ANNOUNCEMENT 01 Jun 2021
Pakistan has increased the duty drawback on the exports of deep freezers.
NUMBER OF INTERVENTIONS
On 1 June 2021, Pakistan's Federal Board of Revenue through Notification SRO 644(I)/2021 increased the duty drawback on the exports of deep freezers from 3.56% of the FOB value to 3.98% of the FOB value of exports. The duty drawback is provided to reimburse the customs duties paid on the imports of certain raw materials used in the manufacture of these export goods.
The list of goods against the imports of which this duty drawback is provided has also been amended as below -
The amdendment is effective from 1 June 2021.