Pakistan Revenue
The Federal Board of Revenue (FBR) recently made an announcement stating that the notification for imposing regulatory duties (RD) on the import of vehicles and mobile phones had a sunset clause that expired on March 31, 2023.
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Infinix Pakistan announced to reduce the retail selling prices of phone after the regulatory duty ended on the imported mobile phones. The new prices have been effective from May 03, 2023.
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Tecno Pakistan has announced to decrease phone prices in Pakistan after the end of regulatory duty on imported phones. The reduced prices have been effective from May 02, 2023.
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The Auto Traders and Importers Association on Thursday reacted to the end of the 20% regulatory duty on used imported cars in Pakistan.
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ISLAMABAD: Pakistan has kept the 100 per cent regulatory duty on car imports till March 31, 2023.
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ISLAMABAD: Federal Board of Revenue (FBR) has issued a SRO to impose regulatory duty at 5 per cent on import of polyester yarn despite protest by business community.
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KARACHI: Yarn merchants have protested the levy of regulatory duty at 5 per cent on import of polyester filament yarn. Economic Coordination Committee (ECC) of the cabinet this week approved the imposition of regulatory duty at five per cent on import of polyester filament yarn. Pakistan Yarn Merchants Association (PYMA), while rejecting ECC decision to […]
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Pakistan has increased the regulatory duty on imported motor vehicles from 90% to 100%. The decision, communicated through the issuance of SRO 1571(I)/2022 by the Federal Board of Revenue (FBR), comes as part of the government’s efforts to stabilize the balance of payments and manage the outflow of foreign exchange.
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KARACHI: Pakistan has decided to impose regulatory duty at 10 per cent from July 01, 2022. The country presented its federal budget 2022/2023 on June 10, 2022 and proposed increase on regulatory duty on various imported goods. READ MORE: Penalty amount revised for late filing income tax returns The Finance Bill, 2022 suggested levying 10 […]
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ISLAMABAD: The Federal Board of Revenue (FBR) has exempted regulatory duty at the rate of 45 per cent on import of pine nuts (chilgoza) from Afghanistan. The FBR issued SRO 181(I)/2022 dated February 22, 2022 to allow the exemption. Through the latest SRO, the FBR amended the SRO 840(1)/2021 dated June 30, 2021. The FBR […]
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