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The government is likely to enhance regulatory duty on the import of different kinds of weapons including pistols and shotguns from existing 15-20 percent to 20-25 percent from December 1, 2015. Sources said that the 15 to 20 percent regulatory duty is applicable on the import of pistols, single barrel, semiautomatic or otherwise; pistols, multiple barrel; muzzle loading firearms; pump action; semiautomatic; shotguns, multiple barrel, including combination guns; single shot; semiautomatic; other arms (for example, spring, air or gas guns and pistols, truncheons), excluding those of Pakistan Customs Tariff heading 93.07; cartridges; cartridges for riveting or similar tools or for captive bolt human killers and parts thereof. It is expected that the RD on the said items would be raised from next month.

Copyright Business Recorder, 2015

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