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Govt imposes 20pc regulatory duty on sugar import

Govt imposes 20pc regulatory duty on sugar import

KARACHI: The government has imposed 20 percent regulatory duty on the import of sugar and the Federal Board of Revenue (FBR) has issued a notification for this purpose.

According to the FBR report, the implementation of regulatory duty will be under the head of Pakistan tariff. A few days ago, the Economic Coordination Committee of Cabinet (ECCC) confirmed the regulatory duty on the import and export of more than 0.5 million ton of sugar.