ISLAMABAD: Federal Board of Revenue (FBR) has exempted the additional customs duty leviable as surcharge as is in excess of 0.25 percent of the value on the imported goods warehoused under the Safe Transportation Scheme in terms of Customs General Order (CGO) 12 of 2002.
To exempt the additional customs duty the FBR issued SRO 580(I)/2017 on Monday. The CGO provides safe transportation of liquid bulk cargo from private/public bonded warehouses to inland customs bonded warehouses.
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday directed the relevant authorities to accelerate the privatisation process of electricity distribution companies...
ISLAMABAD: The federal government will present the Budget 2026-27 in the National Assembly on June 12, Parliamentary Affairs Minister Tariq...
ISLAMABAD: Pakistan’s food security and industrial development sectors have received significantly lower allocations than requested in the proposed Federal Budget...
ISLAMABAD: The Federal Board of Revenue (FBR) has initiated a comprehensive scrutiny of foreign travel history and foreign nationality status...
