201511.30
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Increase of excise duty on cigarettes

Vide SRO 1181(I)/2015 dated 30.11.2015, FBR has imposed fixed duty on cigarettes at the rates specified in the below table. Sr. No. Existing description of goods New description of goods Existing rate of duty New rate of duty 1. Locally produced cigarettes if theiron-pack printedretail price exceedsrupees three thousand three hundred and fifty per thousandcigarettes….

201507.29
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Rescinding of SROs

Vide SRO 490(I)/2015 dated 30.06.2015, the following FED notifications have been rescinded: i)                    SRO 778(I)/2006, dated the 1st August, 2006 (Exemption on international travel by air to certain persons); ii)                  SRO 474(I)/2009, dated the 13th June, 2009 (Exemption on motor cars, banking companies in respect of certain services and white cement); iii)                SRO 802(I)/2009, dated…