201512.19
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Regulatory Duty on Import of Maize

by in Customs

Federal Government has levied 30% regulatory duty on import of maize through SRO 1248(I)/2015 dated 17.12.2015. Previously only imports from India were subject to regulatory duty @25% on such imports A copy of the Notification can be accessed here: http://akhtarali.com/federal-board-of-revenue/

201512.19
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Withdrawal of Regulatory Duty on Import of Maize from India

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Federal Government has made amendment in SRO 482(I)/2009 dated 13.06.2009 vide SRO 1247(I)/2015 dated 17.12.2015. Through this amendment, regulatory duty @25% on import of maize from India has been withdrawn. Simultaneously, regulatory duty @30% on import of maize has been imposed across the board. A copy of the Notification can be accessed here: http://akhtarali.com/federal-board-of-revenue/

201512.04
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Issuance of Special Procedure for Adjustment of Sales Tax due on Fertilizer rules, 2015

Vide SRO 1198(I)/2015 dated 03.12.2015, Federal Government has issued “Special Procedure for Adjustment of Sales Tax due on Fertilizers Rules, 2015” prescribing procedure for adjustment of sales tax on account of subsidy announced by Federal Government on supply of Phosphatic fertilizer. Fertilizer manufacturer / importer is required to provide complete details of sales showing NTN…

201512.02
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Increase in rate of regulatory duty on import of certain items

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Vide SRO 1177(I)/2015 dated 30.11.2015 certain amendments have been made in SRO 568(I)/2014 dated 26.06.2014. Through these amendments, regulatory duty has been imposed on 87 new items. Rate of regulatory on existing 313 items has also been increased generally by 5%. A copy of the Notification can be accessed here: http://akhtarali.com/federal-board-of-revenue/

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…