ECC for amendment in import of customs duty-free cars for disabled persons scheme

By: News Desk      Published: 05:22 PM, 16 Sep, 2020
ECC for amendment in import of customs duty-free cars for disabled persons scheme

Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet in Islamabad at the Cabinet Division Wednesday, 24NewsHD TV channel reported.

ECC allowed the amendment in the import of Customs Duty Free Cars under disabled persons 'scheme. Under the new amendments the income bracket of the person who is importing the vehicle is increased from the current limit of Rs 20,000 to Rs100,000 to Rs100,000 to Rs200,000 per month. A person will be allowed to import the vehicle if he has not imported or purchased locally assembled car during the last 10 years under the scheme provided that he holds NTN Certificate and files annual tax return.

ECC also approved the Incorporation of Pakistan Single Window Company under section 42 of the Companies Act, 2017 with its objectives contained in the Memorandum and Articles of Association. The composition of the Board of its Directors was also approved.

ECC also gave approval for the provision of technical supplementary grant of Rs219.631 million for the reimbursement of the expenditure of National Coordination Committee on COVID-19 for the content financial year. Rs6 billion were approved for the Ministry of Railways as additional grant Rs500 million per month to defray its mandatory liabilities including pay and pensions.

Two technical supplementary grants amounting to Rs160 million and Rs96 million were approved for the Ministry of Federal Education and Professional Training to carry out the ‘Skill for All’ program and for 'Mainstreaming of Religious Education’ and matters related to seminaries respectively. The Publication of Rolling Spectrum Strategy 2020-2023 was also approved by ECC.

A detailed discussion on the issue of wheat import was also held but could not be finalized due to the paucity of time.

Chairman ECC decided that the issue being critical in nature would be further deliberated in a special meeting of the ECC to be held within the current week.