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What is the custom duty rate in Pakistan?

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What is the custom duty rate in Pakistan?

Step 2: Know your Duty Structure!

Customs Duty 20%
Additional Customs Duty 7%
Regulatory Duty 10%
Sales Tax 17%
Additional Sales Tax * 3%

How is custom duty calculated in Pakistan?

You can calculate the sales tax of the imported goods by adding the calculated amounts of customs value, customs duty, and additional customs duty.

  1. Customs Value in PKR = 2937254.
  2. Regulatory Duty in PKR = 587451.
  3. Customs Duty in PKR = 587451.
  4. Addition Customs duty in PKR = 29373.

How can I get custom clearance in Pakistan?

Import Clearance Procedure in Pakistan – (Process Flow)

  1. The arrival of the Import Cargo in the Customs Ports (Issued IGM In System)
  2. Collect Required Import Documentation For Customs Clearance.
  3. Create Import Goods Declaration in WeBoc System.
  4. Pay Customs Duty and Other Taxes in Bank.

How much is import tax on a car in Pakistan?

FBR updates rates of duty, tax on import of vehicles

Sr. No Automotive vehicles of Asian makes meant for transport of persons. Duty and taxes in US$ or equivalent amount in Pak rupees.
1 Up to 800cc US$4800
2 Up to 801-1000cc US$6000
3 From 1001 – 1300cc US$13200
4 From 1301 – 1500cc US$18590

How are customs charged?

Customs duties are imposed by the Customs and Excise Act 91 of 1964. They are levied on imported goods with the aim of raising revenue and protecting the local market. They are usually calculated as a percentage of the value of the goods (set in the schedules to the Customs and Excise Act).

What is custom clearance fee?

Air freight Export: customs clearing charges: Up to 100 kg – Rs.3000 including pick within City. Up to 250 kgs- Rs.4000 including pick up within City. Up to 1 ton – Rs.6000 including pick within city. Up to 3 ton – Rs. 8000 including pick up within City.

How long does customs clearance take in Pakistan?

Elaborating on the fast clearance system, Secretary CBR Hafeez Mughal said that earlier the average Customs clearance time was 10 hours but now under the new system 50 per cent of the import cargo is cleared in less than four hours.

How is custom car calculated in Pakistan?

Import Duty of Cars In Pakistan

  1. For 660cc to 800cc custom will be the same.
  2. From 801cc to 1000cc custom duty will be equal.
  3. From 1001 to 1300cc custom duty will be the same.
  4. From 1301cc to1500cc custom duty will be charged equal.
  5. From 1501cc to 1600cc custom duty will be the same.

What is the custom duty in Pakistan for cars?

Percentage of duty on cars There is a 50 percent duty on the import of new cars up to the capacity of 1300cc engine displacement, 65 percent duty is charged on the import of cars up to 1800cc and 75 percent duty has to be paid against the import of cars above 1800cc engine displacement.

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