FBR bans 212 Items from Afghan Transit Trade

News Image

By MG News | October 05, 2023 at 03:29 PM GMT+05:00

0:00

October 05, 2023 (MLN): The Federal Board of Revenue (FBR) has imposed a ban on 212 items that were being imported into Afghanistan via Pakistan under the Afghan transit trade agreement.

The Ministry of Commerce issued a Statutory Regulatory Order (SRO) on October 03, stating that the ban was in exercise of the powers conferred by the Imports and Exports (Control) Act, 1950.

The notification also listed the conditions for the ban, which include that it will not apply to the transit cargo already arrived at Pakistani ports or to the cargo meant for foreign aid to Afghanistan.

Some of the items that have been banned under the new notification include Fabrics with 17 different HS codes, Tyres, three types of Black tea, 14 different types of Cosmetics and toiletries, Nuts and fruits with 14 different HS codes, Vaccume flask, and Home appliances CBUs with 49 different HS codes.

To note, the FBR on Wednesday imposed a 10% processing fee on five major categories of Afghan transit commercial goods imported into Afghanistan via Pakistan.

These goods included confectionaries & chocolates, footwear, mechanical and electrical machinery, blankets, and home textile products, and garments under the Afghan transit trade.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 130,686.66
280.01M
0.26%
342.63
ALLSHR 81,305.25
897.01M
0.35%
281.26
KSE30 39,945.45
114.02M
0.09%
37.19
KMI30 190,698.05
148.61M
0.61%
1163.05
KMIALLSHR 55,074.15
495.43M
0.53%
290.50
BKTi 34,568.40
28.73M
-1.07%
-372.33
OGTi 28,739.35
22.59M
1.57%
443.29
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 110,170.00 110,965.00
109,200.00
-115.00
-0.10%
BRENT CRUDE 68.90 69.14
68.32
-0.21
-0.30%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
-0.75
-0.76%
ROTTERDAM COAL MONTHLY 109.15 109.80
109.15
0.15
0.14%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 67.29 67.58
66.65
-0.16
-0.24%
SUGAR #11 WORLD 16.17 16.20
15.44
0.59
3.79%

Chart of the Day


Latest News
July 03, 2025 at 05:39 PM GMT+05:00

Gold price in Pakistan rises Rs800 per tola


July 03, 2025 at 05:17 PM GMT+05:00

Microsoft exits Pakistan after 25 years


July 03, 2025 at 04:43 PM GMT+05:00

Privatisation Commission approves advisors for ZTBL


July 03, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: Holding Ground


July 03, 2025 at 04:00 PM GMT+05:00

PKR strengthens 9 paisa against USD



Top 5 things to watch in this week

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