KARACHI: The Ministry of Commerce has re-imposed the ban on import of a long range of used and second hand machinery, a ban which was lifted vide SRO No.1528(I)/2018 dated December 24, 2018.
Ministry of Commerce issued SRO No. 16(I)/2019 on January 03, 2018 re-imposing the ban on import of used and second hand machinery with effect from December 24, 2018.
Ministry of Commerce & Textile vide SRO 1528(I)/2018 omitted an entry on Serial No.9 in Appendix-C of the Import Policy Order, thereby opening import of used and second-hand machinery, which earlier was prohibited to be imported.
Appendix-C of the Import Policy Order provides the list of items not importable in used and second-hand condition. The amendment allows import of used machinery falling under Chapter 85 of Pakistan Customs Tariff (PCT).
However, after Customnews.pk reported the development and underlined the negative as well as hazardous effects of lifting the ban, Ministry of Commerce restored the entry on Serial No.9 in Appendix-C of the Import Policy Order, thereby banning import of used and second-hand machinery again.