18/8/2005
Income Tax Worksheets With Formulas/Calculations ITA(Software) ITA Sevice
 
Income Tax Worksheets With Formulas/Calculations ITA(Software) ITA Sevice
 
 
 
  Customs
  Federal Excise
  Sales Tax
  Others
 
Procedures and documentation  
Q.1.What are necessary documents filed at the time of import.


Ans. The clearance of imported goods is made on filing a Bill Of Entry. A bill of entry can be filed for home consumption or into-bond or ex-bond. Documents required in each case are mentioned in the form.

Q.2. Is there any scheme in which I can bring in goods for exhibition in Pakistan and later take them out after the exhibition?

Ans. Yes SRO 552(I)98 deals with this subject.

Q.3. Is there some difference in information of B/E and invoice, can I get them amended after filing the bill of entry?

Ans. Bill of Entry is the document on which the importer files his declaration with Customs. Invoice is issued by the foreign supplier to a Pakistani importer. The Bill of entry can be amended as provided in section 79 read with section 29 of the Customs Act, 1969.


 
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