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FBR notifies new regulatory duty rates

FBR notifies new regulatory duty rates

ISLAMABAD: The Federal Board of Revenue (FBR) has notified new regulatory duty rates on Tuesday.

Sources said that the FBR has entered new rates of regulatory duty in the online customs clearance system deleting the old notification.

According to details, duty on imported honey has been increased from 20 to 30 per cent and duty on cheese from 35 to 50 per cent.

A regulatory duty of 10 per cent has been imposed on mushrooms, olives and other imported vegetables will have a 10 per cent regulatory duty imposed on it along with imported seafood.

A duty of five per cent has been put on imported paper and electric sound amplifier, while the five percent increase has been imposed on sports goods and shoes.

The duty on imported furniture has been increased from 10 to 45 per cent while electrical items will see an increase of 10 per cent duty. Imported marble will have a 10 per cent duty, while there will a five per cent increase in duty on plastic items.

For cars, there will be a 10 per cent increase in duty on 4×4 vehicles, and same for car parts.

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