Today we are going to share with you the latest update about additional customs duty imposed on several important items. The Federal Board of Revenue (FBR) on Wednesday imposed an additional customs duty of 35 percent on the import of various parts and accessories used in the manufacture of vehicles under various HS Codes.
Imposed Customs Duty Detail:
According to the report issued by FBR, the customs duty will be levied on the import of foam seat parts, heads/armrests, seat frames, air cleaner hoses, and water-cooling system hoses for vehicles falling under specific Pakistan Customs tariff headings. While additional customs duty will also subjected to the import of air cleaner hoses and water-cooling system hoses (except turbo system hoses) for vehicles.
Moreover, He also stated that additional customs duty will also be charged on the import of fan pulleys for cars under specific PCT headings, rear combination / backup lamps, rear turn indicators, plow lamps, reverse/parking lights for cars, ceiling/room lamps, and wiring sets and cable sets for vehicles of specified PCT headings.
FBR Imposed Additional Customs Duty on Other Goods:
On the other hand, the government will impose additional customs duty on the import of brake drums and air vacuum tanks, lever assembly for parking/handbrake for vehicles, built-up drive axle with hub and brake drum for vehicles, and wheel hub. The custom tax will also be applicable on Axles for vehicles and hubs for vehicles and non-driving axles made of brake drums, dust protection caps for wheel hubs and wheel hubs for axles for vehicles, road wheels, rims, discs, Caps, ornaments, and weight vehicles, shock absorbing pins for 4×2 vehicles and aluminum covers plus radiators for certain PCT heading vehicles.
The Federal agency also raised additional custom duty also available on the import of steering wheels (non-foamed) and steering shafts of vehicles and seat parts made of foam for certain PCT headings vehicles.
