Regulatory duty on exports reduced

Regulatory duty on exports reduced

KARACHI: The Federal Board of Revenue (FBR) has slashed regulatory duty up to half on export of goods.

The FBR issued SRO 843(I)/2021 dated June 30, 2021 to amend the SRO 645(I)/2018 dated May 24, 2018, which is related to regulatory duty on export of goods.

According to the latest SRO the regulatory duty on export of hides and skins has been reduced to 10 per cent from 20 per cent.

Similarly, the regulatory duty on export of molasses has been reduced to 10 per cent from 15 per cent.

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