ANNOUNCEMENT 30 Apr 2015

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

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
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.

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