Pakistan Cuts Import Duties

Pakistan Cuts Import Duties

Pakistan Lowers Import Duties on Many Products

The government has announced lower import taxes (called regulatory duties) on many items to support manufacturing, reduce prices, and encourage business.

Changes for Industries and Food:
Industrial sector: Taxes on raw materials used in factories have been reduced.

Animals and fish:

Only 5% duty on animals and chickens used for breeding.

Live fish (like cod) now have a 5% tax.

Frozen fish has a 17.5% tax.

Fish parts (like heads and tails) now have a 5% tax.

Dairy products:

Milk, powdered milk, yogurt, cream, butter, and milk fats now have a 20% tax.

Cheese: 40% tax.

Honey: 24% tax.

Fruits and vegetables:

Canned, boiled, and frozen vegetables: 5% duty.

Dried vegetables and dried bananas: 10% duty.

Dates: 20% duty.

Fresh apples: 24% duty.

Fresh peaches: 36% duty.

Grains:

Wheat flour, maize flour, and corn: 20% duty.

Betel leaf: Rs400 per kilogram.

Other food items:

Cocoa products, pasta, and cornflakes: 20% duty.

Pineapples: 40% duty.

Coffee (bulk imports): 15% duty.

Other goods:

Motor fuel: 10% duty.

Carbon dioxide, magnesium, and nickel: 2.5% duty.

Paint, varnish, and enamel: 5% duty.

Big Changes in Car Import Policy

Finance Minister Muhammad Aurangzeb shared new rules for bringing used cars into Pakistan:

From September 2025, people will be allowed to import cars up to 5 years old with a 40% tax.

People living abroad for at least 700 days can bring these cars under the “baggage scheme.”

Duty Reductions Over Time for Older Cars:

July 1, 2026: Cars older than 5 years allowed; tax reduced to 30%.

July 1, 2027: Tax reduced to 20%.

July 1, 2028: Tax reduced to 10%.

July 1, 2029: Tax will be 0% — no tax at all.

These changes are made to support local industries, bring down prices, and make imported products and cars more affordable for people in Pakistan.