FBR exempts duties, taxes on Remdesivir

Published June 23, 2020
An ampule of drugmaker Gilead's remdesivir is pictured during a news conference at the University Hospital Eppendorf (UKE) in Hamburg, Germany, April 8, 2020. — Reuters/File
An ampule of drugmaker Gilead's remdesivir is pictured during a news conference at the University Hospital Eppendorf (UKE) in Hamburg, Germany, April 8, 2020. — Reuters/File

ISLAMABAD: The Fed­eral Board of Revenue (FBR) on Monday exempted customs duty, additional customs duty and withholding tax on import of finished drug and injectable vial of Remdesivir 100mg used for Covid-19.

The decision was implemented through the issuance of two notifications titled SRO557 and SRO558.

Through another SRO556, the FBR exempted customs duty, additional customs and regulatory duty on import of 61 medical and testing equipment used for the Covid-19 till Sept 30.

The government through SRO555 exten­ded the exemption of sales tax on import and supply of these 61 items.

Published in Dawn, June 23rd, 2020

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Enrolment drive
Updated 10 May, 2024

Enrolment drive

The authorities should implement targeted interventions to bring out-of-school children, especially girls, into the educational system.
Gwadar outrage
10 May, 2024

Gwadar outrage

JUST two days after the president, while on a visit to Balochistan, discussed the need for a political dialogue to...
Save the witness
10 May, 2024

Save the witness

THE old affliction of failed enforcement has rendered another law lifeless. Enacted over a decade ago, the Sindh...
May 9 fallout
Updated 09 May, 2024

May 9 fallout

It is important that this chapter be closed satisfactorily so that the nation can move forward.
A fresh approach?
09 May, 2024

A fresh approach?

SUCCESSIVE governments have tried to address the problems of Balochistan — particularly the province’s ...
Visa fraud
09 May, 2024

Visa fraud

THE FIA has a new task at hand: cracking down on fraudulent work visas. This was prompted by the discovery of a...