ANNOUNCEMENT 30 Nov 2015

In November 2015, the government of Pakistan announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



SRO 1177(I)/2015 - Increase in regulatory duty
http://download1.fbr.gov.pk/SROs/201512114125445962sro1177.pdf

SRO 1175(I)/2015 - Increase in import tariff of cars
http://download1.fbr.gov.pk/SROs/20151211412259368sro1175.pdf

SRO 1178(I)/2015 - Increase of 1% in the customs duty
http://download1.fbr.gov.pk/SROs/2015121141281829sro1178.pdf


Inception date: 01 Dec 2015 | Removal date: open ended

Import tariff

 On 30 November 2015, the Economic Coordination Committee approved several measures to increase the revenue of the government. These measures include -

  1. An additional 1% duty has been imposed on all imported products except certain exempted items such as all non-dutiable imports, import of agricultural machinery, essential raw materials and agriculture inputs, components for local industry in 25 sectors such as leather, pesticides, sugar, fans, electric motors etc., on import of fertilizers, seeds and spores of sowing, telecom sector, imports under Small and Medium Enterprises and Export Oriented Unit rules, under the temporary importation scheme, import of old and used vehicles above 1800cc etc. This duty was increased to 2% on 24 May 2018.
  2. The Regulatory Duty on 289 imported products has been increased from 10% to 15% and from 15% to 20% on certain tiles under HS 6907 and 6908. Additionally, regulatory duty has been imposed on import of 61 items at the rate of 5/10%.
  3. The tariff cap on import of used vehicles from Asian markets has been increased by 10% for vehicles that are above 1000 cc.

The affected tariff lines, sectors and trading partners included in this measure are the ones that are affected by the increase in regulatory duty and the import tariff on cars.