FBR Massively Reduces Import Duties on Cars, Food, and Other Items

The Federal Board of Revenue (FBR) Monday issued customs notifications to reduce regulatory duties and Additional Customs Duties (ADCs) on the import of thousands of items under customs tariff rationalization plan from July 1, 2025. The FBR has issued SRO.1151(I)/2025 and SRO.1152(I)/2025 on Monday. The SRO.1151(I)/2025 is related to the levy additional customs duty on import of goods and SRO.1152(I)/2025 deals with the imposition of regulatory duty on imported items. The RDs have been reduced on the import of 1,022 items. The additional customs duty would be applicable on the import of specified goods. No RD will be applicable on the import of goods covered under customs duty slabs of zero percent, 5 percent and 10 percent.