Tariff Anomaly

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Tariff Anomaly

A situation in which the tariff on raw material imports is higher than the tariff on finished products made from those raw materials. Tariff anomalies are unusual and may encourage import of finished products, which may hurt manufacturing in the importing country.
References in periodicals archive ?
President KATI Zahid Saeed spoke of the issues relating to customs valuation, tariff anomalies, no duty drawback to pharmaceutical products (medicines) on exports.
KARACHI -- Chairman, All Pakistan Paper Merchants Association (APPMA) Muhammad Saleem Memon urged the Chairman Federal Board of Revenue (FBR) to rectify the tariff anomalies and save an industry, which can earn substantial foreign exchange for Pakistan while decreasing the import bill of Pakistan.
Tariff anomalies on import of certain goods are being removed.
ISLAMABAD, October 26, 2011 (Balochistan Times): A public hearing regarding tariff anomalies to Manufacturing Sanitary Fittings is scheduled to be held here on November 17 at 11.
In the light of recommendations of the Tariff Anomalies Committee, the ECC approved imposing 5% regulatory duty on the import of pigment thickener (PCT 3906.
ISLAMABAD, July 12, 2011 (Balochistan Times): The National Tariff Commission (NTC) will hold a public hearing on August 2 here in order to determine the tariff anomalies regarding Falcon Abrasives Private Limited which has approached the Commission for reduction of customs duty and sales tax on import of its raw materials.
Muneer said that tariff anomalies would hit hard the manufacturing sector and might force even closure of a number of units.