Common use of IMPORTS AND EXPORTS Clause in Contracts

IMPORTS AND EXPORTS. (a) The Operator, its contractors and subcontractors engaged in Joint Operations under this Agreement shall be permitted to import, export, transfer and dispose the machinery, equipment, materials, specialized vehicles, accessories, spares, chemicals and consumables etc. in accordance with SRO 678(I)/2004 dated 7th August 2004 (Annex-IV), along with applicable CGOs and the provisions of this Agreement. No licence or import-cum-.export authorization fee shall be levied on such imports /exports in accordance with Import Policy Order 2004. (b) The initial list of machinery, equipment, materials, specialized vehicles, accessories, spares, chemicals and consumables etc. required for Joint Operations approved by the relevant Regulatory Authority under Article 13.1(a) above is attached as Annex-V hereto. The Operator shall, however, as provided in the Rules, give preference to goods which are produced or are available in Pakistan and services which are rendered by Pakistani nationals and companies provided such goods and services are offered on competitive terms. National firms which appear capable of supplying goods and services of the type demanded shall always be included in invitations to bid. For classification of items imported by the Operator, its contractors or subcontractors, the harmonized system of classification will be followed. (c) Foreign employees and consultants of the Operator and its contractors and subcontractors will be entitled to import/export used and bona fide personal and household effects, excluding passenger vehicles, in accordance with instructions contained in Central Board of Revenue’s (Now Federal Board of Revenue’s) letter C. No. 10 (14) /93-ICM&CON dated 13th June, 1994 (Annex-VI). 13.2 The Operator, its contractors or their subcontractors shall be entitled to export such of their items as have been imported into Pakistan and are not required for the Joint Operations without restriction and without the payment of any fee, tax or export duty. Drawbacks if admissible will be available as per relevant rules. The Operator shall ensure that equipments/material imported by it, its contractors or subcontractors under this Article against its import-cum-export authorization are exported if all the Joint Operations under this Agreement are terminated unless otherwise permitted in accordance with this Agreement. (a) Permission shall not be necessary with respect to the transfer of title to any property made pursuant to or incidental to any assignment by the Working Interest Owners of all or any part of its Working Interest under the provision of Article 7 of this Agreement. (b) The Operator, and its contractors and their subcontractors shall maintain proper accounts, statements and records of all consumable stores received and expended and send copies thereof (in duplicate) to the customs authorities concerned by the 15th of January each year and finally within fifteen (15) Days of the closing of operations in Pakistan. (i) Commissary stores can be imported after the first arrival of an expatriate employee of the Operator, its contractors and their subcontractors in accordance with instructions contained in the Central Board of Revenue's (Now FBR) letter X.Xx. 10(14)/93- ICM&CON dated 13th June, 1994 (Annex-VI). Such imports shall be confined to the items shown in Annex-IX excepting such items as are locally available of proper standard. Such items shall be specified annually by the Ministry of Commerce. (ii) As soon as an expatriate employee arrives in Pakistan, an application will be made for grant of authorization for the commissary stores required for him indicating the duration of his proposed stay in Pakistan. (iii) Account for the sale of tobacco and liquor (if imported) and medicines will be maintained for each individual while those of the other items will be maintained on an over-all basis. (iv) Items of food and other commissary goods will be stamped clearly to avoid resale in the Pakistani market. (v) FBR booklets will be maintained by individuals. (c) Import of any other items such as arms, ammunition etc., and pets will not be permitted unless the conditions for their import such as arms licences from district authorities, quarantine requirements etc., are complied with. 13.4 Subject to the rights granted under the provisions of this Agreement and particularly those granted under this Article 13, any items which are banned for import into Pakistan under the Import/ Trade Policy in force from time to time shall not be permitted without specific permission to be obtained before shipment of goods from abroad. 13.5 The Operator and its contractors and subcontractors shall not be liable to pay any tax, assessment, levy, octroi or charge imposed or levied on the transportation or movement of the scheduled machinery and equipment to and from the Area or on any item imported under this Article 13. 13.6 Imports/Exports except as provided in this Article 13 shall be affected in accordance with the Import/Export Trade Policy in force on the Effective Date. 13.7 Contracts for at least ten percent (10%) of the computer software requested shall be awarded by the Operator to local companies to use the local software capabilities, subject to such software capabilities being available at competitive prices.

