The LCCI President said, Lahore Chamber rejected all the increases in custom duty
and sales tax and urged the government to transform the FBR as facilitator of the taxpayers.
The Pakistani government also charged a vehicle carrying animals 20,000 rupees in custom duty
, he concluded.
Prices for the end users can be controlled if the government reduces custom duty
to uniform level on two categories, uncoated and coated paper and board, besides using strict custom clearing mode to check imports on misquoting", he said.
As such, import of weapons beyond the limit of five weapons shall not be eligible for custom duty
To protect the Chinese factories government in Nov 2014 has fixed 20% custom duty
on its import when sugar price was expected to go down government again soared custom duty
to 20-40% so that sugar cannot be imported at any cost.
He said 495 vehicles were returned to owners upon payment of custom duty
mainly as consequence of amnesty scheme.
The Finance Minister said: "A concessional custom duty
of 5 per cent to machinery instruments, equipments and appliances etc.
In addition, concession on custom duty
would be available ranging from 50 per cent for the developed areas of the Punjab and Sindh to 100 per cent for less developed areas.
one of the largest customs brokers in North America and an international freight forwarder; Caribbean Transportation Services, the leading provider of airfreight forwarding services between the United States, Puerto Rico and the Dominican Republic; and World Tarriff, a publisher of custom duty
and tax information.