LAHORE: Importers of air guns have demanded reduction in customs duty and other taxes on import of air guns.
At present, government levies 30% customs duty, 20% regulatory duty and 17 % sales tax and withholding tax. It comes to around 90% of duties and taxes which is on very higher side, said Javed Malik a representative of air guns and accessories importers of Pakistan.
“We request the authorities concerned to differentiate between fire arms and air arms. Air gun is not a fire arm and it does not operate on explosives. It operates on compressed air, therefore it is a green arm and environment-friendly weapon,” he added.
Imported phones taxed at 54%, locally assembled devices at 25%, NA committee told
ISLAMABAD: The National Assembly Standing Committee on Finance has raised concerns over the high tax burden on mobile phones and...
