Robert Goulder comments on the practice of duty drawbacks and a proposal in the One Big Beautiful Bill Act to limit their ...

Muhammad Saqib Goodluck, chairman of The Pakistan Yarn Merchants Association (PYMA), has raised significant concerns regarding various duty structures and policy ambiguities presented in the federal ...

The National Board of Revenue (NBR) has announced a series of tax reforms and adjustments in the national budget for FY202526, with major changes to income tax, VAT, and customs duties.

Global manufacturers are rethinking their products design, looking to tap into a lesser-known legal technique known as ...

The Tribunal clarified that Section 14 of the Customs Act and the Valuation Rules are intended solely for determining the assessable value for duty purposes, not for re-determining the transaction ...

read with rules 18 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government, ...

However, Customs data shows that most of these imports were already duty-exempt through end-use relief programs. “Of the $360,000 of imports in this category last fiscal year, only $103,000 was ...

The Pakistan Plastic Manufacturers Association (PPMA), the premier body representing over 300 plastic manufacturers across the country, has submitted a comprehensive set of budgetary proposals to ...

Nigerian Customs Service, NCS, has rescinded its decision to ground about 60 foreign registered private jets operating in the country over alleged default on import duty. The development was ...

What happened in September last year? That’s when the government increased the basic customs duty on various edible oils (crude and refined) to protect domestic producers from cheap imports and ...

In a significant policy shift aimed at curbing retail prices and protecting domestic refiners, the Indian government has halved the customs duty on crude palm oil, soybean oil, and sunflower oil.