pakistan
Pakistan cuts customs duties on 7,500 industrial raw materials, machinery items
Key takeaways
- As per the bill, customs duties on more than 7,500 items used as industrial raw materials, machinery, and components have been revised.
- The government has reduced customs duty on 92 tariff lines, cutting rates from 20 percent to 15 percent and 10 percent.
- Additional customs duty on 449 tariff lines has been reduced from 6 percent to 4 percent, while on 2,107 tariff lines it has been reduced from 4 percent to 2 percent.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize ISLAMABAD: The government has announced a major reduction in customs tariffs under the Budget 2026-27, providing relief to industries by cutting duties on thousands of raw materials, machinery, and spare parts, according to the Finance Bill.
As per the bill, customs duties on more than 7,500 items used as industrial raw materials, machinery, and components have been revised.
The government has reduced customs duty on 92 tariff lines, cutting rates from 20 percent to 15 percent and 10 percent.
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