201512.02
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Imposition of 1% additional duty on import all items

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Vide SRO 1178(I)/2015 dated 30.11.2015 all imports are subject to 1% additional duty w.e.f. 01.12.2015. However, additional duty shall not be charged on the following: Import of seed and spours of heading 0904.1130, 0904.2120, 1006.1010, 1209.0000 Items of Chapter 31 of the Pakistan Customs Tariff Plant and machinery used in manufacture of goods classifiable under…

201510.09
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Amendment in Notification No. S.R.O. 209(I)/2009 dated 05.03.2009

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Vide SRO 979(I)/2015 dated 06.10.2015, Federal Board of Revenue has made following amendments in SRO 209(I)/2009 dated 05.03.2009 (Duty Draw Back on export of textile and allied products) (i)              Rate of duty draw back on export of bleached ready-made garments made of 100% cotton has been increased from 0.43% to 0.816% of FOB value, (ii)            …

201509.21
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VALUATION RULING NO.756/2015

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The Federal Board of Revenue has issued Valuation Ruling No.756 of 2015 whereby it has determined Customs Values of Electrolytic Tin Plate (ETP) and Tin Free Sheet (TFS) under section 25-A of the Customs Act, 1969. A copy of the ruling can be accessed here: http://akhtarali.com/federal-board-of-revenue/

201509.14
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Amendments in Customs Rules, 2001

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Vide SRO 840(I)/2015 dated 20.08.2015, Federal Board of Revenue has introduced a new Sub-Chapter XVI ‘Imports and Exports at Border Customs Station’ in the Customs Rules, 2001 relating to procedure for import and export of cargo through border customs station by road. A copy of the said SRO can be found under the ‘Downloads’ tab…