To give an impetus to industry, the finance Minister said that the basic customs duty
on imported flat-rolled products of stainless steel increased from 5 percent to 7.
Precious and Semi-Precious Stones: Customs duty
on preform precious and semiprecious stones has been reduced from 10 per cent to 2 per cent.
I'm sure I'll get good support since most Indians want to revoke the more than 50-year-old law that charges customs duty
on gold based on its weight, not the value," said Shamsudheen, who offers counseling to distressed Indians and has conducted nearly 300 awareness camps across the GCC.
The FBR further said that "black tea" is importable @ 10% customs duty
, 17% sales tax, 5% advance income tax and one percent Special Excise Duty.
is being reduced on vitamin premixes and mineral mixtures from 30 per cent to 20 per cent and on phosphoric acid from 7.
importer Z, it might be possible to use the $100 that Y paid, as opposed to the $130 that importer Z paid, as the basis for customs duty
s Urban Transport Strategy Plan, 1999 are being exempted from customs duty
If evaded customs duty
, he said, was taken at 10 percent and sales tax at 15 percent, the total revenue which the FBR did not collect was close to Rs 112 billion.
Similarly Basic Customs Duty
is being reduced on certain raw materials used in lathe machines from 7.
The meeting has considered the second reading of draft amendments and additions to law on customs tariffs in Kyrgyzstan, aimed at canceling 35% of customs duty
on imported natural gas.
In his maiden Budget presented in the Lok Sabha, Indian finance minister Arun Jaitley has exempted liquefied natural gas (LNG) imports from customs duty
if it is meant for onward sale to the neighbouring nation.
TWO men convicted of smuggling medical supplies worth more than BD20 million into Bahrain to avoid paying Customs duty
have been spared prison.