ISLAMABAD: The Federal Board of Revenue (FBR) has notified exemption of additional customs duty and regulatory duty on 164 raw materials for textile products.

SROs1042 and 1043 were issued on Thursday to implement the federal cabinet decision.

The Tariff Policy Board has already approved the exemption on these raw materials, which were not manufactured locally. In order to achieve this objective, import duties on 1623 tariff lines, pertaining to basic raw material and intermediate goods had been reduced to zero through the Finance Act 2020.

Published in Dawn, October 15th, 2020

Opinion

Editorial

Military option
Updated 21 Nov, 2024

Military option

While restoring peace is essential, addressing Balochistan’s socioeconomic deprivation is equally important.
HIV/AIDS disaster
21 Nov, 2024

HIV/AIDS disaster

A TORTUROUS sense of déjà vu is attached to the latest health fiasco at Multan’s Nishtar Hospital. The largest...
Dubious pardon
21 Nov, 2024

Dubious pardon

IT is disturbing how a crime as grave as custodial death has culminated in an out-of-court ‘settlement’. The...
Islamabad protest
Updated 20 Nov, 2024

Islamabad protest

As Nov 24 draws nearer, both the PTI and the Islamabad administration must remain wary and keep within the limits of reason and the law.
PIA uncertainty
20 Nov, 2024

PIA uncertainty

THE failed attempt to privatise the national flag carrier late last month has led to a fierce debate around the...
T20 disappointment
20 Nov, 2024

T20 disappointment

AFTER experiencing the historic high of the One-day International series triumph against Australia, Pakistan came...