April 20, 2024

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Pakistan Revenue

Tag: National Tariff Policy

Consultations on tariff rationalization to begin next month: Razak Dawood
Jul 27
Pakistan Customs

Consultations on tariff rationalization to begin next month: Razak Dawood

ISLAMABAD: Abdul Razak Dawood, Advisor to the Prime Minister on Commerce and Investment, has said that consultations on tariff rationalization with stakeholders will start from next month. He said that tariff rationalization is vital for export-led industrialization in Pakistan and discussions would start with the relevant stakeholders from next month to develop a three year […]

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New policy to eliminate tariff rate gap between commercial, industrial importers
Nov 22
Pakistan Customs

New policy to eliminate tariff rate gap between commercial, industrial importers

ISLAMABAD: The gap of duty and tax rates between commercial importers and industrial importers will be eliminated under newly proposed tariff policy. The National Tariff Policy 2019-2024 has proposed following measures for enforcement: (i) These policy recommendations will be implemented in a period of five years starting from the Budget 2020-21; (ii) The tariff slabs […]

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PM approves country’s first-ever National Tariff Policy
Mar 6
Finance

PM approves country’s first-ever National Tariff Policy

ISLAMABAD: Prime Minister Imran Khan on Wednesday approved the first-ever ‘National Tariff Policy’ which is aiming to improve competitiveness through access to raw materials, increase employment opportunities by attracting investment through transparent and predictable tariff regime. The draft policy, approved by the prime minister, would be presented before the Federal Cabinet for its consideration. Highlighting […]

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