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FBR imposes regulatory duty on various imported items

FBR imposes regulatory duty on various imported items

Web Desk July 01, 2024 Add Bol News as a trusted source

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed regulatory duty on various imported items including raw materials used in some medicines.

FBR imposed 10% duty on calcium, chloroform, dioctyl terephthalate, 10% duty on levofloxacin till December 31 and 20% duty from January 1.

FBR has imposed 5% regulatory duty on seed grading, sorting and cleaning machines, vegetable drying machines, other machinery while 10% on calcium (carbide), 10% on chloroform, 10% on dioctyl terephthalate.

A regulatory duty of 10% till December 31, 2024 and 20% from January 1, 2025 has been imposed on third generation antibiotic levofloxacin, 10% on caffeine and its salts till December 31 and 20% from January 1.

The regulatory duty on sodium carbonate has been reduced from 20% to 10%, on chewing gum 10%, on chloroparaffin liquid 10% till 31 December 2025, on polyurethanes 5% till 30 June 2025, on polymers of vinyl chloride and other plastics. 10 percent till December 31, 2024, while 10 percent duty has been imposed on Dia's tubes and sleeves till June 30, 2025.

The Federal Board of Revenue has imposed a regulatory duty of 10 % on multiply and others till December 31 and 15 percent on self-adiso till June 30, 2025. A regulatory duty of 10% till December 31, 2024 and 5% from January 1, 2025 has been imposed on secondary quality iron flat rolled products.

The government has also imposed a regulatory duty of 5% on cold-rolled steel strip with a thickness of 0.5 mm to 100 mm, iron flat road products with a thickness of less than 600 mm and non-alloy steel products till December 31, 2024.

[embedpost slug="pia-announces-to-reduce-in-umrah-fares"]

FBR imposed 10% on wire above 3 mm, grill, netting and fencing, ball bearings, cone tapered roller assemblies, tabbed roller bearings up to 30 June 2025 and seed grading, sorting and cleaning machine and vegetable drying machine and 5% regulatory duty has been imposed on the import of other machinery.

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