Reduced import duty on shrimps and prawns takes effect from July 1, 2026, under the updated tariff schedule for FY2026-27.
Pakistan has reduced the regulatory duty on the import of shrimps and prawns to 8 percent, effective July 1, 2026, under the updated tariff schedule for the fiscal year 2026-27.
The reduction is aimed at lowering import costs for seafood products and aligns with the government’s revised customs duty framework for the new financial year.
According to the latest SRO, outlining regulatory duty rates for FY2026-27, the revised rate applies to several categories of imported shrimps and prawns.
The new duty replaces the 10 percent regulatory duty that remained in force during the previous fiscal year, providing a two-percentage-point reduction across the specified tariff lines.
The updated rates cover Cold-water shrimps and prawns (Pandalus spp., Crangon crangon) classified under Pakistan Customs Tariff (PCT) Code 0306.3500. Imports under this category will now attract a regulatory duty of 8 percent, down from the earlier rate of 10 percent.
Similarly, Other shrimps and prawns imported under PCT Code 0306.3600 will also be subject to the revised 8 percent regulatory duty. This category has likewise benefited from a reduction of two percentage points compared with the duty applicable during FY2025-26.
The government has also lowered the regulatory duty on Shrimps and prawns falling under PCT Code 0306.9500. Importers bringing products under this tariff classification will now pay 8 percent regulatory duty instead of the previous 10 percent, effective from the beginning of the new fiscal year.
The revised regulatory duty structure forms part of Pakistan’s broader customs tariff updates introduced for FY2026-27. Regulatory duties are imposed on selected imported goods to manage imports, protect domestic industries where necessary, and support the country’s trade and revenue objectives.
Industry stakeholders believe that the reduction in regulatory duty may help lower import costs for seafood traders and processors, particularly businesses that depend on imported shrimp and prawn varieties.
The revised rates could also improve the availability of imported seafood in the local market while offering some relief from import-related costs.
The updated regulatory duty schedule became effective on July 1, 2026, and applies to all eligible imports cleared under the relevant Pakistan Customs Tariff codes.
Importers are advised to ensure compliance with the revised customs rates while processing import consignments during the fiscal year 2026-27.