Pakistan: Pakistan’s Federal Board of Revenue (FBR) has imposed 10% customs duty on the import of grain-oriented electrical steel used in the manufacture of transformers and other products.

10% duty on GOES imports applicable from 1 July

Pakistan: Pakistan’s Federal Board of Revenue (FBR) has imposed 10% customs duty on the import of grain-oriented electrical steel used in the manufacture of transformers and other products.

FBR has thus amended the decision dated 5 June 2006 through the new decision issued last week.

The revised duty rates will be applicable from 1 July 2016.

Source: Business Recorder