Appears in 3 contracts

Samples: Petroleum Concession Agreement, Petroleum Concession Agreement, Petroleum Concession Agreement

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IMPORTS AND EXPORTS. (a) The OperatorOperator (Petroleum Exploration & Production Company), its contractors and subcontractors engaged in Joint Operations under this Agreement shall be permitted to import, export, transfer and dispose the machinery, equipment, materials, specialized vehicles, accessories, spares, chemicals and consumables etc. in accordance with SRO 678(I)/2004 678 (I)/2004 dated 7th August 2004 (Annex-IV), along with applicable CGOs and the provisions of this Agreement. No licence or import-cum-.export authorization fee shall be levied on such imports /exports in accordance with Import Policy Order 2004. (b) The initial list of machinery, equipment, materials, specialized vehicles, accessories, spares, chemicals and consumables etc. required for Joint Operations approved by the relevant Regulatory Authority under Article 13.1(a13.1 (a) above is attached as Annex-V hereto. The Operator shall, however, as provided in the Rules, give preference to goods which are produced or are available in Pakistan and services which are rendered by Pakistani nationals and companies provided such goods and services are offered on competitive terms. National firms which appear capable of supplying goods and services of the type demanded shall always be included in invitations to bid. For classification of items imported by the Operator, its contractors or subcontractors, the harmonized system of classification will be followed. (c) Foreign employees and consultants of the Operator and its contractors and subcontractors will be entitled to import/export used and bona fide bonafide personal and household effects, excluding passenger vehicles, in accordance with instructions contained in Central Board of Revenue’s (Now Federal Board of Revenue’s) letter C. No. 10 (14) /93-ICM&CON dated 13th June, 1994 (Annex-VI). 13.2 The Operator, its contractors or their subcontractors shall be entitled to export such of their items as have been imported into Pakistan and are not required for the Joint Operations without restriction and without the payment of any fee, tax or export duty. Drawbacks if admissible will be available as per relevant rules. The Operator shall ensure that equipments/material imported by it, its contractors or subcontractors under this Article against its import-cum-export authorization are exported if all the Joint Operations under this Agreement are terminated unless otherwise permitted in accordance with this Agreement. (a13.3 The permission required under this Article 13.3(a) Permission shall not be necessary with respect to the transfer of title to any property made pursuant to or incidental to any assignment by the Working Interest Owners of all or any part of its Working Interest under the provision of Article 7 of this Agreement. (ba) The Operator, and its contractors and their subcontractors shall maintain proper accounts, statements and records of all consumable stores received and expended and send copies thereof (in duplicate) to the customs authorities concerned by the 15th of January each year and finally within fifteen (15) Days of the closing of operations in Pakistan. (b) (i) Commissary stores can be imported after the first arrival of an expatriate employee of the Operator, its contractors and their subcontractors in accordance with instructions contained in the Central Board of Revenue's (Now FBR) letter X.Xx. 10(14)/93- ICM&CON dated 13th June, 1994 (Annex-VI). Such imports shall be confined to the items shown in Annex-IX excepting such items as are locally available of proper standard. Such items shall be specified annually by the Ministry of Commerce. (ii) As soon as an expatriate employee arrives in Pakistan, an application will be made for grant of authorization for the commissary stores required for him indicating the duration of his proposed stay in Pakistan. (iii) Account for the sale of tobacco and liquor (if imported) and medicines will be maintained for each individual while those of the other items will be maintained on an over-all basis. (iv) Items of food and other commissary goods will be stamped clearly to avoid resale in the Pakistani market. (v) FBR booklets will be maintained by individuals. (c) Import of any other items such as arms, ammunition etc., and pets will not be permitted unless the conditions for their import such as arms licences from district authorities, quarantine requirements etc., are complied with. 13.4 Subject to the rights granted under the provisions of this Agreement and particularly those granted under this Article 13, any items which are banned for import into Pakistan under the Import/ Trade Policy in force from time to time shall not be permitted without specific permission to be obtained before shipment of goods from abroad. 13.5 The Operator and its contractors and subcontractors shall not be liable to pay any tax, assessment, levy, octroi or charge imposed or levied on the transportation or movement of the scheduled machinery and equipment to and from the Area or on any item imported under this Article 13. 13.6 Imports/Exports except as provided in this Article 13 shall be affected in accordance with the Import/Export Trade Policy in force on the Effective Date. 13.7 Contracts for at least ten percent (10%) of the computer software requested shall be awarded by the Operator to local companies to use the local software capabilities, subject to such software capabilities being available at competitive prices.

