ISLAMABAD: The Federal Government has increased the regulatory duty on imported items. During the Mini Budget presented by Finance Minister, regulatory duty has been increased on several items.
Most affected by the tax hike are food and electronics categories.
Govt Drops a Tax Bomb on Imported Items
New Regulatory Duty on Imported Items
| Milk and Cream | 25% |
| Yogurt | 20% |
| bicycle | 10% |
| Cheese | 50% |
| Honey | 30% |
| Sim Cards | 5% |
| Fruits & Vegetables | 10% |
| Coconuts & Dry Fruits | 25% |
| Cake Flour | 25% |
| Soji | 25% |
| Noodles | 25% |
| Cherry & Peach | 45% |
| Chocolate & Pastry | 20% |
| Biscuit & Cake | 20% |
| Perfumes / Makeup / Shaving Item | 50% |
| Pineapples | 40% |
| Juices | 60% |
| Ice Cream | 20% |
| Mineral Water | 30% |
| Cigarette | 30% |
| Leather Products | 30% |
| Ceramics | 40% |
| Shoes | 40% |
| Electric Appliance | 30% |
| CKD Kits | 40% |
| LCD & LED | 40% |
It must be noted that the taxes are applied on imports and the food items produced with-in the country will not be affected.
The federal government has also proposed to charged Rs. 400/kg for Paan Leaves.
Finance Minister said that the increased tax doesn’t affect poor or median household. He said that only rich could afford buying imported food items.
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