He tweeted, 'For example, an American car going to China pays 25% import duty
, but a Chinese car coming to the US only pays 2.
KARACHI -- The Sindh High Court's (SHC) decision on scrapping the import duty
on about 356 goods has drawn mixed reaction from the business community.
New Delhi: Ahead of the Union Budget, the stainless steel industry has asked the government to remove import duty
on ferro-nickel and stainless steel scrap.
According to details, one category - for which import duty
was Rs 1,000 - has been reduced to Rs 650.
ISLAMABAD -- Parliamentary Secretary for Finance, Revenue, Economic Affairs Statistic and Privatization Rana Muhammad Afzal on Tuesday informed the National Assembly that the government is not considering to abolish import duty
Summary: Mumbai (Maharashtra) [India], Nov 21 (ANI-BusinessWire India): Dinesh Shahra, Managing Director and CEO, Ruchi Soya Industries Limited welcomed the recently announced increase in import duty
on crude and refined edible oils, terming it a transformation step by the Government.
5 percent import duty
as opposed to zero on solar modules, said Sunil Jain, chief executive officer of Hero Future Energies Ltd.
President Rodrigo Duterte has signed several executive orders modifying the rates of import duty
or tax on various products and equipment.
All Pakistan Textile Mills Association (APTMA) Sindh-Balochistan Zone has appealed to the government for the removal of 4% import duty
on raw cotton as the local crop is estimated to be not more than 11.
Rimmer guides readers through the highly complex value added tax (VAT) and import duty
issues for importers, exporters, and businesses transacting across the European Union.
But for the last two years, its growth has turned negative as the industry heavily loaded with the extent and depth of tax regime's severity by 16% duty (10% regulatory duty, 1% import duty
and 5% normal import duty
) on one-day old chicks imported for grand parenting.
The symposium also recommended enhancing import duty
on fresh, frozen, chilled and processed chicken meat and value-added products to support local poultry farming.