ISLAMABAD: Federal Board of Revenue (FBR) on Monday granted sales tax exemption on import of oxygen gas and cylinders (for oxygen gas) for a period of three months. The FBR issued SRO 649(I)/2020 dated August 03, 2020 to exempt the sales tax from June 23, 2020 on import of the following: oxygen gas under PCT 2804.4000; cylinders (for oxygen gas) under PCT 7311.0090; and cryogenic tanks (for oxygen gas) under PCT 7311.0030 The FBR said that the said exemption shall apply in respect of the letters of credit opened or goods declaration forms filed on or after June 23, 2020. TLTP
