Pakistan Market: Sindh Development and Maintenance of Infrastructure Cess – By Topline Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">On July 01, 1994, Government of Sindh levied a cess for maintenance and development of infrastructure on goods.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The cess is levied and collected @ 1.20% to 1.25% on total value of goods (as assessed by the Custom Authorities) of a consignment of goods entering the province from outside the country through Air or Sea and on its movement as per schedule given in side table.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Most of the corporates affected by this levy had approached the Sindh High Court (SHC) and SHC on Jun 02, 2011 provided an interim arrangement whereby 50% of the levy was required to be summitted to respective t...