAP	General (Agricultural	Masses Inputs)	-
Total					58,258

Page 82

Less adjustment *	(44,587)
Total after adjustment	13,671

* Note-I (adjustment in estimation):

In case of zero-rated items, the adjustment includes leaving out tax expenditure estimation on some items, which if were not zero-rated, the full input tax would have been claimed, such as crude oil, machinery for E&P sector, and material related to exports. The tax expenditure to the extent of these items is thus deducted from the total estimation of Part 1 (zero rated items). Item-wise cost is below:

Sr.	Schedule	Description		Sales Value	Adj. (17%)
		Supplies of	raw materials
		components	and goods for
1	5th Schedule	further ma goods in	nufacture of the Export	2,951	502
		Processing	Zones (Serial
		no. 5)
		Supplies	of locally
		manufacture	d plant and
		machinery	to petroleum
2	5th Schedule	and gas sector Exploration		9,220	1,567
		and	Production
		companies,	their
		contractors	and sub-

Page 83

	contractors, specified by
	the Federal Government, subject to conditions and restrictions (Serial no. 6)
	Supplies made to
3 5th Schedule	exporters under the Duty and Tax Remission Rules, 2001 (Serial no. 7)	220	37
	Petroleum Crude Oil (PCT
4 5th Schedule	heading 2709.0000) (Serial	249,886	42,481
	no. 10)
Total amount to be adjusted			44,587
	Part 2: Exemption on	Imports
		Foreign
Section 13 - 6th Schedule	30-a-Pharmaceutical	Governments (Grant in Aids/Diplomat and
1		Diplomatic Mission ),	65,279
Table-I	Products
(Imports)		General Masses (Hospitals, Food
		Items)
2 Section 13 -	52-a-Cotton, Cotton Waste	Manufacturing	54,410

Page 84

	6th Schedule		(Industrial	inputs),
	Table-I		General	Masses
	(Imports)		(Household Products)
	Section 13 -		Manufacturing
	6th Schedule	15-b-Vegetable Oil, Fats &	(Industrial	inputs),
3	Table-I (Imports)	Waxes Etc	General (Household Products)	Masses	43,265
	Section 13 -		Manufacturing
	6th Schedule	04-a-Milk Cream And	(Industrial	inputs),
4	Table-I		General	Masses	40,436
		Butter Dairy Products
	(Imports)		(Household Products)
	Section 13 -		Manufacturing
	6th Schedule		(Industrial	inputs),
		23-b-Poultry And Animal
5	Table-I (Imports)	Feed; Meals Of Sunflower	General (Household Products)	Masses	28,065
	Section 13 -		Manufacturing
	6th Schedule	38-a-Miscellaneous	(Industrial	inputs),
6					16396
	Table-I	Chemical Products	General	Masses	,
	(Imports)		(Household

Page 85

			Products)
7	Section 13 - 6th Schedule Table-I (Imports)	10-b-Cereals And Grains Other Than Rice	Manufacturin (Industrial General (Household Products)	g inputs), Masses	8,255
	Section 13 -		Manufacturing
	6th Schedule		(Industrial	inputs),
		12-b-Oil Seeds, Misc.
8	Table-I (Imports)	Grains, Medicinal Plants,	General (Household Products)	Masses	7,743
	Section 13 -		Manufacturing
	6th Schedule		(Industrial	inputs),
9	Table-I	07-a-Edible Vegetables	General	Masses	5,638
	(Imports)		(Household Products)
	Section 13 -		Manufacturing
	6th Schedule	85-h-Miscellaneous	(Industrial	inputs),
10	Table-I	Electrical Machinery,	General	Masses	5,212
	(Imports)	Equipment	(Household Products)
11	Section 13 - 6th Schedule	84-g-Computer And Office Equipment	Manufacturin (Industrial	g inputs),	4,946

Page 86

	Table-I (Imports)		General (Household Products)	Masses
	Section 13 -		Manufacturing
	6th Schedule		(Industrial	inputs),
12	Table-I	27-g-Electrical Energy	General	Masses	4,847
	(Imports)		(Household Products)
	Section 13 -		Manufacturing
	6th Schedule	02-a-Meat & Edible Meat	(Industrial	inputs),
13	Table-I (Imports)	Offal	General (Household Products)	Masses	3,830
	Section 13 -		Manufacturing
	6th Schedule	49-a-Printed Books,	(Industrial	inputs),
14	Table-I	Newspapers, Pictures,	General	Masses	3,663
	(Imports)	Manuscripts	(Household
			Products)
	Section 13 -		Manufacturing
	6th Schedule	90-d-Medical, And Dental	(Industrial	inputs),
15	Table-I (Imports)	Instruments And Supplies	General (Household Products)	Masses	3,600