Appears in 2 contracts

Samples: Petroleum Concession Agreement, Petroleum Concession Agreement

IMPORTS AND EXPORTS. (a) The OperatorOperator (Petroleum Exploration & Production Company), its contractors and subcontractors engaged in Joint Operations under this Agreement shall be permitted to import, export, transfer and dispose the machinery, equipment, materials, specialized vehicles, accessories, spares, chemicals and consumables etc. in accordance with SRO 678(I)/2004 678 (I)/2004 dated 7th August 2004 (Annex-Annexure IV), ) along with applicable CGOs and the provisions of this Agreement. No licence or import-cum-.export cum- .export authorization fee shall be levied on such imports /exports in accordance with Import Policy Order 2004. (b) The initial list of machinery, equipment, materials, specialized vehicles, accessories, spares, chemicals and consumables etc. required for Joint Operations approved by the relevant Regulatory Authority under Article 13.1(a13.1 (a) above is attached as Annex-V VII hereto. The Operator shall, however, as provided in Rule 59 of the Rules, give preference to goods which are produced or are available in Pakistan and services which are rendered by Pakistani nationals and companies provided such goods and services are offered on competitive terms. National firms which appear capable of supplying goods and services of the type demanded shall always be included in invitations to bid. For classification of items imported by the Operator, its contractors or subcontractors, the harmonized system of classification will be followed. (c) Foreign employees and consultants of the Operator and its contractors and subcontractors will be entitled to import/export used and bona fide bonafide personal and household effects, excluding passenger vehicles, in accordance with instructions contained in Central Board of Revenue’s (Now Federal Board of Revenue’s) letter C. NoX.Xx. 10 (14) /93-ICM&CON dated 13th June, 1994 (Annex-VI). 13.2 The Operator, its contractors or their subcontractors shall be entitled to export such of their items as have been imported into Pakistan and are not required for the Joint Operations without restriction and without the payment of any fee, tax or export duty. Drawbacks if admissible will be available as per relevant rules. The Operator shall ensure that equipments/material imported by it, its contractors or subcontractors under this Article against its import-cum-export authorization are exported if all the Joint Operations under this Agreement are terminated unless otherwise permitted in accordance with this Agreement. 13.3 Import of items permitted under this Article-XIII shall be allowed subject to the following conditions: (a) Permission A condition shall be stamped on the import authorizations that the imported items shall not be sold in Pakistan except with prior permission of the Government. The permission required under this Article 13.3(a) shall not be necessary with respect to the transfer of title to any property made pursuant to or incidental to any assignment by the Working Interest Owners of all or any part of its Working Interest under the provision of Article 7 VII of this Agreement. (b) The Operator, and its contractors and their subcontractors shall maintain proper accounts, statements and records of all consumable stores received and expended and send copies thereof (in duplicate) to the customs authorities concerned by the 15th of January each year and finally within fifteen (15) Days of the closing of operations in Pakistan. (c) (i) Commissary stores can be imported after the first arrival of an expatriate employee of the Operator, its contractors and their subcontractors in accordance with instructions contained in the Central Board of Revenue's (Now FBR) letter X.Xx. 10(14)/93- 10(14)/93-ICM&CON dated 13th June, 1994 (Annex-VI). Such imports shall be confined to the items shown in Annex-IX excepting such items as are locally available of proper standard. Such items shall be specified annually by the Ministry of Commerce. (ii) As soon as an expatriate employee arrives in Pakistan, an application will be made for grant of authorization for the commissary stores required for him indicating the duration of his proposed stay in Pakistan. (iii) Account for the sale of tobacco and liquor (if imported) and medicines will be maintained for each individual while those of the other items will be maintained on an over-all basis. (iv) Items of food and other commissary goods will be stamped clearly to avoid resale in the Pakistani market. (v) FBR booklets will be maintained by individuals. (c) Import of any other items such as arms, ammunition etc., and pets will not be permitted unless the conditions for their import such as arms licences from district authorities, quarantine requirements etc., are complied with. 13.4 Subject to the rights granted under the provisions of this Agreement and particularly those granted under this Article 13, any items which are banned for import into Pakistan under the Import/ Trade Policy in force from time to time shall not be permitted without specific permission to be obtained before shipment of goods from abroad. 13.5 The Operator and its contractors and subcontractors shall not be liable to pay any tax, assessment, levy, octroi or charge imposed or levied on the transportation or movement of the scheduled machinery and equipment to and from the Area or on any item imported under this Article 13. 13.6 Imports/Exports except as provided in this Article 13 shall be affected in accordance with the Import/Export Trade Policy in force on the Effective Date. 13.7 Contracts for at least ten percent (10%) of the computer software requested shall be awarded by the Operator to local companies to use the local software capabilities, subject to such software capabilities being available at competitive prices.

