Amendments in SRO 655(I)/2006 dated 22.06.2006 (Exemption from Customs Duty for Vendors of Automotive Sector)
Vide SRO 482(I)/2016 dated 29.06.2016, Federal Government has made following amendments in SRO 655(I)/2006 dated 22.06.2006 (Exemption from Customs Duty for Vendors of Automotive Sector). (a) Rate of concessionary customs duty has been revised upwards. (b) Concession available to bicycle manufacturers has been withdrawn. (c) Separate concessionary rates have been prescribed for auto-rickshaws, 3-wheeler cargo…