Tax & Duty Reduced on 7000 Imported Items in Pakistan
Islamabad:
In a major relief move at the start of the fiscal year 2025–26, the Government of Pakistan has reduced taxes and regulatory duties on over 7,000 imported items. The Federal Board of Revenue (FBR) has officially issued the notification confirming these changes.
🎯 What’s the Purpose of This Tax Cut?
This major decision aims to:
- Support industrial and agricultural growth
- Control inflation
- Reduce import costs
- Make essential goods more affordable for the public
🌾 Relief for Agriculture & Livestock Sector
The government has slashed duties on many items related to agriculture and livestock:
- Breeding animals: Duty reduced to 5%
- Breeding poultry: Duty fixed at 5%
- Live fish, prawn, quad fish, head, tail, and fish skin: Only 5% duty
🥛 Dairy and Milk Products
- Imported milk, yogurt, powdered milk: 20% duty
- Milk cream, butter, milk fats: 20% duty
- Cheese: Duty reduced to 40%
- Imported honey: 24% duty
🥦 Vegetables, Fruits & Dry Goods
- Canned, boiled, and frozen vegetables: 5% duty
- Dry vegetables and bananas: 5% to 10% duty
- Dates, apples, peaches: 20% to 36% duty
- Wheat flour, refined flour, maize: 20% duty
🍫 Other Food Items
- Betel leaves (Paan): Fixed duty of PKR 400 per kg
- Cocoa powder, paste, butter: 20% duty
- Pasta, corn flakes: 20% duty
- Pineapple: 40% duty
- Bulk-imported coffee: 15% duty
🏭 Industrial & Cosmetic Products
- Motor spirit: 10% duty
- Carbon dioxide, magnesium, nickel: 2.5% duty
- Varnish, paint, enamel, lacquer: 5% duty
- Makeup items: Reduced from 55% to 44%
- Raw material for beauty parlors & hair products: 44%
- Face wash, soap, and similar items: Reduced from 50% to 40%
❓Frequently Asked Questions (FAQs)
When will the new duties come into effect?
These reduced duties are already in effect from the start of fiscal year 2025–26.
Will this benefit regular consumers?
Yes, lower import costs may lead to lower retail prices and better availability of imported goods.
Is the duty reduction the same on all products?
No, different items have different duty rates as outlined above.
Is this a permanent change?
These changes apply to FY 2025–26, but the government may review or revise them in future budgets.
🔚 Conclusion
This tax and duty reduction move could bring significant relief to both businesses and the general public. It’s a strategic step toward economic stability, food affordability, and support for key sectors like agriculture and industry.
If properly implemented, this could lead to reduced prices, increased imports, and ultimately boost Pakistan’s economic health.
Read this: Pakistan Stock Market Hits Record High – KSE-100 Index Surges to 129549 Points | PSX News 2025
Read this: Supreme Court Bar Expresses Concern Over Petrol Price Hike and Sugar Export Plans
