FPCCI seeks input on Regulatory Duty

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

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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.

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