Appears in 1 contract

Samples: Petroleum Concession Agreement

IMPORTS AND EXPORTS. (a) The OperatorOperator (Petroleum Exploration & Production Company), its contractors and subcontractors engaged in Joint Operations under this Agreement shall be permitted to import, export, transfer and dispose the machinery, equipment, materials, specialized vehicles, accessories, spares, chemicals and consumables etc. in accordance with SRO 678(I)/2004 678 (I)/2004 dated 7th August 2004 (Annex-IV), ) as amended by SRO 571(I)/2005 dated 6th June 2005 (ANNEXURE-V) along with applicable CGOs and the provisions of this Agreement. No licence or import-cum-.export authorization fee shall be levied on such imports /exports in accordance with Import Policy Order 2004. (b) The initial list of machinery, equipment, materials, specialized vehicles, accessories, spares, chemicals and consumables etc. required for Joint Operations approved by the relevant Regulatory Authority under Article 13.1(a13.1 (a) above is attached as Annex-V hereto. The Operator shall, however, as provided in Rule 59 of the Rules, give preference to goods which are produced or are available in Pakistan and services which are rendered by Pakistani nationals and companies provided such goods and services are offered on competitive terms. National firms which appear capable of supplying goods and services of the type demanded shall always be included in invitations to bid. For classification of items imported by the Operator, its contractors or subcontractors, the harmonized system of classification will be followed. (c) Foreign employees and consultants of the Operator and its contractors and subcontractors will be entitled to import/export used and bona fide bonafide personal and household effects, excluding passenger vehicles, in accordance with instructions contained in Central Board of Revenue’s (Now Federal Board of Revenue’s) letter C. NoX.Xx. 10 (14) /93-ICM&CON dated 13th June, 1994 (Annex-VI). 13.2 The Operator, its contractors or their subcontractors shall be entitled to export such of their items as have been imported into Pakistan and are not required for the Joint Operations without restriction and without the payment of any fee, tax or export duty. Drawbacks if admissible will be available as per relevant rules. The Operator shall ensure that equipments/material imported by it, its contractors or subcontractors under this Article against its import-cum-export authorization are exported if all the Joint Operations under this Agreement are terminated unless otherwise permitted in accordance with this Agreement. 13.3 Import of items permitted under this Article-XIII shall be allowed subject to the following conditions: (a) Permission A condition shall be stamped on the import authorizations that the imported items shall not be sold in Pakistan except with prior permission of the Government. The permission required under this Article 13.3(a) shall not be necessary with respect to the transfer of title to any property made pursuant to or incidental to any assignment by the Working Interest Owners of all or any part of its Working Interest under the provision of Article 7 VII of this Agreement. (b) The Operator, and its contractors and their subcontractors shall maintain proper accounts, statements and records of all consumable stores received and expended and send copies thereof (in duplicate) to the customs authorities concerned by the 15th of January each year and finally within fifteen (15) Days of the closing of operations in Pakistan. (c) (i) Commissary stores can be imported after the first arrival of an expatriate employee of the Operator, its contractors and their subcontractors in accordance with instructions contained in the Central Board of Revenue's (Now FBR) letter X.Xx. 10(14)/93- 10(14)/93-ICM&CON dated 13th June, 1994 (Annex-VI). Such imports shall be confined to the items shown in Annex-IX excepting such items as are locally available of proper standard. Such items shall be specified annually by the Ministry of Commerce. (ii) As soon as an expatriate employee arrives in Pakistan, an application will be made for grant of authorization for the commissary stores required for him indicating the duration of his proposed stay in Pakistan. (iii) Account for the sale of tobacco and liquor (if imported) and medicines will be maintained for each individual while those of the other items will be maintained on an over-all basis. (iv) Items of food and other commissary goods will be stamped clearly to avoid resale in the Pakistani market. (v) FBR booklets will be maintained by individuals. (c) Import of any other items such as arms, ammunition etc., and pets will not be permitted unless the conditions for their import such as arms licences from district authorities, quarantine requirements etc., are complied with. 13.4 Subject to the rights granted under the provisions of this Agreement and particularly those granted under this Article 13, any items which are banned for import into Pakistan under the Import/ Trade Policy in force from time to time shall not be permitted without specific permission to be obtained before shipment of goods from abroad. 13.5 The Operator and its contractors and subcontractors shall not be liable to pay any tax, assessment, levy, octroi or charge imposed or levied on the transportation or movement of the scheduled machinery and equipment to and from the Area or on any item imported under this Article 13. 13.6 Imports/Exports except as provided in this Article 13 shall be affected in accordance with the Import/Export Trade Policy in force on the Effective Date. 13.7 Contracts for at least ten percent (10%) of the computer software requested shall be awarded by the Operator to local companies to use the local software capabilities, subject to such software capabilities being available at competitive prices.