Page 87

	Section 13 -		Manufacturing
	6th Schedule		(Industrial	inputs),
16	Table-I	01-a-Live Animals	General	Masses	3,319
	(Imports)		(Household Products)
	Section 13 -		Manufacturing
	6th Schedule		(Industrial	inputs),
17	Table-I	10-a-Rice	General	Masses	3,268
	(Imports)		(Household Products)
	Section 13 -		Manufacturing
	6th Schedule	85-a-Electric Transmission	(Industrial	inputs),
18	Table-I	Ad Ditibti Ei	General	Masses	2,649
	(Imports)	n sruon qupm	(Household Products)
	Section 13 -		Manufacturing
	6th Schedule	19-a-Preparation Of	(Industrial	inputs),
19	Table-I	Cereals, Flour, Starch Or	General	Masses	2,371
	(Imports)	Milk	(Household Products)
	Section 13 -	90-b-Laboratory	Manufacturing
20	6th Schedule	Apparatus And Analytical,	(Industrial	inputs),	2,113
	Table-I	Optical,	General	Masses

Page 88

	(Imports)		(Household Products)
	Section 13 -		Manufacturing
21	6th Schedule Table-I (Imports)	11-a-Milling Industry Products	(Industrial General (Household Products)	inputs), Masses	1,904
	Section 13 -		Manufacturing
	6th Schedule		(Industrial	inputs),
22	Table-I	90-c-Surgical Instruments	General	Masses	1,503
	(Imports)		(Household Products)
	Section 13 -		Manufacturing
	6th Schedule		(Industrial	inputs),
23	Table-I	29-a-Organic Chemicals	General	Masses	1,349
	(Imports)		(Household
			Products)
	Section 13 -		Manufacturing
	6th Schedule		(Industrial	inputs),
24	Table-I (Imports)	85-d-Electric Lighting And Wiring Equipment	General (Household	Masses	1,149
			Products)
25	Section 13 -	27-e-Petroleum Gases &	Manufacturi	^ng	1,120

Page 89

	6th Schedule	Other Gaseous	(Industrial	inputs),
	Table-I	Hydrocarbons	General	Masses
	(Imports)		(Household Products)
	Section 13 -		Manufacturing
	6th Schedule	08-a-Edible Fruits & Nuts,	(Industrial	inputs),
26	Table-I (Imports)	Peel Of Citrus/Melons	General (Household Products)	Masses	1,030
	Section 13 -		Manufacturing
	6th Schedule	85-c-Household Electric	(Industrial	inputs),
27	Table-I (Imports)	Appliances	General (Household Products)	Masses	906
	Section 13 -		Manufacturing
	6th Schedule	85-g-Electronic	(Industrial	inputs),
28	Table-I	Components And	General	Masses	838
	(Imports)	Accessories	(Household Products)
	Section 13 -		Manufacturing
29	6th Schedule Table-I	03-a-Fish & Crustaceans	(Industrial General	inputs), Masses	836
	(Imports)		(Household

Page 90

30	Section 13 - 6th Schedule Table-I (Imports)	16-a-Edible Preparation Of Meat, Fish, Crustaceans	Products) Manufacturin (Industrial General (Household Products)	g inputs), Masses	830
	Section 13 -		Manufacturing
31	6th Schedule Table-I (Imports)	37-a-Photographic Or Cinematographic Goods	(Industrial General (Household Products)	inputs), Masses	799
	Section 13 -		Manufacturing
	6th Schedule	96-a-Misc. Manufactured	(Industrial	inputs),
32	Table-I (Imports)	Articles brushes, buttons,	General (Household Products)	Masses	769
33	Section 13 - 6th Schedule Table-I (Imports)	36-b-Matches	General (Household Products)	Masses	756
	Section 13 -	04-b-Eggs, Honey, & Ed.	Manufacturing
34	6th Schedule Table-I	Products Of Animal Origin	(Industrial General	inputs), Masses	744

Page 91

	(Imports) Section 13 -		(Household Products) Manufacturi	ng
	6th Schedule	48-b-Articles Of Paper	(Industrial	inputs),
35	Table-I	Pulp Filter Paper,	General	Masses	674
	(Imports) Section 13 -	Wallpaper	(Household Products) Manufacturi	ng
	6th Schedule	23-a-Residues From Food	(Industrial	inputs),
36	Table-I (Imports) Section 13 -	Industries, Oilcake	General (Household Products) Manufacturi	Masses ng	659
	6th Schedule	21-c-Beverage	(Industrial	inputs),
37	Table-I	Concentrate, Other Misc	General	Masses	571
	(Imports)	Edible	(Household Products)
	Section 13 -		Manufacturing
38	6th Schedule Table-I (Imports)	84-a-Engines Turbines And Turbines	(Industrial General (Household Products)	inputs), Masses	570
39	Section 13 -	94-a-Furniture, Bedding,	Manufacturi	^ng	566

