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4. Zero rating.—
Notwithstanding
the provisions of section 3, a supply of the following goods shall be charged to
tax at the rate of zero per cent:--
(a)
goods exported, or the goods specified in the Fifth
Schedule;
- (b)
supply of stores and provisions for consumption aboard a
conveyance proceeding to
a
-
destination outside Pakistan as specified in section 24 of the
Customs Act, 1969 (IV of 1969);
-
- (c) such other goods as the Federal Government may, by
notification in the official Gazette,
-
specify:
-
-
Provided that nothing in this section shall
apply in respect of a supply of goods which --
-
-
(i)
are exported, but have been or are
intended to be re-imported into Pakistan; or
-
-
(ii)
have been entered for export under Section 131 of the Customs Act, 1969
(IV of
-
1969), but are not exported; or
-
-
(iii)
have been exported to a country specified by the Federal Government, by
-
Notification in the official Gazette:
-
-
Provided further that the Federal Government
may, by a notification in the official
- Gazette, restrict the amount of credit
for input tax actually paid and claimed by a person
-
making a zero-rated supply
of goods otherwise chargeable to sales tax.
