Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Federal Board of Revenue (FBR) has unveiled a series of reforms concerning customs duties as outlined in the Finance Bill 2024. The FBR’s announcement highlighted several guiding principles…
KARACHI: Pakistan Tea Association’s Aman Paracha has said despite assurances by the FBR authorities the MRP on commercial tea import was not removed. He lamented the federal budget imposed 3.0…
KARACHI: The Federal government has levied additional Customs duty on import of goods specified in the First Schedule of Customs Act, 1969. The rate of additional customs duty will be…
KARACHI: The Revenue Division, Ministry of Finance has exempted additional customs duty of 2.0 percent on certain goods levied earlier vide SRO No. 630(I)/2018. Additional Customs duty is exempted on…
KARACHI: The Ministry of Finance, Economic Affairs, Statistics and Revenue vide SRO 630(I)/2018 has imposed additional customs duty at the rate of 2.0 percent on import of goods specified in…
KARACHI: The Federal Budget 2018-19 announced by Advisor to PM on Finance Miftah Ismail proposes to increase the statutory rate of Additional Customs Duty to 2.0 percent from existing 1.0…
KARACHI: The federal government has announced to reduce additional customs duty to 11 percent from 16 percent earlier on import of a large number of goods. According to SRO 484(I)/2016,…
KARACHI: The Federal government has increased additional customs duty by 1.0 percent to 16 percent on the import of auto parts. The SRO 1189(I)/2015 has amended SRO 693(I)/2006 and has…
KARACHI: The government of Pakistan has levied additional customs-duty on import of goods specified in the First Schedule to the said Act at the rate of 1.0 percent of the…