Appears in 1 contract

Samples: Petroleum Concession Agreement

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IMPORTS AND EXPORTS. (a) The OperatorOperator (Petroleum Exploration & Production Company), its contractors and subcontractors engaged in Joint Operations under this Agreement shall be permitted to import, export, transfer and dispose the machinery, equipment, materials, specialized vehicles, accessories, spares, chemicals and consumables etc. in accordance with SRO 678(I)/2004 367 (I) / 94 dated 7th August 2004 9th May, 1994 (Annex-IV)) as amended by SRO 360(I)/2002 dated 15th June, along 2002 (Annex-IV-A) read with applicable CGOs SRO 749 (I) / 98 (Annex-V) and SRO 750 (I) / 98 both dated 29.6.1998 (Annex-V-A) and SRO 984 (I) / 99 dated 30th August, 1999 (Annex-V-B) provisions of CGO-7/98 dated 23.3.1998 and the provisions of this Agreement. No licence or import-cum-.export authorization fee shall be levied on such imports /exports in accordance with Import Policy Order 2004Fee Order, 1993 as amended by SRO 336 (I) / 94 dated 26th April 1994 (Annex-VI). (b) The initial list of machinery, equipment, materials, specialized vehicles, accessories, spares, chemicals and consumables etc. required for Joint Operations approved by the relevant Regulatory Authority under Article 13.1(a13.1 (a) above is attached as Annex-V VII hereto. The Operator shall, however, as provided in Rule 59 of the Rules, give preference to goods which are produced or are available in Pakistan and services which are rendered by Pakistani nationals and companies provided such goods and services are offered on competitive terms. National firms which appear capable of supplying goods and services of the type demanded shall always be included in invitations to bid. For classification of items imported by the Operator, its contractors or subcontractors, the harmonized system of classification will be followed. (c) Foreign employees and consultants of the Operator and its contractors and subcontractors will be entitled to import/export used and bona fide bonafide personal and household effects, excluding passenger vehicles, in accordance with instructions contained in Central Board of Revenue’s (Now Federal Board of Revenue’s) letter C. NoX.Xx. 10 (14) /93-ICM&CON dated 13th June, 1994 (Annex-VIVIII). 13.2 The Operator, its contractors or their subcontractors shall be entitled to export such of their items as have been imported into Pakistan and are not required for the Joint Operations without restriction and without the payment of any fee, tax or export duty. Drawbacks if admissible will be available as per relevant rules. The Operator shall ensure that equipments/material imported by it, its contractors or subcontractors under this Article against its import-cum-export authorization are exported if all the Joint Operations under this Agreement are terminated unless otherwise permitted in accordance with this Agreement. 