CGO is the
abbreviation of Customs General Order. It is issued to notify any
Gazette or Order.
Here, it is
issued to notify “The List of Locally Manufactured Goods”. The
current List of Locally manufactured Goods was notified by the
Central Board of Revenue on October 3, 2003 as “Customs General
Order CGO-10/2003” amending Customs General Order 12 of 2002 dated
June 15, 2002 replacing the list contained as Chapter 11 in of CGO
12 of 2002.
The objective of issuing this list is the promotion of local
manufacturing in the local industry as it is the local manufacturing
which helps to promote the industry and enhance the industrial base.
The list is being followed by all the Collectors of
Customs at clearing points to allow the concessionary clearance of
those goods which are not covered in this list.
Industry, in any country, is considered as the backbone of the
economy and its growth and development is the key to social and
economic progress of the country, as this offers maximum
opportunities in creating large-scale employment, import
substitution, to narrow the trade gap, etc.
To
enhance the industrial base and promote the local manufacturing the
Government from time to time has been providing several concessions
through exemption in Duties & Taxes in the procurement of machinery
and equipment and provides concessions on the import of raw
materials and components besides levying higher Tariff by
discouraging their imports of locally manufactured goods.
The list of locally manufactured goods has been revised/up-dated
from time to time to incorporate the newly developed products.
Initially, this list was drawn up by Central Board of Revenue on the
basis of the information provided by the Ministry of Industries,
which was incorporated in the Table of SRO 562(I)/88 dated June 30,
1988 as an indicative list which was 1st time up-dated/revised in
consultation with the Ministry of Industries as CGO-13 of 1991 dated
November 18, 1991 followed by up-dated version as Customs General
Order No. 9/92 dated 6th August, 1992
In 1992-93 a
sub-committee headed by Chief Economist Planning and Development
Division with the representatives of Ministry of Industries,
National Tariff Commission, Chief Industries Section, Planning and
Development Division, Chairman State Engineering Corporation and
Private Sector was set up to prepare a revised list of locally
manufactured machineries, intermediary goods and raw materials.
Subsequently, after a detailed work and consultation/deliberations a
comprehensive list was issued as Customs General Order No. 17 of
1994 on October 30, 1994.
After the
establishment of Engineering Development Board (EDB), the task of
compilation of the list
was entrusted to EDB on the directions of the Cabinet. EDB, after
detailed consultations with the representatives from Board of
Investment, Central Board of Revenue, National Tariff Commission and
representatives form leading engineering industries in public &
private sector prepared a revised list, 1st time in which
locally produced sugar plants, cements plants, thermal power plants
and hydel power plants were incorporated. The list was issued as
CGO-07 of 1998 on March 24, 1998.
1st
time the deletion programs of various vehicles and their locally
manufactured auto parts were incorporated in the CGO version issued
as CGO-12/2002 dated June 15, 2002.
The
Chronological issuance of list of locally manufactured goods is
given as under:
-
SRO
562(I)/88 dated June 30, 1988 (Initial Indicative List.)
-
CGO-13 of
1991 dated November 18, 1991.
-
Customs
General Order No. 9/92 dated 6th August, 1992.
-
Customs
General Order No. 17 of 1994 dated October 30, 1994.
-
Customs
General Order No. 07 of 1998 dated March 24, 1998.
-
Customs
General Order No. 12 of 2002 dated June 15, 2002 (Chapter 11).
-
Customs
General Order No. 10
of 2003 dated October 10, 2003.
Benefits of CGO :
The
representations received in EDB, during the year, for incorporation
of locally manufactured products are also being processed and after
passing through a laid down criteria and approval from the
Indigenization Committee of EDB the same are forwarded to CBR for
notification.
In
order to revise/update and prepare an authentic detailed document by
providing proper specifications & 8 digit HS Codes and to
incorporate the newly developed products Engineering Development
Board has initiated the process of Revision/Updation of list of the
Locally Manufactured Goods (Existing CGO-10/2003 dated October 10,
2003) by inviting information/data on line on E D B website
http://www.engineeringpaksitan.com/LMS.
All local manufacturers desiring to enlist their products in the
list of locally manufactured goods are invited to provide online
information through our above referred website by filling in the
requested data.
