AIRLINK 75.50 Increased By ▲ 1.00 (1.34%)
BOP 4.73 No Change ▼ 0.00 (0%)
CNERGY 4.18 Increased By ▲ 0.04 (0.97%)
DFML 40.12 Increased By ▲ 0.77 (1.96%)
DGKC 88.80 Increased By ▲ 3.90 (4.59%)
FCCL 22.99 Increased By ▲ 1.09 (4.98%)
FFBL 30.47 Increased By ▲ 0.26 (0.86%)
FFL 9.23 Decreased By ▼ -0.02 (-0.22%)
GGL 10.14 Decreased By ▼ -0.26 (-2.5%)
HASCOL 6.20 Decreased By ▼ -0.13 (-2.05%)
HBL 106.50 Decreased By ▼ -1.75 (-1.62%)
HUBC 140.10 Decreased By ▼ -0.15 (-0.11%)
HUMNL 10.59 Increased By ▲ 0.29 (2.82%)
KEL 4.77 Decreased By ▼ -0.03 (-0.63%)
KOSM 4.39 Decreased By ▼ -0.03 (-0.68%)
MLCF 38.40 Increased By ▲ 0.90 (2.4%)
OGDC 123.60 Decreased By ▼ -1.04 (-0.83%)
PAEL 24.62 Increased By ▲ 0.18 (0.74%)
PIBTL 6.10 Decreased By ▼ -0.10 (-1.61%)
PPL 114.30 Decreased By ▼ -2.10 (-1.8%)
PRL 24.06 Decreased By ▼ -0.54 (-2.2%)
PTC 13.05 Decreased By ▼ -0.08 (-0.61%)
SEARL 59.60 Increased By ▲ 3.61 (6.45%)
SNGP 61.80 Decreased By ▼ -1.18 (-1.87%)
SSGC 9.66 Decreased By ▼ -0.21 (-2.13%)
TELE 7.85 Decreased By ▼ -0.14 (-1.75%)
TPLP 10.07 Increased By ▲ 0.14 (1.41%)
TRG 65.20 Increased By ▲ 0.70 (1.09%)
UNITY 26.90 Increased By ▲ 0.24 (0.9%)
WTL 1.34 Increased By ▲ 0.02 (1.52%)
BR100 7,694 Decreased By -23.6 (-0.31%)
BR30 24,691 Decreased By -86.7 (-0.35%)
KSE100 73,754 Decreased By -108.9 (-0.15%)
KSE30 23,617 Decreased By -74.6 (-0.31%)

The Central Board of Revenue (CBR) has imposed statutory rate of custom duty on the import of CNG Hydraulic Compressor, CNG dispenser with certain specifications and switches, plugs, lamp holders and H.T. circuit breakers.
The CBR has issued customs general order (CGO) 2 of 2004 here on Thursday to amend the "list of locally manufactured items" of CGO 12 of 2002.
Sources said that the local industry has achieved the capability to manufacture these items, which would now be liable to standard rate of duty as specified in the Pakistan Customs Tariff (PCT). However, statutory rate of import duty would only be applicable on items with specifications given in CGO 2 of 2004.
According to CGO 2, statutory rate of custom duty will be applicable on the import of CNG Hydraulic Compressor (Model Red Wood 300), rated capacity, 400 m3/hr, supply pressure, 5 psig min to 30 psig max; CNG dispenser (Model Retrofit) with specific rated power, voltage/frequency, working pressure and other specifications.
Statutory rate of custom duty will be applicable on the import of HR fuses distribution fuse boards medium voltage circuit breakers except SF6; isolating switches; lightening arrestors; switches, plugs, lamp holders, relay sockets junction boxes etc (of household type excluding industrial types) except load break switches and unit switches.
Other items include H.T. circuit breakers (switch gear) panels up to 2500 A & 24000 volts, load break switch panel, LT switch-gear panels up to 690 volts and lighting/power distribution boards, control signalling and relay penal for grid stations, rectifier panel up to 200 Amps.

Copyright Business Recorder, 2004

Comments

Comments are closed.