Withdrawal of regulatory duty on import of mobile phones
Federal Government has withdrawn regulatory duty on import of cellular mobile phones falling under PCT heading 8517.1210 vide SRO 602(I)/2015 dated 30.06.2015 w.e.f 01.07.2015.
Withdrawal of regulatory duty on Petroleum Products
Vide SRO 603(I)/2015 dated 30.06.2015 Federal Government has withdrawn regulatory duty on import of petroleum crude oil, motor spirit oil and high speed diesel oil levied vide SRO 392(I)/2015 dated 30.04.2015.
Reduction in the rate of regulatory duty on import of furnace oil
Vide SRO 604(I)/2015 dated 30.06.2015 an amendment has been made in SRO 393(I)/2015 dated 30.04.2015. Through this amendment, Federal Government has reduced the rate of regulatory duty on import of furnace oil from 7% to 2%.
Change in the regulatory duty on tiles
Vide SRO 605(I)/2015 dated 30.06.2015, Federal Government has made amendments in SRO 482(I)/2009 dated 13.06.2009 withdrawing regulatory duty on items falling under heading 6907.1000, 6907.9000 and 6908.9090. Regulatory duty on these items at the same time has been imposed vide SRO 568(I)/2014 dated 26.06.2014.
Changes in Concessionary Regime under SRO 565(I)/2006 dated 05.06.2006
Vide SRO 606(I)/2015 dated 30.06.2015 Federal Government has made certain amendments in SRO 565(I)/2006 dated 05.06.2006. List of industries and items entitled for benefit of the notification has been revised. (i) Concession on import of raw materials for the following industries has been withdrawn. (a) Air conditioner; (b) Deep freezers/chest cooler; (c) Refrigerators/visi-cooler; (d) Washing…
Reduction in rate of Concessionary Customs Duty on certain items under SRO 656(I)/2006 Dated 22.06.2006
Vide SRO 607(I)/2015 dated 30.06.2015 Federal Government has made following amendments in SRO 656(I)/2006 dated 22.06.2006. 1- Rate of duty on import of tyres for manufacture of motor cars and vehicles of heading 87.03, four stroke auto rickshaw of heading 8703.2115 and vehicles of heading 87.04 g.v.w not exceeding 5 tons has been…
Withdrawal of Concession on import for manufacture of toilet and laundry soap in AJ&K
Vide SRO 608(I)/2015 dated 30.06.2015 Federal Government has rescinded its notification SRO 559(I)/2008 dated 11.06.2008 (Concession on import of raw material for manufacture of toilet and laundry soap in AJ&K)
Review of Items subject to additional duty
Vide SRO 609(I)/2015 dated 30.06.2015 Federal Government has made amendments in SRO 693(I)/2006 dated 01.07.2006 and list of items for manufacture of automobile industries subject to additional customs duty has been revised. However, there is no change with regard to rate of additional duty.
Changes in the Concessionary Regime for E&P Companies
Vide SRO 610(I)/2015 dated 30.06.2015 Federal Government has made following amendments in SRO 678(I)/2004 dated 07.08.2004 relating to concession of customs duty to E&P companies on import of machinery, equipment, specialized vehicles etc. (a) Concession on import of pick-ups (4×4) has been withdrawn; (b) Concession on import by sub-contractors has been withdrawn; (c) Time limit…
Withdrawal of Zero Rating of sales tax on polyethylene and poly propylene
Vide SRO 611(I)/2015 dated 30.06.2015 Federal Government has rescinded its notification SRO 811(I)/2009 dated 19.09.2009 (Zero Rating of sales tax on polyethylene and polypropylene).