Tag: Customs Act 1969

Under Section 19 of the Customs Act, 1969, as updated for tax year 2026, the Federal Government of Pakistan has wide-ranging powers to exempt goods from customs duties and to remit fines and penalties in exceptional circumstances.

Pakistan’s trade agreements allow reduced customs duties and taxes on selected imports, helping promote trade and economic cooperation. These concessions are governed by Section 18C of the Customs Act, 1969, as updated for tax year 2026.

To protect local industry and ensure fair competition, the Federal Government of Pakistan is empowered to impose Special Customs Duty (SCD) on certain imported goods. This authority is granted under Section 18A of the Customs Act, 1969, as updated for tax year 2026.

Under Section 18 of the Customs Act, 1969, as updated for tax year 2026, the Federal Board of Revenue (FBR) has the legal authority to levy customs duties on specified goods entering Pakistan. The law also outlines when regulatory and additional customs duties may be imposed and clarifies which goods are exempt from export duty.

The Customs Act, 1969, as updated for tax year 2026, clearly outlines prohibitions on certain goods that cannot be imported into or exported from Pakistan. These restrictions are provided under Section 15, which plays a critical role in protecting Pakistan’s economy, intellectual property rights, public morality, and financial system.