Daily Archives: January 5, 2018

Sales tax, customs duty withdrawn on cotton import

pak_customs1

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Friday approved withdrawal of sales tax and customs duty on import of cotton.

Up to 21 percent customs valuation reduced for skimmed milk

pak_customs1

KARACHI: Pakistan Customs has reduced the customs values up to 20 percent on import of skimmed milk powder for determination duty and taxes at clearance stage.

FBR withdraws regulatory duty on various imported items used for manufacturing

pak_customs1

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday excluded many items from regulatory duty regime, which reduce the cost of manufacturing for confectionery, value added chicken, vendors of automotive OEM sectors etc.

FBR reduces regulatory duty on various imported raw materials

pak_customs1

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday issued list of items on which regulatory duty has been reduced on import of various raw material by manufacturers.