PAKISTAN

PAKISTAN: Customs Duty on Cotton Yarn Imports Waived Until June

06 May 2021

Customs duty on cotton yarn imports is to be waived until 30 June in a bid to reboot the country’s Covid-19-afflicted textile industry. More

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PAKISTAN: Four-Step Plan to Boot Trade with UAE Announced

31 March 2021

The country is to adopt a four-step plan designed to enhance its trading links with the United Arab Emirates (UAE). The measures were announced following a meeting of the Pak-UAE Business Council (PUBC), a subsidiary committee of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI). More

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PAKISTAN: Pre-Arrival Air-Freight Customs Clearance System Begins Trial

22 February 2021

Pakistan Customs is trialing Clearance in the Sky, a new pre-arrival clearance facility for imported air cargo. More

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PAKISTAN: Customs Duty Cut on Range of Imported Raw Materials

16 February 2021

Pakistan’s Federal Board of Revenue (FBR) has announced further exemptions to the additional customs duty imposed last year, particularly with regard to the import of raw materials. More

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PAKISTAN: Online Payment Only for Import Duties Exceeding US$6,000

27 January 2021

All importers must now pay any duties and taxes above PKR1 million (US$6,228) via one of the country’s central bank-sanctioned payment systems, according to a new directive by the Federal Board of Revenue (FBR). More

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PAKISTAN: Bid to Woo Overseas Investors Via Technology Zones Authority

15 January 2021

Pakistan has established a Special Technology Zones Authority (STZA) in a bid to boost the country’s information technology (IT) sector and attract a higher level of overseas investors. More

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PAKISTAN: Duty Exemptions for Anti-Covid Items Extended to June 2021

01 December 2020

Imported items deemed relevant to the treatment of Covid-19 are to remain exempt from customs duty, regulatory duty and any other additional customs duty until 30 June 2021. More

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Work resumes on Pakistan corridor

18 November 2020

It is fair to say that even by the general standards of 2020, it has been a particularly tough year for Pakistan. More

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PAKISTAN: Trusted Companies to be Granted Trade Privileges

17 November 2020

Trusted companies are to be to be granted a number of trade privileges under the terms of a new facilitation initiative announced by the Pakistan Customs Service. More

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PAKISTAN: Range of Textile Imports Exempted from Duty Requirements

28 October 2020

The country’s Federal Board of Revenue (FBR) has announced that it will no longer impose regulatory duty and additional customs duty (ACD) on a range of raw materials imported by the textile industry. More

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