Regulatory duty on raw iron, steel imports extended until March 31
FBR set 10% regulatory duty on raw iron in January
The regulatory duty on importing raw iron and steel has been extended until March 31, as announced by the Federal Board of Revenue (FBR).
Importers indicate that prices have surged by Rs11,000 per ton since January, attributed to this duty.
The FBR has set a 10% regulatory duty on raw iron and a 5% duty on steel products.
Read more
Traders now report that the cost of raw iron and steel has climbed to Rs262,000 per ton.
For the latest news, follow us on Twitter @Aaj_Urdu. We are also on Facebook, Instagram and YouTube.
FBR
iron
Federal Board of Revenue
steel
Related Stories
PSX opens lower as KSE-100 index faces early selling pressure
Gold prices plunge in local, international markets
Govt to shut down 1,000 more utility stores this month under downsizing
PSX suffers early losses amid economic uncertainty, dollar edges higher
IMF lowers Pakistan’s GDP growth projection to 2.6% for FY 2025
Fitch projects gradual depreciation of Pakistani Rupee
Most Popular
Comments are closed on this story.