Thursday, 21 November 2024
Trending
Withdrawal of Customs Duty on Import of Cotton Yarn
TAXATION

Withdrawal of customs duty on import of cotton yarn S.R.O533(I)/2021

Federal Board of Revenue (FBR) vide S.R.O. No. 533(I)/2021 dated: 5th May, 2021. In exercise of the powers conferred by section 19 of the Customs Act, 1969 (IV of 1969), the Federal Government is pleased to exempt the whole of customs duties leviable on import of goods specified in column (2) of the Table below falling under PCT headings specified in column (3) of the said Table, namely :-

S. No.DescriptionPCT Code
(1)(2)(3)
1Cotton Yarn (other than sewing thread), containing 85% or more by
weight of cotton, not put up for retail sale
52.05
2Cotton Yarn (other than sewing thread), containing less than 85% by
weight of cotton, not put up for retail sale
52.06
3Cotton Yarn (other than sewing thread) put up for retail sale52.07
Withdrawal of customs duty on import of cotton yarn S.R.O533(I)/2021

This notification shall remain in force till 30th June, 2021.

tax accounting services top tax consultants lahore pakistan
Ads:

Withdrawal of Customs Duty | Customs Duty | Cotton Yarn | FBR | Federal Board of Revenue |

See also  Tax Year 2021 Active Taxpayers’ List to be Published on 1 March 2022
Newsletter
Subscribe Now

Sign up for  Daily Digest and get the best of News for you.

[contact-form-7 id="11414" title="Contact form 1"]

Tax.net.pk - Your Tax Experts and Consultants

Welcome to Tax.net.pk

Providing Expert Tax Services for Individuals and Businesses

About Us

At Tax.net.pk, we are dedicated to providing comprehensive tax solutions tailored to meet the needs of individuals and businesses. With years of experience in the industry, our team of tax experts is equipped to handle various tax matters, including tax planning, preparation of tax returns, and compliance.

We strive to stay up-to-date with the latest tax laws and regulations, ensuring that our clients receive accurate and reliable advice. Our commitment to client satisfaction and our in-depth knowledge of the tax landscape make us the trusted choice for all your tax-related needs.

Contact Us

For inquiries or to schedule a consultation, please reach out to us: