ISLAMABAD: Following are the salient features of custom duty and regulatory duty measures proposed by the government for FY 2019-20

–     To standardize printing and preservation of Holy Quran, import of good quality duty  free art paper is being allowed.

–     Exemption of Custom Duty (CD) on 18 medicinal inputs/items

–     Exemption of CD on Modular/ Particle Free Operation Theatre

–     Exemption of CD on medicines for certain rare diseases

–     Incentive to promote tourism by reducing duty on pre-fabricated structures for hotels

–     Incentivizing local industry

–     Exemption of CD on more than 1650 raw materials/industrial inputs

–     Reduction of CD on writing and printing papers

–     Exemption of CD on Raw- materials of paper industry

–     Exemption of CD on import of  wood

–     Reduction of CD on glass board for LED panel manufacturing

–     Reduction of CD on input goods for paper based liquid food packaging industry

–     Reduction of CD on acetic acid

–     Reduction of CD on non-woven fabrics

–     Exemption of CD on machinery parts/ accessories for textile sector

–     Exemption of CD on elastomeric yarn

–     Rationalization of CD on aluminium beverage cans and inputs thereof

–     Exemption of CD on raw material for hemodialyzers used by kidney patients

–     Tariff  rationalization on home appliance sector

–     Reduction of CD on base oil as input for coning oil, white oil and other textile oils

–     Reduction of CD on raw material for manufacturing of pre-sensitized printing plates

–     Exemption of CD on preparations for metal surfaces as input for solar panels

–     Exemption of CD on foundation cloth

–     Reduction of duty on wooden sheets for veneering

–     Reduction of CD on oxalic acid

–     Reduction of CD on raw material of powder coating industry

–     Reduction of CD on raw material for paper sizing agents

–     Reduction of CD on bobbins and spools of paperboard

–     Exemption of CD for hydrocracker industry for oil refining

–     Rationalization of tariff structure for SIM card manufacturing industry

–     Reduction of Regulatory Duty (RD) on mobile phones

–     Reduction of RD on smuggling prone items and other industrial inputs

–     Reduction of RD on tyres

–     Increase in rate of additional customs duty for non-essential items

–     Withdrawal of exemption on import of  LNG