Tag Archives: Customs Duty

Up to 3pc duty proposed for raw material import not produced locally

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has recommended up to 3 percent customs duty for import of raw materials not produced locally.

Commerce ministry identifies 515 tariff lines for reduction/removal of customs duty in budget 2018/2019 to facilitate exports

ISLAMABAD: The ministry of commerce has identified 515 items for reduction/removal of customs duty and regulatory duty in the budget 2018/2019 with object to make exports more competitive and facilitate participation of local manufacturers.

Communication ministry to provide details of exempted imports by Chinese companies for Motorways

ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday made it mandatory for ministry of communication to provide details of required material and goods imported by Chinese companies at concessionary duty rates for construction of motorway.

Duty collection from imported vehicles surges by 57.7pc

KARACHI: The collection of customs duty from imported vehicles has increased sharply by 57.7 percent due to higher imports and revision in duty structure.

Sales tax, customs duty withdrawn on cotton import

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

FBR imposes 1pc additional customs duty on cotton import

ISLAMABAD: Federal Board of Revenue (FBR) has imposed one percent additional customs duty on import of cotton from July 15, 2017.

Customs duty reduced on import of value added products used by poultry sector

ISLAMABAD: The government has reduced customs duty for value added products used by poultry sector considering more investment and exports.

FBR exempts customs duty under export package

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday exempted the customs duty on import of material imported by textile industry. The exemption has been granted under the export package announced by the Prime Minister on January 10, 2017.

Textile mills demand withdrawal of 4pc customs duty

KARACHI: All Pakistan Textile Mills Association (APTMA) Sindh-Balochistan Zone has appealed the government for withdrawal of 4 percent import duty on raw cotton as the local crop is estimated to be not more than 11.25 million bales this year.

FBR withdraws customs duty exemption on import of textile machinery, equipment; allowed in fifth schedule

KARACHI: The Federal Board of Revenue (FBR) has withdrawn a notification allowing exemption from whole of customs duty on import of machinery and equipment by textile industry.