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: 30 Apr 2015 | Removal date: open ended
Still in force

Import tariff

On 30 April 2015, Pakistan issued Notification SRO 393(I)/2015, increasing the regulatory import duty on furnace oil from 5% to 7%. The duty at 5% was introduced on 12 February 2015 (see related measure). 
 
In the 2015-16, the Ministry of Finance withdrew a 5% customs duty exemption on furnace oil imports while at the same time the regulatory under the current measure was reduced to 2%, thus effectively leaving the import duty rates unchanged.

On 16 October 2017, through Notification 1035 (I)/2017 the 2% regulatory was extended.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

333 Petroleum oils & oils of bituminous materials, other than crude
2710 Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic con
271012 Light oils and preparations
271019 Other

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