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The Federal Government can impose limitations or restrictions on regulatory duty on all or any of the imported or exported goods through a notification in the official Gazette. Such limitations or restrictions, according to the First Schedule, [ 1 ] should not exceed 100% of the goods value, as specified under Section 25-1B or Section 25-A.
This is a list of countries by tariff rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Import duty refers to taxes levied on imported goods, capital and services. The level of customs duties is a direct indicator of the openness of an economy to world trade.
Pakistan's exports for the year 2015-2016 stood at US$21 Billion and imports were at US$44.76 billion for the same period. [5] Pakistan's exports increased more than 100% from $7.5 billion in 1999 to stand at $18 billion in the financial year 2007–2008. [6] [7]
The Central Board of Indirect Taxes and Customs handles the customs imports and exports of India. [20] Items prohibited for import: [21] Maps and literature where Indian external boundaries have been shown incorrectly; Narcotic drugs and psychotropic substances; Goods violating any of the legally enforceable intellectual property rights ...
The export market for sports goods is fairly diversified. More and more countries are being added to the list of their imports. In 1990-91 there were in all 50 countries importing these good from Pakistan. Thereafter, the list has continuously expanded so that during the 1992-98 period, Pakistan exported sports goods to 90 countries.
Pakistan’s Federal taxation was originally organised along the lines of Indirect & Direct taxes, resulting in two occupational groups viz. Customs & Excise Group, and Income Tax Group. However, in 2010 the groups were reorganised along the lines of Domestic Duty & Taxes and International Duties & Taxes, which resulted in formation of Pakistan ...