IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 23 Oct 2012 | Removal date: open ended
Still in force

Import tariff

On 23 October 2012, the Economic Co-ordination Committee of Pakistan met and took the following decisions:
- A state-guranateed loan of Rs. 9.36 billion was approved for Pakistan International Airlines. Additionally the government guaranteee on Sukuk (loan) certificates of Rs. 6.8 billion was extended for two years.
- For the upgradation of the capactiy of Wah Brass Mills (Pvt.) Ltd., a loan of USD 16 million at the cost of borrowing of the government and a state guarantee on loans amounting to USD 59.4 million was approved.
 
With regards to the import tariff on goods related to motorcycles, the following was amended - 
- Tariff on sub-assemblies was reduced from 20 to 15 percent.
- Tariff on Completely Built Units (CBU) or components for assembly for manufacture of vehicles and kits was reduced from 65 to 57 percent.
- Tariff oncompletely knocked down (CKD) units not locally manufactured was reduced from 15 to 5percent.
- Tariff on CKD units locally manufactured was brought down from 47.5 to 30 percent.
 
It was also discussed that the import of old and used cars is damaging the local car industry and therefore the age limit for old cars should be raised. A committee was set up to look into this measure.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

414 Copper, nickel, aluminium, alumina, lead, zinc & tin, unwrought
7403 Refined copper and copper alloys, unwrought.
740311 Cathodes and sections of cathodes
415 Unfinished products of copper, nickel, aluminium, lead, zinc or tin
7407 Copper bars, rods and profiles.
740710 Of refined copper
740721 Of copperzinc base alloys (brass)
7409 Copper plates, sheets and strip, of a thickness exceeding 0.15 mm.
740911 In coils
740921 In coils
7411 Copper tubes and pipes.
741110 Of refined copper
499 Other transport equipment & parts
8711 Motorcycles (including mopeds) and cycles fitted with an auxiliary motor, with or without sidecars; sidecars.
871120 With reciprocating internal combustion piston engine of a cylinder capacity exceeding 50 cc but not exceeding 250 cc
8714 Parts and accessories of vehicles of headings 87.11 to 87.13.
871410 Of motorcycles (including mopeds)
871499 Other

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