Homegrown smartphone maker Micromax is also happy with the government's decision to hike custom duty
Even in China, where they are on the verge of achieving self-sufficiency for medical devices, the custom duty
has been brought down from 4.
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
b) Reduction of custom duty
from 16 to 5 percent on surgical gown and bandage
Chairman committee expressed annoyance over audit officials and said that 'you could not submit any audit on any report' adding that more than 50pc mobiles without custom duty
were being smuggled in the country.
The custom duty
collected in previous fiscal year was Rs 8077.
The export is not taking place due to high custom duty
Its key parts and components will be exempted from custom duty
ISLAMABAD -- Minister for Finance and Revenue, Senator Ishaq Dar on Friday proposed reduction in rate of custom duty
to import machinery for dairy, livestock and poultry sectors from 5 percent to 2 percent.
He said that one percent additional custom duty
will be imposed on the imported items.
Islamabad -- The people have been deprived of the subsidy on sugar like petroleum when government has imposed 20-30% custom duty
on the former import as sugar price goes up.