Regulatory duty on wheat import withdrawn; SRO issued

Regulatory duty on wheat import withdrawn; SRO issued

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday issued notification to withdraw regulatory duty on import of wheat and other wheat products.

The Revenue Division issued SRO 119(I)/2020 dated February 19, 2020 to amend SRO 680(I)/2019 to withdraw regulatory duty on import of wheat.

The government imposed 60 percent regulatory duty on import of wheat, which has been withdrawn through the latest SRO.