ANNOUNCEMENT 04 Jul 2018
A 2% additional duty exemption on cotton imports was withdrawn.
NUMBER OF INTERVENTIONS
1
SOURCE
SRO 848(I)/2018
http://download1.fbr.gov.pk/SROs/2018751574927389SRO848of2018.pdf
On 4 July 2018, Pakistan through SRO 848(I)/2018 removed the exemption on imports of cotton from an additional customs duty of 2%. The additional duty was initially announced at 1% in November 2015 and then increased to 2% in May 2018.
The notification is effective from 15 July 2018. On 31 January 2019, the duty exemption was re-introduced for the period 1 February 2019 to 30 June 2019 (see related State Act).