ISLAMABAD: The FBR has decided to withdraw Regulatory Duty RD on dry fruits and perishable goods imported from Afghanistan to Pakistan in annual budget FY18-19.
Reliable source of Federal Board of Revenue (FBR) told Customs Today that government has decided to impose zero percent Regulatory Duty (RD) on perishable goods like fruits, vegetables and dry fruits imported from Afghanistan. It added that the proposed withdrawal will be implemented after the approval of the Federal Budget of Fiscal Year 2018-19.
The sources told that due to above said decision of withdrawal of RD the prices of perishable goods and dry fruits will be come on lowest, sources added that the decision has been taken in light of recent visit of Prime Minister Shahid Khaqan Abbasi to Afghanistan.
Sources told that Afghanistan will implement all decisions on which the Prime Minister Shahid Khaqan Abbasi had agreed in his last visit of Kabul. The sources added that PM Abbasi had assured Afghan side in his last month visit for withdrawal of Regulatory Duty (RD) on fruits and vegetable and also removal of other non-tariff barriers on their exports to Pakistan, but at this time FBR has decided to abolished RD on fruits and vegetables which will be implemented after approval of annual Budget FY18-19.
The sources said that Pakistan had made fresh efforts to convince Kabul for de-linking opening up of Wagha border under the talks for finalizing revised Transit Trade Agreement between the two sides. “Pakistan and Afghanistan should resolve bilateral trade issues instead of linking resumption of talks with any third party,” said the sources.