Commerce Ministry Sets Deadline for Budget Proposals 2025-26

Jan 8

Budget 2025-26, Taxation, Trade & Industry

Commerce Ministry Sets Deadline for Budget Proposals 2025-26

Islamabad, January 8, 2025 – The Ministry of Commerce has announced a deadline for submitting tariff-related budget proposals for the fiscal year 2025-26. Stakeholders have been invited to provide their input by February 15, 2025, to ensure their suggestions are considered during the preparation of Pakistan’s upcoming federal budget.

by Mrs. Anjum Shahnawaz

Pakistan Amends Policy for Importing New Vehicles

Mar 26

Automotive, Pakistan, Top stories

Pakistan Amends Policy for Importing New Vehicles

Islamabad, March 25, 2024 – Pakistan has introduced amendments to the policy governing the import of new motor vehicles into the country, signaling significant changes in regulations.

by Shahnawaz Akhter

Pakistan Introduces Rules for Petroleum Product Import on Foreign Suppliers’ Account

Sep 11

Energy

Pakistan Introduces Rules for Petroleum Product Import on Foreign Suppliers’ Account

Islamabad, September 11, 2023 – Pakistan has formally established regulations governing the import of petroleum products under the account of foreign suppliers. The Ministry of Commerce has promulgated a Statutory Regulatory Order (SRO) to this effect.

by Mrs. Anjum Shahnawaz

Clearance of banned cars, phones allowed on 100% surcharge

Aug 20

Automotive, Finance, IT & Telecom, Ports and Shipping

Clearance of banned cars, phones allowed on 100% surcharge

ISLAMABAD: The government has allowed clearance of stuck up consignments of cars and mobile phones on payment of 100 per cent surcharge. The ministry of commerce on Friday issued an office memorandum regarding prohibition / complete quantitative restrictions on import of non-essential and luxury items. READ MORE: Pakistan lifts ban on import of cars, phones, […]

by Mrs. Anjum Shahnawaz

Pakistan lifts ban on import of cars, phones, luxury items

Aug 20

Finance, National, Ports and Shipping, Top stories

Pakistan lifts ban on import of cars, phones, luxury items

ISLAMABAD: Pakistan on Friday lifted ban on all import of luxury and non-essential items amid serious foreign exchange crisis. The ministry of commerce issued SRO 1562(I)/2022 for lifting the ban on luxury and non-essential items, including motor vehicles, mobile phones and home appliances. The government on May 19, 2022 through a circular No. 598 (I)/2022 […]

by Mrs. Anjum Shahnawaz

Pakistan allows conditional import of CBU vehicles

Jun 2

Automotive

Pakistan allows conditional import of CBU vehicles

ISLAMABAD: Pakistan has allowed conditional import of Completely Built Unit (CBU) motor vehicles, which have been banned through SRO 598(I)/2022. The country on May 19, 2022 banned import of luxury and non-essential items in order to save foreign exchange and support the local currency, which depreciated massively. READ MORE: Raw materials excluded from import banned […]

by Mrs. Anjum Shahnawaz

Raw materials excluded from import banned items list

May 31

Finance, Top stories

Raw materials excluded from import banned items list

ISLAMABAD: The ministry of commerce on Monday excluded raw materials from the list of items, which were banned through SRO 598(I)/2022. The ministry issued an office memorandum to issue clarification with regard to the SRO 598(I)/2022 dated May 19, 2022. Through the SRO 598(I)/2022, the federal government imposed ban on import of certain luxury and […]

by Mrs. Anjum Shahnawaz

List of goods export to Afghanistan in PKR, no E-form

Feb 9

Finance, Top stories

List of goods export to Afghanistan in PKR, no E-form

ISLAMABAD: The federal government has expanded the list of goods for export to Afghanistan and through Afghanistan to Central Asian Republics without requirement of E-form and against Pakistan Rupee (PKR). In this regard the ministry of commerce issued SRO176(I)/2022 dated February 04, 2022 to amend Export Policy Order 2020. READ MORE: Pakistan establishes Afghanistan relief […]

by Mrs. Anjum Shahnawaz

MoC invites tariff proposals for budget 2022/2023

Jan 13

Budget 2022-2023, Pakistan Customs

MoC invites tariff proposals for budget 2022/2023

The Ministry of Commerce (MoC) has opened the floor for budget proposals for the fiscal year 2022/2023, specifically focusing on potential changes in customs tariff rates.

by Mrs. Anjum Shahnawaz

Commerce ministry issues guidelines for joining Amazon

May 24

Finance

Commerce ministry issues guidelines for joining Amazon

ISLAMABAD: The ministry of commerce has issued guidelines for local businessmen to join Amazon – one of the world’s largest e-Commerce platform – as Pakistani seller. The ministry of commerce on Monday said that Pakistan had been added in the sellers list of Amazon—one of the world’s largest e-Commerce platform. This marks the accomplishment of […]

by Mrs. Anjum Shahnawaz