Aug 18

Commerce ministry issues clarification to ban on Indian imports

ISLAMABAD: The ministry of commerce has issued clarification regarding ban on imports from India and said that letter of credit (LC) or bill of lading (BL) issued prior August 09, 2019 shall be allowed for customs clearance. The ministry of commerce issued a notification dated August 16, 2019 to clarify SROs 927(I)/2019 and 928(I)/2019 dated […]

by Anjum Shah

Commerce ministry enhances shelf life condition to discourage substandard edible imports

Jun 28

Finance

Commerce ministry enhances shelf life condition to discourage substandard edible imports

ISLAMABAD: The ministry of commerce has put mandatory requirement of 66 percent shelf life on imported edible items in order to discourage not fit items and save huge foreign exchange. The ministry of commerce issued SRO 659(I)/2019 dated June 27, 2019 to amend Import Policy Order 2016 and enhanced the condition of shelf life for […]

by Anjum Shah

Temporary import of arms, ammunition by foreign hunters allowed

May 21

Pakistan Customs, Taxation

Temporary import of arms, ammunition by foreign hunters allowed

ISLAMABAD: The ministry of commerce has allowed temporary import of arms and ammunition by foreign hunters by amending Import Policy Order, 2016. The ministry issued SRO 565(I)/2019 to amend Import Policy Order, 2016. It said: “Temporary import-cum-export of arms and ammunition by foreign hunters shall be allowed subject to NOC from the ministry of interior.”

by Faisal Shah

Ministry notifies implementation of labeling, printing requirements on imported goods from July 01

Apr 10

Pakistan Customs, Taxation

Ministry notifies implementation of labeling, printing requirements on imported goods from July 01

ISLAMABAD: The ministry of commerce on Tuesday notified the implementation of labeling and printing conditions on imported goods from July 01, 2019. The commerce ministry issued SRO 438(I)/2019 to amend Import Policy Order, 2016 and deferred the implementation of labeling requirement and mandatory description of goods in Urdu language till June 30, 2019. The ministry […]

by Faisal Shah

Mar 5

National

PM approves 20pc trade officers’ quota for overseas Pakistanis

ISLAMABAD: Prime Minister Imran Khan has approved quota of 20 percent for appointing overseas Pakistanis to the post of trade officers in Pakistan’s missions abroad.

by Faisal Shah

Commerce ministry adds non-textile product to claim drawback

Feb 4

Taxation

Commerce ministry adds non-textile product to claim drawback

ISLAMABAD: The ministry of commerce has issued corrigendum to SRO 711(I)/2018 dated June 08, 2018 and added another meat product for allowing non-textile drawback of duty and taxes. The ministry in a notification said that in the SRO No. 711(I)/2018 dated June 08, 2018 issued by the ministry of commerce and textile (commerce division), in […]

by Faisal Shah