ISLAMABAD: Federal Board of Revenue (FBR) has extended the period of concessionary regime for locally manufactured goods till June 30, 2019.
The FBR issued Customs General Order (CGO) No. 04/2018 stating that the list of locally manufactured goods will be applicable till one more year till June 30, 2019 instead June 30, 2018.
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The FBR issued the list of locally manufactured goods on April 19, 2017 through CGO 02/2017 after consultation with Engineering Development Board (EDB) and other stakeholders. The goods imported by manufactures are allowed exemptions and concessions on condition that such goods are not locally produced.
