FBR Withdraws Regulatory Duty On Goods Manufactured From Imported Raw Materials

Federal Board of Revenue (FBR) here on Friday facilitates exporters by withdrawing regulatory duty on (lead) goods manufactured from imported raw materials.

A notification issued by FBR here said that the Federal Government has amended Notification No. SRO-594(I)/2009 dated June 25, 2009.

"Provided that no regulatory duty shall be levied on export of goods produced from the material imported (except locally procured material) under the facility of DTRE as provided under sub-chapter 7 of chapter XII of the Customs Rules, 2001, or the scheme of manufacturing bonds as licensed under chapter XV of the said Rules", the notification added.

This Notification, the FBR said facilitates exporters by withdrawing regulatory duty on (lead) goods manufactured from imported raw materials.