Page 92

	6th Schedule	Cushions, Lamps &	(Industrial	inputs),
	Table-I	Lightings	General	Masses
	(Imports)		(Household Products)
	Section 13 -		Manufacturing
	6th Schedule	84-b-Agricutural Farm And	(Industrial	inputs),
40	Table-I	Garden Machinery And	General	Masses	556
	(Imports)	Equ	(Household Products)
	Section 13 -		Manufacturing
	6th Schedule	25-a-Salt, Sculpture, Earth	(Industrial	inputs),
41	Table-I (Imports)	& Stone, Lime	General (Household Products)	Masses	519
	Section 13 -		Manufacturing
42	6th Schedule Table-I (Imports)	09-b-Coffee, Coffee Substitutes; Mate, Spices	(Industrial General (Household Products)	inputs), Masses	513
	Section 13 -		Manufacturing
43	6th Schedule Table-I	17-c-Sugar Confectionary	(Industrial General	inputs), Masses	471
	(Imports)		(Household

Page 93

			Products)
	Section 13 -		Manufacturing
	6th Schedule	20-a-Preparations Of	(Industrial	inputs),
44	Table-I	Vegetables, Fruits, Nuts,	General	Masses	377
	(Imports)	Etc	(Household Products)
	Section 13 -		Manufacturing
45	6th Schedule Table-I (Imports)	28-a-Inorganic Chemicals, Organic / Inorganic Comp	(Industrial General (Household Products)	inputs), Masses	333
	Section 13 -		Manufacturing
46	6th Schedule Table-I (Imports)	14-b-Vegetable Plaiting Materials	(Industrial General (Household Products)	inputs), Masses	304
	Section 13 -		Manufacturing
	6th Schedule		(Industrial	inputs),
47	Table-I	98-04-CONSTRUCTION	General	Masses	298
	(Imports)		(Household Products)
48	Section 13 - 6th Schedule	39-d-Other Articles Of Plastics Etc	Manufacturi (Industrial	ng inputs),	298

Page 94

	Table-I (Imports)		General (Household Products)	Masses
	Section 13 -		Manufacturing
49	6th Schedule Table-I (Imports)	48-a-Paper & Paperboard, Rolls , Sheets	(Industrial General (Household Products)	inputs), Masses	275
	Section 13 -		Manufacturing
	6th Schedule	84-i-Miscellaneous	(Industrial	inputs),
50	Table-I	Industrial And Commercial	General	Masses	244
	(Imports)	Equip	(Household
			Products)
	Section 13 -		Manufacturing
	6th Schedule		(Industrial	inputs),
51	Table-I	17-a-Sugars	General	Masses	220
	(Imports)		(Household Products)
	Section 13 -		Manufacturing
	6th Schedule		(Industrial	inputs),
52	Table-I	52-c-Cotton Fabric	General	Masses	191
	(Imports)		(Household Products)

Page 95

	Section 13 -			Manufacturing
	6th Schedule	22-a-Natural	Water	(Industrial	inputs),
53	Table-I	Including Mineral	Water;	General	Masses	145
	(Imports)	Ice		(Household Products)
	Section 13 -			Manufacturing
54	6th Schedule Table-I (Imports)	71-a-Pearls, Precious Metals, Im	Stones, itation	(Industrial General (Household Products)	inputs), Masses	145
	Section 13 -			Manufacturing
55	6th Schedule Table-I (Imports)	20-b-Fruit And Vegetable Juices	/ Or	(Industrial General (Household Products)	inputs), Masses	136
	Section 13 -			Manufacturing
	6th Schedule	31-f-OTHER		(Industrial	inputs),
56	Table-I (Imports)	FERTILIZERS		General (Household Products)	Masses	128
	Section 13 -	40-a-Rubbers &	Articles	Manufacturing
57	6th Schedule Table-I	Thereof		(Industrial General	inputs), Masses	122

