ISLAMABAD - In a bid to provide relief to business community, Federal Board of Revenue (FBR) decided on Tuesday to further extend warehousing period and waive off the penal surcharge on overstayed goods, lying un-cleared in the Customs Bonded warehouses up to 30th June 2012. This measure will facilitate trade and industry and commercial importers who have not been able to clear their goods up to 15th June, 2012 on payment of duty and taxes. This facility is also available for ex-bonded clearances made during the period from 21.05.2012 to 30.06.2012. The decision was taken by making necessary amendment vide SRO-751(I)/2012 dated 18.06.2012 in its earlier notification SRO-522(I)/2012 dated 21.05.2012. Meanwhile, in another development, Federal Board of Revenue has extended date for filing of Sales Tax/ Federal Excise Return and payment of Taxes/ Duty thereon up to 25th June, 2012, for tax period May, 2012, for all registered persons. The decision has been taken by the FBR in exercise of the powers conferred under section 74 of the Sales Tax Act, 1990 and section 43 of the Federal Excise Act, 2005.