Duty on various POL products abolished

15 Jun, 2008

The Federal Board of Revenue has proposed to abolish customs duty on the import of bitumen and different petroleum products. According to new Pakistan Customs Tariff (PCT) 2008-2009.
It has been proposed to abolish customs duty on the import of light diesel oil (2710.1921); kerosene (2710.1911); petroleum bitumen (2713.2000); Bituminous or oil shale and tar; sands (2714.1000); other bitumen (2714.9000); bitumen (mixture based on natural asphalt) (2715.0000); JP4 and JP8; base oil for lubricating oil (2710.1993) and one percent surcharge has been withdrawn on furnace oil.

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