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The Federal Board of Revenue (FBR) has abolished 60 percent Regulatory Duty (RD) on the import of wheat from February 19, 2020.

The FBR has issued SRO.119(I)/2020 to amend the SRO.680(I)/2010 (regulatory duty related notification) here Monday.

The RD would not be collected on the import of wheat till March 31, 2020, the notification added.

Copyright Business Recorder, 2020

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