Tecno decreases phone prices in Pakistan
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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Tag: regulatory duty
Impact of regulatory duty removal on used car prices in Pakistan
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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Pakistan keeps 100 pc regulatory duty on car imports
ISLAMABAD: Pakistan has kept the 100 per cent regulatory duty on car imports till March 31, 2023.
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FBR issues SRO to impose 5pc regulatory duty on yarn amid protest
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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Merchants protest imposition of 5pc regulatory duty on polyester yarn
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 raises Regulatory Duty to 100 % on motor vehicle import
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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Pakistan decides 10% regulatory duty on petrol import
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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FBR exempts regulatory duty on Afghan pine nuts
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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Regulatory duty on motor vehicles increased to 50%
In a bid to curb the escalating import bill and foreign exchange outflow, the Federal Board of Revenue (FBR) unveiled a significant surge in regulatory duty on the import of new motor vehicles.
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Yarn merchants appeal for not imposing regulatory duty
KARACHI: Pakistan Yarn Merchants Association (PYMA) has expressed serious concerns over reports suggesting imposition of regulatory duty on polyester yarns. Saqib Naseem, PYMA Central Chairman in a statement on Wednesday expressed deep concern over rumors circulating about lobbying for imposition of regulatory duty on imported polyester yarns by local manufacturers of polyester filament yarns. READ […]
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