Page 96

	(Imports)		(Household Products)
	Section 13 -		Manufacturing
58	6th Schedule Table-I (Imports)	06-a-Live Trees And Other Plants	(Industrial General (Household Products)	inputs), Masses	110
	Section 13 -		Manufacturing
	6th Schedule	87-d-Other Vehicles /	(Industrial	inputs),
59	Table-I	Carriages / Trailers;	General	Masses	107
	(Imports)	Vehicle	(Household Products)
	Section 13 -		Manufacturing
60	6th Schedule Table-I (Imports)	35-a-Albuminoidal Sub, Starches, Glues, Enzymes	(Industrial General (Household Products)	inputs), Masses	78
	Section 13 -		Manufacturing
	6th Schedule		(Industrial	inputs),
61	Table-I (Imports)	15-a-Animal Oil, Fats & Waxes Etc	General (Household Products)	Masses	76
62	Section 13 -	73-a-Articles Of Iron Or	Manufacturi	^ng	70

Page 97

	6th Schedule	Steel	(Industrial	inputs),
	Table-I		General	Masses
	(Imports)		(Household
			Products)
	Section 13 -		Manufacturing
	6th Schedule		(Industrial	inputs),
63	Table-I	98-23-TRANSPORT	General	Masses	65
	(Imports)		(Household Products)
	Section 13 -		Manufacturing
	6th Schedule		(Industrial	inputs),
64	Table-I	98-02-ADVERTISEMENT	General	Masses	64
	(Imports)		(Household Products)
	Section 13 -		Manufacturing
	6th Schedule		(Industrial	inputs),
		27-d-Lubricating Oils And
65	Table-I (Imports)	Greases	General (Household Products)	Masses	61
	Section 13 -		Manufacturing
66	6th Schedule	39-b-Plastics Packaging	(Industrial	inputs),	58
	Table-I	Materials Incl Boxes, Bags	General	Masses
	(Imports)		(Household

Page 98

			Products)
67	Section 13 - 6th Schedule Table-I (Imports)	32-b-Tanning Or Dyeing Extracts, Dyes, Pigments,	Manufacturi (Industrial General (Household Products)	ng inputs), Masses	56
	Section 13 -		Manufacturing
68	6th Schedule Table-I (Imports)	84-f-General Industrial Machinery And Equipment	(Industrial General (Household Products)	inputs), Masses	55
	Section 13 -		Manufacturing
69	6th Schedule Table-I (Imports)	25-b-Cement Clinker; Cement	(Industrial General (Household Products)	inputs), Masses	54
	Section 13 -		Manufacturing
	6th Schedule	05-a-Products Of Animal	(Industrial	inputs),
70	Table-I (Imports)	Origin Inedible	General (Household Products)	Masses	54
71	Section 13 - 6th Schedule	84-c-Construction, Mining, And Materials Handling	Manufacturi (Industrial	ng inputs),	53

Page 99

	Table-I (Imports)		General (Household Products)	Masses
	Section 13 -		Manufacturing
	6th Schedule	24-a-Tobacco, Raw Or	(Industrial	inputs),
72	Table-I	Processed; Tobacco	General	Masses	53
	(Imports)	Refuse;	(Household Products)
	Section 13 -		Manufacturing
	6th Schedule		(Industrial	inputs),
73	Table-I	52-b-Cotton Yarn / Thread	General	Masses	51
	(Imports)		(Household Products)
	Section 13 -		Manufacturing
74	6th Schedule Table-I (Imports)	21-a-Extracts Of Coffee, Tea Etc, Yeasts, Sauces	(Industrial General (Household Products)	inputs), Masses	51
	Section 13 -		Manufacturing
	6th Schedule	85-f-Communications	(Industrial	inputs),
75	Table-I (Imports)	Equipment	General (Household Products)	Masses	47

Page 100

	Section 13 -		Manufacturing
	6th Schedule	68-a-Articles Of Stone,	(Industrial	inputs),
76	Table-I	Plaster, Cement,	General	Masses	46
	(Imports)	Asbestos,	(Household Products)
	Section 13 -		Manufacturing
	6th Schedule	33-a-Oils & Resinoids,	(Industrial	inputs),
77	Table-I	Perfumery, Cosmetic Or	General	Masses	43
	(Imports)	Toil	(Household Products)
	Section 13 -		Manufacturing
	6th Schedule	85-b-Electrical Industrial	(Industrial	inputs),
78	Table-I (Imports)	Apparatus	General (Household Products)	Masses	42
	Section 13 -		Manufacturing
	6th Schedule	81-a-Base Metals Nesoi	(Industrial	inputs),
79	Table-I (Imports)	, Cermets, Articles Etc	General (Household Products)	Masses	39
	Section 13 -	34-a-Soaps, Waxes,	Manufacturing
80	6th Schedule	Scouring Products,	(Industrial	inputs),	37
	Table-I	Candles,	General	Masses