13.3 Import of items permitted under this Article-XIII shall be allowed subject to the following conditions: (a) Permission A condition shall be stamped on the import authorizations that the imported items shall not be sold in Pakistan except with prior permission of the Government. The permission required under this Article 13.3(a) shall not be necessary with respect to the transfer of title to any property made pursuant to or incidental to any assignment by the Working Interest Owners of all or any part of its Working Interest under the provision of Article 7 VII of this Agreement. (b) The Operator, and its contractors and their subcontractors shall maintain proper accounts, statements and records of all consumable stores received and expended and send copies thereof (in duplicate) to the customs authorities concerned by the 15th of January each year and finally within fifteen (15) Days of the closing of operations in Pakistan. (c) (i) Commissary stores can be imported after the first arrival of an expatriate employee of the Operator, its contractors and their subcontractors in accordance with instructions contained in the Central Board of Revenue's (Now FBR) letter X.Xx. 10(14)/93- 10(14)/93-ICM&CON dated 13th June, 1994 (Annex-VIVIII). Such imports shall be confined to the items shown in Annex-IX excepting such items as are locally available of proper standard. Such items shall be specified annually by the Ministry of Commerce. (ii) As soon as an expatriate employee arrives in Pakistan, an application will be made for grant of authorization for the commissary stores required for him indicating the duration of his proposed stay in Pakistan. (iii) Account for the sale of tobacco and liquor (if imported) and medicines will be maintained for each individual while those of the other items will be maintained on an over-all basis. (iv) Items of food and other commissary goods will be stamped clearly to avoid resale in the Pakistani market. (v) FBR booklets will be maintained by individuals. (c) Import of any other items such as arms, ammunition etc., and pets will not be permitted unless the conditions for their import such as arms licences from district authorities, quarantine requirements etc., are complied with. 13.4 Subject to the rights granted under the provisions of this Agreement and particularly those granted under this Article 13, any items which are banned for import into Pakistan under the Import/ Trade Policy in force from time to time shall not be permitted without specific permission to be obtained before shipment of goods from abroad. 13.5 The Operator and its contractors and subcontractors shall not be liable to pay any tax, assessment, levy, octroi or charge imposed or levied on the transportation or movement of the scheduled machinery and equipment to and from the Area or on any item imported under this Article 13. 13.6 Imports/Exports except as provided in this Article 13 shall be affected in accordance with the Import/Export Trade Policy in force on the Effective Date. 13.7 Contracts for at least ten percent (10%) of the computer software requested shall be awarded by the Operator to local companies to use the local software capabilities, subject to such software capabilities being available at competitive prices.

