15 May 2024
The first session of the ‘Tariff Committee’ of current FY1403 was held in the meeting hall of DM for Customs and Revenue under the chairmanship of Mullah Abdul Qahir Haji Idris, Deputy Minister of Customs and Revenue of MoF.
At the beginning of the meeting, the officials of Directorate of Tariff presented a comprehensive analysis of the demands of the traders and industrialists regarding the below-mentioned items, and the members of the ‘Tariff Committee’ held a comprehensive technical discussion on the tariff of some items.
The committee has made the following decisions considering the principle of supporting domestic production, business development and increasing state-revenues, which will be implemented according to the principles of tariff after the approval of the Minister of Finance.
NO
|
ITEM
|
PERCENTAGE OF PREVIOUS CUSTOMS TARIFF
|
NEW TARIFF
|
1.
|
Chocolate
|
20%
|
30%
|
2.
|
Biscuit
|
16%
|
30%
|
3.
|
Cake & Cookies
|
20%
|
30%
|
4.
|
Husk
|
5%
|
8%
|
5.
|
Gillette
|
10%
|
12%
|
6.
|
Fan
|
5%
|
6.5%
|
7.
|
Rectified Coal (for export)
|
5%
|
1%
|
8.
|
Body Spray
|
16%
|
12%
|
9.
|
Concentrated/ Condensed Milk
|
10%
|
30%
|
10.
|
Noodle
|
10%
|
20%
|
Additionally, the normal customs tariff of watermelon was set at 40% and the seasonal tariff was hiked from 60% up to 80% that the seasonal time estimated from 15th of Sawar until the end of the month of Qaws.
Likewise, it was also decided to create ‘National Tariff Codes’ for numerous goods and commodities due to facilitate trading.