ANNOUNCEMENT 08 Sep 2015In September 2015, the government of Pakistan announced a change in the tax legislation for exporters.
NUMBER OF INTERVENTIONS
On 8 September 2015, the Federal Board of Revenue of Pakistan through SRO 923(I)/2015 increased the rates of duty drawback on the manufacture and export of certain finished products. The duty drawback is provided to reimburse the customs duties paid on the imports of raw materials used in the manufacture of these goods. The finished goods include -
The drawback rates have been increased further on 20 May 2020 (see related State Act).