Regulatory Duty on Second-Hand Clothing Abolished in Finance Bill 2023
ISLAMABAD: Pakistan has taken steps to provide relief to the underprivileged segment of society by abolishing the regulatory duty on the import of second-hand clothing.
ISLAMABAD: Pakistan has taken steps to provide relief to the underprivileged segment of society by abolishing the regulatory duty on the import of second-hand clothing.
Pakistan has issued a stern warning to car dealers, urging them to reduce the prices of imported vehicles following the removal of regulatory duty.
The Federal Board of Revenue (FBR) recently made an announcement stating that the notification for imposing regulatory duties (RD) on the import of vehicles and mobile phones had a sunset clause that expired on March 31, 2023.
Infinix Pakistan announced to reduce the retail selling prices of phone after the regulatory duty ended on the imported mobile phones. The new prices have been effective from May 03, 2023.
Tecno Pakistan has announced to decrease phone prices in Pakistan after the end of regulatory duty on imported phones. The reduced prices have been effective from May 02, 2023.
The Auto Traders and Importers Association on Thursday reacted to the end of the 20% regulatory duty on used imported cars in Pakistan.
ISLAMABAD: Pakistan has kept the 100 per cent regulatory duty on car imports till March 31, 2023.
ISLAMABAD: Federal Board of Revenue (FBR) has issued a SRO to impose regulatory duty at 5 per cent on import of polyester yarn despite protest by business community.
KARACHI: Yarn merchants have protested the levy of regulatory duty at 5 per cent on import of polyester filament yarn. Economic Coordination Committee (ECC) of the cabinet this week approved the imposition of regulatory duty at five per cent on import of polyester filament yarn. Pakistan Yarn Merchants Association (PYMA), while rejecting ECC decision to […]
Pakistan has increased the regulatory duty on imported motor vehicles from 90% to 100%. The decision, communicated through the issuance of SRO 1571(I)/2022 by the Federal Board of Revenue (FBR), comes as part of the government’s efforts to stabilize the balance of payments and manage the outflow of foreign exchange.