#FederalBudget2020_21
#CustomsReliefMeasures
Promote investment & support local industry following tariff measures are proposed:
1. Custom Duty (CD)eliminated on 1643 tariff lines; covers thousands of raw materials of chemicals, fertilizers, rubber, textiles, leather etc 1/8
#FederalBudget2020_21
#CustomsReliefMeasures
2. Customs Duty reduced on 200 tariff lines covering raw materials of packaging, footwear & Home appliances. 2/8
#FederalBudget2020_21
#CustomsReliefMeasures
3. #RegulatoryDuty on 166 tariff lines #reduced to support engineering industry and prevent smuggling of fabrics, LED Tv, blankets, electrodes. 3/8
#FederalBudget2020_21
#CustomsReliefMeasures
4. #RegulatoryDuty on 18 items #increased to protect local industry of polyester filament yarn and stationery items etc. 4/8
#FederalBudget2020_21
#CustomsReliefMeasures
5. Exemption of Customs duty on import of paper for priniting of Holy Quran for all registered Nashiran-e-Quran. 5/8
#FederalBudget2020_21
#CustomsReliefMeasures
To provide relief to common people Customs Duty and Taxes exempted on import of diagnostic kits of cancer & #CoronaVirus. Besides, CD expemtion available on 61 Covid 19 item extended for further 03 months. 6/8
#FederalBudget2020_21
#CustomsReliefMeasures
Prevent malnutrition & make special dietic foods for children available
- CD exempted on special foods for children suffering inherited metabolic disorder
- CD reduced on 9 tariff lines of supplementary foods for children. 7/8
#FederalBudget2020_21
#CustomsReliefMeasures To facilitate FDI and Trade, provisions regarding System of #AdvanceRulings and #AuthorisedEconomicOperators introduced in Customs Law. #TFA 8/8
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