Customs Duties
Massive Car Price Drop Incoming As Pakistan Plans Up to 50% Tariff Cuts
Car buyers in Pakistan might soon get a major break. The federal government is officially redesigning auto sector tariffs under the National Tariff Policy (NTP).…
15% Customs Duty Exemption on Defense Imports Approved
The Tariff Policy Board (TPB) has reportedly decided to exempt all defense imports from customs duty. The Minister for Commerce heads this inter-ministerial body. Currently,…
Customs Raid Major Islamabad Stores Over Import Policy Violations
Fourteen customs teams raided well-known retail outlets in Islamabad’s F-6 and F-11 sectors, seizing foreign chocolates, drinks, perfumes, pasta, and cosmetics. The stores could not…
Man Caught Smuggling 60 iPhones: Jailed for 6 Years by Court
A Rawalpindi court has sentenced a man to six years of rigorous imprisonment for smuggling 60 iPhones worth Rs 31.4 million into Pakistan. The convict,…
New Customs Ruling Offers Major Relief for Importers of Used Electronics
ISLAMABAD: The Directorate General of Customs Valuation in Karachi has announced a significant reduction in customs duties on the import of old and used computers,…
