COVID-19: FBR exempts import duties on medical equipment, machinery

News Image

MG News | March 21, 2020 at 12:35 AM GMT+05:00

0:00

March 20, 2020: The Federal Board of Revenue (FBR) Friday announced to exempt import of medical equipment and machinery necessary to diagnose and treat the pandemic noval coronavirus (Covid-19) from whole of sales tax, income tax, custom duties and regulatory duties for a period of three months.

In this regard the FBR issued three Statutory Regulatory Orders (SROs) under which as many as 61 medical items have been exempted from sales tax, income tax, regulatory duties and custom duties.

Some of the important items that have been exempted from the import duties include PCR chambers, PCT kits for suspect diagnosis, Dr oligo synthesizer, refrigerator/freezer, biohazard bags (18 liters), ICU motorized patient bed with side cabinet, ultrasound machines, ECG machines, surgical masks, and oxygen recovery kit.

According to the SROs, the period of three months could be extended by the Board for another three months on recommendation of Ministry of National Health Services, Regulation and Coordination if adverse circumstances related to Covid-19 pandemic prevail.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 157,953.47
555.47M
1.14%
1775.65
ALLSHR 96,741.22
1,957.60M
1.16%
1110.83
KSE30 48,198.94
249.79M
1.09%
520.47
KMI30 232,694.17
290.89M
1.31%
3011.94
KMIALLSHR 65,027.13
1,019.78M
1.03%
660.37
BKTi 42,489.56
84.10M
1.35%
566.75
OGTi 31,779.36
15.21M
0.14%
43.57
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,845.00 118,295.00
116,115.00
2020.00
1.74%
BRENT CRUDE 68.14 68.36
67.34
0.19
0.28%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-0.40
-0.47%
ROTTERDAM COAL MONTHLY 94.00 94.50
94.00
0.45
0.48%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 63.91 64.13
63.11
0.21
0.33%
SUGAR #11 WORLD 16.00 16.27
15.98
-0.27
-1.66%

Chart of the Day


Latest News
September 18, 2025 at 07:00 PM GMT+05:00

Pakistan's Forex Reserves Increase by USD 54.80 Million


September 18, 2025 at 05:59 PM GMT+05:00

Textile exports drop to $1.4bn in August


September 18, 2025 at 05:45 PM GMT+05:00

U. S. A. leads as top export destination for Pakistan in August


September 18, 2025 at 05:40 PM GMT+05:00

Pakistan's Power sector attracts net FDI of 86.5m in August



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg