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Pakistan To Re-Impose Additional Taxes On Cotton Imports

by Mary Swire, Tax-News.com, Hong Kong

30 May 2017


The Government of Pakistan has announced that it will be reinstating a four percent customs duty and five percent sales tax on cotton imports from July 15.

In January, sales tax and customs duties were removed on cotton for the production of textiles and associated machinery.

The move is expected to bring in PKR10bn (USD95.3m) in revenue and is intended to support local industry.

TAGS: Pakistan | tax | sales tax | export duty | law | import duty

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