CUSTOMS DUTY ON PHOSPHATE ROCK EXEMPTED
|The Federal Government has exempted 5% customs duty on phosphate rock, ground, PCT heading 2510.2000 by issuing SRO 333 dated 02-04-2008 amending SRO 567(1)/2006 dated 05-06-2006.
This measure has been taken to mitigate difficulties being faced by the fertilizer manufacturers in the country. It will also help reduce the cost of production of this sector which will in-turn help stabilize prices of fertilizer in the country.
Muhammad Hafeez Mughal
Apr 05, 2008