Thirteen items: import duty exempted

The Federal Board of Revenue (FBR) has exempted customs duty and additional customs duty on the import of 13 items including cotton, artificial staple fibre and other types of cotton during January 17, 2016 and June 30, 2018. In this regard, the FBR has issued SRO no 38(I)/2017 and SRO No 39(I)/2017 here on Monday.
According to SRO No 39(I)/2017, the FBR has exempted duty on the import of (PCT Code 52.01) cotton, not carded or combed; (PCT Code 52.03) cotton, carded or combed; (PCT Code 5503.1100) of aramids; (PCT Code 5503.1900) other; (PCT Code 5503.3000) Acrylic or modacrylic; (PCT Code 5503.4000) Of polypropylene; (PCT Code 5503.9000) Other; (PCT Code 5504.1000) Of viscose rayon; (PCT Code 5504.9000) Other; (PCT Code 5506.1000) Of nylon or other polyamides; (PCT Code 5506.3000) Acrylic or mod acrylic and (PCT Code 5506.9000) other and (PCT Code 5507.0000) Artificial staple fibres, carded, combed or otherwise processed for spinning.
The notifications shall be effective from January 16, 2017 till June 30, 2018. Through SRO No 38(I)/2017, the FBR has exempted 13 items from payment of additional customs duty on the import of 13 items including imports of goods classifiable under PCT codes 52.01, 52.03, 5503.1100, 5503.1900, 5503.3000, 5503.4000, 5503.9000, 5504.1000, 5504.9000, 5506.1000, 5506.3000, 5506.9000 and 5507.0000.