Thursday, October 18, 2018

Govt imposes duty on cheese, mobile phones and 568 other products

The government has not even spared Christmas trees and baby bicycles from the levy of duties, also describing these items as luxury.

The development came despite the fact that all such measures have failed to yield the desired results in the past.

Out of 570 tariff lines, the FBR has introduced duties on 80 items for the first time. Those are live animals, meat, fish, eggs, paper and paper board, motorcycles, bicycles that will now be subject to 5% to 10% of duties, according to the FBR.

On the remaining items, the FBR has significantly increased the duties. Some of the items are fish frozen & fish fillets, cheese, curd, fruits and nuts, juices, tobacco, motor cars.

Read more: https://tribune.com.pk/story/1827517/1-govt-notifies-duties-570-products/

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