Sections 2 (16A) (23), 3, 16 (1) and Schedule II, Entry No. 8 State Bank of Pakistan Circular Letter No. 21 / APP 1 (96) Multiple 2000 Directive 28 7 2000 State Bank of Pakistan Foreign Exchange Circular No. 40 11 29 11 2000 The Bank's ability to pay excise duty on such services in connection with the fast cash home remittances received in Pakistan from abroad, its The bank did not receive anything from the dispatchers for such remittances, but received the money from the State Bank's Circular Letter No. 21 / EPP1 (96) Polly 2000. In pursuance of the verse, the date 28, read with the Foreign Exchange Circular Letter No. 40 on the 28th 2000, the amount received from the State Bank on 29th 29 11 2000 can be divided between the bank and the. According to the agreement between the foreign inventor of remittances, the State Bank's scheme was to encourage remittances through public banking channels to increase foreign exchange reserves, thus, such remittances. The payment of interest expense cannot be counted by the State Bank for purposes of registration 8 of the Schedule 8 of the Federal Schedule Act, 2005, in which case the excise duty will not be liable in respect of such services. ?
Related judgments — Karachi High Court Sindh, 2014
