- Tobacco products see a service reduction up to 40%.
- The regulatory duty on SIM cards now amounts to 12%.
- SUVs see 44% oblique bars depending on regulation.
Islamabad: The federal government has reduced regulatory duties on imported items, including luxury cars, food, mobile phone cards and other goods, according to a notification issued by the Federal Board of Return (FBR) on Wednesday.
The revised tax rates entered into force on July 1.
President Asif Ali Zardari said the Bill 2025 Bill on the Prime Minister’s opinion under article 75 of the Constitution on June 30.
Following the president’s assent, the 2025 finance law was informed. On June 26, the National Assembly adopted the finance bill, 2025 with certain amendments.
According to the notification, regulatory duties on mobile phone SIM cards increased from 15%to 12%, while rights on new cars and mini-duties have been reduced by a third party, which brought it back to 10%.
For imported SUVs, the law has been reduced by 44% to 50%, read the notification.
Likewise, in the food sector, regulatory duty on poultry and fish was reduced to 5%. The obligation on bird eggs increased from 15% to 10% and pet food for cats and dogs now faces a 40% function after a reduction of 5%.
In addition, tobacco products have experienced a major operating reduction up to 40%.
The federal government has also reduced functions on figs, pineapple, lawyers, guava and 20%mangoes. Papays and apples will now lead to an obligation of 36%, against 45%, will read the notification.
The regulatory rights on general nuts have been reduced by 4%, and the obligation on frozen fish has been reduced by two to 17.5%. Imports of cheese and yogurt will now face an obligation of 50% after a reduction of 10%, indicates the notification.