FBR notifies imposition of 2pc additional customs duty

ISLAMABAD: Federal Board of Revenue (FBR) has notified additional customs duty at 2 percent on import of goods specified in the First Schedule to the Customs Act, 1969.
The FBR imposed additional customs duty on import of goods specified in the First Schedule to the Act at two percent of the customs value of such goods as determined under Section 25 or 25A of the Act, except the goods in the following:
i. import of seeds and spores for sowing (PCT 0904.2120, 1006.1010, 1209.000);
ii. import under Chapter 31 of First Schedule of the Customs Act, 1969;
iii. import of goods classifiable under PCT codes 5503.1100, 5503.1900, 5503.3000, 5503.4000, 5503.9000, 5504.1000, 5504.9000, 5506.1000, 5506.3000, 5506.4000, 5506.9000, and 5507.000.
iv. plant and machinery used in manufacture or production of goods as is classifiable under Chapter 84 and 85 of the First Schedule to the Customs Act, 1969;
v. import under PCTs 517.1211 and 8517.1219;
vi. import under Chapter 99 of First Schedule of the Customs Act, 1969;
vii. import under fifth schedule to the Customs Act, 1969 excluding: a. serial numbers 30, 32 and 33 of table of Part-1, b. serial numbers 20 to 28, 30, 60, 96, 102, 108 to110 of table of Part III, and c. serial number 29 to 51, 66 to 85, 109 to 115, 117 to 126, 128 to 155 and 159 to 169 of Table A and serial number 4 to 9, 11 to 14, 19 to 21 of Table B of Part VII
viii. import under the Baggage Rule, 2006;
ix. import under sub-chapter 3 and 7 of chapter XII and chapter XV of Customs Rules, 2001;
x. import under notification No. SRO 577(I)/2005 dated June 6, 2005;
xi. import under notification SRO 565(I)/2006 dated June 5, 2006;
xii. import under Notification SRO 693(I)/2006 dated July 01, 2006;
xiii. import under Small and Medium Enterprises and Export Oriented Units Rules, 2008; import under temporary importation scheme vide SRO 492(I).2009, dated July 13, 2009;

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