Global Trade Alert
Global Trade Alert

Pakistan: Trade implications of the 2015-16 Budget

Announcement

01 Jul 2015

In July 2015, the government of Pakistan announced a targeted tax change.

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Number of interventions

5

3 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

01 Jul 2015

Revocation date:

No revocation date

Updated: 01 Jul 2015
Import tariff In force

The following customs duty reductions have been made on imports -

  • Maximum general slab of customs duty has been reduced from 25% to 20%
  • Sales tax and import duty exemption ...
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Updated: 01 Jul 2015
Export-related non-tariff measure, nes In force

To develop the economy of the Khyber Pakhtunkhwa region, exports of perishable food itmes is allowed against Pakistani currency instead of dollars.

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Implementation date

01 Jul 2015

Revocation date:

No revocation date

Updated: 01 Jul 2015
Import tariff In force

The import duty on fresh and dry fruits imported from Afghanistan is being increased from 5% to 10%.

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Updated: 01 Jul 2015
Import tariff In force

The customs duty on imports have been increased on the following products - 

  • On coal from 1% to 5% and on Portland cement from 1% to 20%
  • On parts of grinders, mixers, ...
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Implementation date

01 Jul 2015

Revocation date:

30 Jun 2020

Updated: 01 Jul 2015
Tax or social insurance relief

Exemptions from income tax payments have been provided in the below cases. These tax exemptions are discriminatory as they artificially reduce prices of domestic goods as compared to imported goods...

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