Category Archives: Customs

Country spends $333.7 million on import of mobile phones, telecom apparatus in July-Sept

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KARACHI: The country has spent foreign exchange worth $333.7 million on import of mobile phones and other telecom apparatus in first three months of current fiscal year, according to data released by Pakistan Bureau of Statistics (PBS) on Saturday.

Import of CBU vehicles surges by 44.57pc in first quarter of FY18

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KARACHI: Import of completely built up (CBU) vehicles has surged by 44.57 percent in first quarter of current fiscal year due to high demand in the local market.

Parliament approval must for imposing regulatory duty

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LAHORE: The All Pakistan Business Forum has rejected the imposition of additional regulatory duty on import, saying the government neither can impose any duty nor enhance taxes without the approval of the parliament. The regulatory duty was imposed by the government on 797 items including industry raw material without taking the business community on board who are the real stakeholders.

Cosmetic items attract 50pc regulatory duty

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ISLAMABAD: The government imposed 50 percent regulatory duty on import of cosmetic items under SRO 1035(I)/2017 dated October 16, 2017.

Chemical merchants reject imposition of regulatory duty on raw material

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KARACHI: Pakistan Chemicals & Dyes Merchant Association (PCDMA) has rejected the imposition of regulatory duty on 731 items saying it will increase the cost of manufacturing of various products besides inflate prices of various consumer products.

SME, export sectors exempted from regulatory duty

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ISLAMABAD: Federal Board of Revenue (FBR) has said that Small and Medium Enterprises (SMEs) and export oriented units are exempted from paying regulatory duty levied through SRO 1035(I)/2017 on import of raw material and machinery.

Rate of regulatory duty on import of vehicles under SRO 1035

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ISLAMABAD: Federal Board of Revenue (FBR) has imposed regulatory duty up to 80 percent on import of vehicles under SRO 1035(I)/2017 issued on Tuesday.

Major reshuffle in Pakistan Customs Service; FBR notifies transfers, postings of 25 officers of BS-19-20

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ISLAMABAD: Federal Board of Revenue (FBR) on Thursday notified major reshuffle of Pakistan Customs Service (PCS) officers in BS-19 and BS-20 and issued orders of transfers and postings of 25 officers with immediate effect and under further orders.

FBR notifies promotion to BS-22 of two customs officers

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ISLAMABAD: Federal Board of Revenue (FBR) has notified promotion of two customs officers to BS-21 with immediate effect and until further orders.

Chemical merchants reject proposed regulatory duty on 250 items

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KARACHI: Chemical merchants have rejected the decision of the government to impose regulatory duty on 250 imported items.