TradePost Archives > September 3, 2008 > this article

Pakistan raises import tariffs on luxury items

September 2, 2008
World Trade\Interactive

Pakistan’s Daily Times newspaper reported last week that the Federal Board of Revenue has imposed regulatory duties of five to 50 percent on imports of nearly 400 “non-essential and luxury items.” Goods affected include “luxury vehicles with an engine capacity of 1800cc and above, fresh fruit and vegetables, consumer electronics, cosmetics, non-industrial machines and non-prohibited arms and ammunition,” the article said. The new duties will be levied on top of the normal 30-35 percent customs duty. This action will also “increase other taxes such as the general sales tax, the withholding tax and the federal excise duty,” the article added, “because all these taxes are calculated following the imposition of the customs duty on imports.”