Fully dedicated CNG buses exempted from customs duty.
• Eighteen medicines used for cancer/heart treatment etc. exempted from customs duty.
• Bitumen, JP4&JP8 exempted from duty. Duty rate on base oil for lubricating oils reduced from 20% to 10%.
• Rice seeds, energy saving lamps, dredgers, specified solar energy equipments exempted from customs duty.
• Power plants imported by WAPDA on temporary basis exempted from customs duty.
• Reduction of duty on calcium carbide from 15% to 5%, PTA from 15% TO 7.5%, PSF 6.5% to 4.5%, Caustic soda from Rs.5000/MT to Rs.4000/MT, screens from 15% to 10%, nickel not alloyed from 5% to 0%, Textile buckram from 25% to 10%.
• Duty rates on non-essential & luxury items have been increased. Hence, duty rate on dairy products, fruits, chewing gum, chocolate, processed food, fruit juices, aerated waters, ceramic products, air-conditioners/refrigerators, electric fans, toasters, micro wave ovens, televisions, furniture and lighting equipment etc increased from 25% to 35%. Duty rates on cosmetics increased from 20 -25% to 35%. Duty rate on electric ovens/ cooking ranges etc. increased from 20% to 30%.
• Customs duty @ PKR 500/ per set levied on import of mobile phone.
• Customs duty on betel leaves increased from PKR 150/kg to PKR 200/kg.
• Duty rate increased on sulphonic acid from 10% to 15%.
• Duty rate increased on CKD/SKD of sewing machines from 5% to 20%
• A uniform rate of 30% specified for import of special purpose motor vehicles.
• Increase in duty rates on import of cars/jeeps above 1800cc from 90% to 100%. Fixed duty/tax rates on old and used cars/jeeps increased by 10%.
• The rate of sales tax has been increased from 15% to 16%
• Exemption of sales tax on import and local supply of fertilizers and pesticides
• In order to encourage the farmers to get their crops insured, 5% FED on insurance premium has been exempted.
• Raw materials of Acetic acid have been zero rated.
• To further facilitate the export oriented zero-rated sectors caustic soda flakes/solid, cotton linter and sequins are being zero-rated.
• Enhancement of rate of Federal Excise Duty (FED) from 15% to 16% on goods and services which are subject to FED in VAT mode
• Rate of FED on telecommunication services is being enhanced to 21%.
• Federal excise duty on Cement is enhanced to Rs. 900/- per tonne from Rs. 750/- per tonne.
• Rate of FED on banking, insurance and franchise services is enhancement from 5% to 10%
• Sales tax refund to foreign nationals visiting Pakistan on trade fairs on reciprocal basis.
• Exemption of sales tax on medical equipment, apparatus, reagents, disposables, spares and donations supplied to operating hospitals of 50 beds or more
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