ZEPHYR TEXTILES LTD., LAHORE versus C.I.R. (LEGAL) R.T.O.
Sections 154, 221 and Seventh Schedule, Part II and III Export Tax Year 2007 Textile knitted textile articles, including knitted garments, were manufactured and exported and 1% tax was levied. It is permissible to raise the tax rate to 1% on the ground that the goods are received on woven fabrics (textile / fabric), which is a textile covered under Part IIH III of the Seventh Schedule of Income. Tax Ordinance, 2001 The taxpayer claims that the exported goods are their own finished goods that are manufactured for use, which will be named after the gray cloth, terry towels and bathrooms. The textile maker's name may be named and it will be taxed 1%. Export Income Tax Requirement 1 1 25% tax was generated by collecting tax. The first appellate authority believes that the taxpayer's goods exported fall into the category of textile against which the tax charge rate of 1% was not correct because manufactured goods that cannot be further processed for value added. Could be categorized. And manufactured products fall into the category of textile articles described in Part III of the Seventh Schedule of Income Tax Ordinance 2001, and the taxable rate of tax at the export stage was 25%. In the bathroom, the category was made of textile and was ready for use where income tax was to be paid on export income as the goods manufactured were export textiles. It was established that the goods exported were made of textile
