FPCCI seeks input on Regulatory Duty

MG News | October 24, 2017 at 01:52 PM GMT+05:00

0:00

Ministry of Finance issued SRO.1035 (I)/2017 on 16th October 2017 to discourage the imports of the items included in the Notification. The SRO issued levied the regulatory duty on 731 items that are included in the imports basket of Pakistan.

FPCCI President Mr. Zubair F. Tufail has asked the business community to give their inputs and suggestions regarding this regulatory duty. He has also specifically asked for the problems and difficulties if any to be faced by the new import regulatory duties, particularly for Raw Materials.

FPCCI has also setup a special cell to monitor the overall impact of the new duties on imports.

FPCCI will submit a comprehensive analysis of the overall affects fo the additional duties on imports and any adverse effects or problems faced by importers and manufacturers and hike in price for the consumers.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	152,740.38 147.44M	-1.01% -1551.88
ALLSHR	91,858.47 324.25M	-0.86% -800.10
KSE30	46,223.61 86.89M	-1.45% -681.25
KMI30	219,130.92 66.08M	-1.15% -2553.50
KMIALLSHR	59,625.28 139.61M	-0.93% -562.17
BKTi	42,104.46 39.09M	-2.02% -866.56
OGTi	32,077.87 10.13M	-1.27% -414.19

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	70,155.00	71,480.00 69,440.00	-205.00 -0.29%
BRENT CRUDE	109.55	113.11 105.05	0.90 0.83%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-12.60 -11.25%
ROTTERDAM COAL MONTHLY	123.30	0.00 0.00	0.00 0.00%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	98.09	98.75 92.47	2.54 2.66%
SUGAR #11 WORLD	15.63	15.72 15.27	0.26 1.69%