Appears in 1 contract

Samples: Petroleum Concession Agreement

IMPORTS AND EXPORTS. (a) The OperatorOperator (Petroleum Exploration & Production Company), its contractors and subcontractors engaged in Joint Operations under this Agreement shall be permitted to import, export, transfer and dispose the machinery, equipment, materials, specialized vehicles, accessories, spares, chemicals and consumables etc. in accordance with SRO 678(I)/2004 678 (I)/2004 dated 7th August 2004 (Annex-IV), along with applicable CGOs and the provisions of this Agreement. No licence or import-cum-.export authorization fee shall be levied on such imports /exports in accordance with Import Policy Order 2004. (b) The initial list of machinery, equipment, materials, specialized vehicles, accessories, spares, chemicals and consumables etc. required for Joint Operations approved by the relevant Regulatory Authority under Article 13.1(a13.1 (a) above is attached as Annex-V VI hereto. The Operator shall, however, as provided in Rule 59 of the Rules, give preference to goods which are produced or are available in Pakistan and services which are rendered by Pakistani nationals and companies provided such goods and services are offered on competitive terms. National firms which appear capable of supplying goods and services of the type demanded shall always be included in invitations to bid. For classification of items imported by the Operator, its contractors or subcontractors, the harmonized system of classification will be followed. (c) Foreign employees and consultants of the Operator and its contractors and subcontractors will be entitled to import/export used and bona fide personal and household effects, excluding passenger vehicles, in accordance with instructions contained in Central Board of Revenue’s (Now Federal Board of Revenue’s) letter C. NoX.Xx. 10 (14) /93-ICM&CON dated 13th June, 1994 (Annex-VI). 13.2 The Operator, its contractors or their subcontractors shall be entitled to export such of their items as have been imported into Pakistan and are not required for the Joint Operations without restriction and without the payment of any fee, tax or export duty. Drawbacks if admissible will be available as per relevant rules. The Operator shall ensure that equipments/material imported by it, its contractors or subcontractors under this Article against its import-cum-export authorization are exported if all the Joint Operations under this Agreement are terminated unless otherwise permitted in accordance with this Agreement. 13.3 Import of items permitted under this Article-XIII shall be allowed subject to the following conditions: (a) Permission The imported items shall not be sold in Pakistan except with prior permission of the Government. The permission required under this Article 13.3(a) shall not be necessary with respect to the transfer of title to any property made pursuant to or incidental to any assignment by the Working Interest Owners Owner(s) of all or any part of its Working Interest under the provision of Article 7 VII of this Agreement. (b) The Operator, and its contractors and their subcontractors shall maintain proper accounts, statements and records of all consumable stores received and expended and send copies thereof (in duplicate) to the customs authorities concerned by the 15th of January each year and finally within fifteen (15) Days of the closing of operations in Pakistan. (c) (i) Commissary stores can be imported after the first arrival of an expatriate employee of the Operator, its contractors and their subcontractors in accordance with instructions contained in the Central Board of Revenue's (Now FBR) letter X.Xx. 10(14)/93- 10(14)/93-ICM&CON dated 13th June, 1994 (Annex-VI). Such imports shall be confined to the items shown in Annex-IX VII excepting such items as are locally available of proper standard. Such items shall be specified annually by the Ministry of Commerce. (ii) As soon as an expatriate employee arrives in Pakistan, an application will be made for grant of authorization for the commissary stores required for him indicating the duration of his proposed stay in Pakistan. (iii) Account for the sale of tobacco and liquor (if imported) and medicines will be maintained for each individual while those of the other items will be maintained on an over-all basis. (iv) Items of food and other commissary goods will be stamped clearly to avoid resale in the Pakistani market. (v) FBR booklets will be maintained by individuals. (c) Import of any other items such as arms, ammunition etc., and pets will not be permitted unless the conditions for their import such as arms licences from district authorities, quarantine requirements etc., are complied with. 13.4 Subject to the rights granted under the provisions of this Agreement and particularly those granted under this Article 13, any items which are banned for import into Pakistan under the Import/ Trade Policy in force from time to time shall not be permitted without specific permission to be obtained before shipment of goods from abroad. 13.5 The Operator and its contractors and subcontractors shall not be liable to pay any tax, assessment, levy, octroi or charge imposed or levied on the transportation or movement of the scheduled machinery and equipment to and from the Area or on any item imported under this Article 13. 13.6 Imports/Exports except as provided in this Article 13 shall be affected in accordance with the Import/Export Trade Policy in force on the Effective Date. 13.7 Contracts for at least ten percent (10%) of the computer software requested shall be awarded by the Operator to local companies to use the local software capabilities, subject to such software capabilities being available at competitive prices.

Appears in 1 contract

Samples: Petroleum Concession Agreement

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