ISLAMABAD, Aug 28: The government on Saturday revised the customs duty on about 30 items to do away with various anomalies in budget 2004-05.
The decision has been taken on the recommendation of the Budget Anomalies Committee, which had examined all cases sent by the local industries during a meeting held recently.
The amendments were introduced in the budgetary notifications of SRO456 and SRO457 through fresh notifications released here on Saturday.
Through the notification, the government exempted mobile CKD kits phones for assembly of mobile phones from whole of customs duty if imported by local assemblers, manufacturers duly approved by the government of Pakistan. The government also exempted the import of viscose staple fibre from the whole of customs duty.
Similarly, customs duty exempted on import of oxygenator with accessories and computer parts - processor, mother board, hard drive, CD rom, floppy disk drive, key board, mouse, flash drive, ram, VGA, built in modem.
The government has withdrawn the facility of allowing the private sector to import wheat; allowed open import of crude palm oil if imported by fully operational crude palm oil refineries as per conditions laid down in notification no SRO456 of 2004; reduced customs duty to 5 per cent on import of discs for agriculture ploughs.
The customs duty has been reduced to 10pc on import of coffee and green tea; 5pc on coal; 10pc on solutions, dispersions other than those of sub-heading 4005.1000; 5pc on tubes of tyres of trucks and buses; 5pc on aluminium scrap; 5pc on blow moulding machine; 5pc on cigarettes making machinery.
Through another notification, the duty reduction announced in the budget on import of cement coal has been withdrawn; reduced customs duty to 5pc on liquid lustre; reduced customs duty to 5pc on import of tube aluminium light sheet caps and brass pin, if imported for the manufacture of tube lights caps by the recognized manufacturers
The duty reduction announced in the budget of 2004-05 on import of surface active agents has been withdrawn and customs duty increased from 10pc to 15pc on import of paper sack for cement industry (sack kraft paper).
The customs duty has been reduced to 5pc on import of polypropylene granules, thickeners nylon textured yarn, woven and non-woven fabrics of synthetic filament yarn (backing); theimport duty was reduced to 10pc on BCF nylon yarn and BCF polypropylene textured yarn.
The import duty has been reduced to 10pc on artificial leather industry - polyurethane resin, pvc emulsion grade release paper; 5pc on metallic yarn (epoxy amino resin); 20pc on rubber V-belt (polyester cable cord) and 5pc on digital ratio system for access and mobile network (parts which are to be used solely or principally with the apparatus of heading 85.25 to 85.28).