Government imposes additional customs duty in the range if 2-7 percent

KARACHI: The Ministry of Finance and Revenue has levied additional customs duty on import of goods specified in the First Schedule in range of 2.0 percent to 7.0 percent.

Additional Customs Duty is levied at the rate of 2.0 percent on goods falling under tariff slabs of 0%, 3% and 11%; 4.0 percent on goods falling under tariff slab of 16%; and 7.0 percent on goods falling under tariff slab of 20% and higher slabs as well as slabs of specific rates, except goods falling under PCT codes 1507.1000, 1507.9000, 1511.1000, 1511.9010, 1511.9020, 1511.9030, 1512.1100, 1512.1900, 1512.2100, 1512.2900, 1514.1100, 1514.1900, 1514.9100 and 1514.9900, which shall be charged at the rate of 2.0 percent on import.

The value of goods for purpose of this levy shall be the value as determined under section 25 or, as the case may be, section 25A of the Customs Act.

The additional customs duty shall not be levied on the goods falling under tariff slabs of 0% except PCT code 72.04; import of seeds and spores for sowing (PCT 0904.2120, 1006.1010, 1209.0000);

import under Chapter 31 of First Schedule of the Customs Act,1969 (IV of 1969); (iv) import of goods classifiable under PCT codes, 52.01, 52.03, 5501.3000, 5503.1100, 5503.1900, 5503.3000, 5503.4000, 5503.9000, 5504.1000, 5504.9000, 5506.4000, 5506.9000 and 5507.0000; (v) import of goods classifiable under 2914.1200, 2915.1290, 2915.2100 3202.9010, 3202.9090, 3204.1110, 3204.1300, 3207.1090, 3208.1090, 3506.9110, 3506.9190, 3812.3900, 5506.1000, PCT codes 2933.9990, 3204.1120, 3208.9090, 3906.9020, 5506.3000, 2902.3000, 3202.1000, 3204.1190, 3403.9910, 4005.1090, 4005.9900, 8453.2000, 9606.2920 and 9606.2990;

plant and machinery used in manufacturing or production of goods as is classifiable under Chapter 84 and 85 of the First Schedule to the Customs Act, 1969 (IV of 1969); import under PCTs 8517.1211 and 8517.1219.

The additional Customs duty is not applicable on import under Chapter 99 of First Schedule of the Customs Act, 1969 (IV of 1969);

import under Fifth Schedule to the Customs Act, 1969 (IV of 1969) excluding; (a) serial numbers 30, 32, 33 and 35 of table of Part-I, (b) serial numbers 20 to 28, 30, 60, 102, 108, 110 to 115, 116(i) to (xii), 117 and 118 of Table of Part111; and (c) Serial numbers 29 to 51, 66 to 85, 109 to 115, 117 to 126, 129 to 131, 133, 135 to 155 and 157 to 169 of Table-A, Sr. No. 4 to 9, 11 to 14, 19 to 21 of Table-B and Sr. No.1 to 47 of Table-C of Part VII import under the Baggage Rules, 2006;

import under sub-chapters 3 and 7 of chapter XII and chapter XV of Customs Rules, 2001;

import under Notification No.SR0.577(1)/2005 dated 6th June, 2005; import under Notification No.SR0.565(1)/2006 dated 5th June, 2006; import under Notification No.SR0.693(1)/2006 dated 1st July, 2006;

import under Small and Medium Enterprises and Export Oriented Units Rules, 2008; import under temporary importation scheme vide S.R.O. 492(1)/2009, dated the 13th June, 2009; ) imports under condition (vii) of SRO 678(1)/2004, dated the 7th August, 2004, by the Exploration and Production Companies, their contractors and service companies for offshore projects only made with effect from the 18″ August, 2018; and i) Import of oil seeds and edible oils falling under PCT codes 1201.1000, 1205.1000, 1206.0000, 1507.1000, 1507.9000, 1511.1000, 1511.9020, 1511.9030, 1512.1100, 1512.1900, 1514.1100 and 1514.1900, till 30th September, 2020.

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