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No duty, taxes on imports for exports sector from Aug 14
July 11, 2021
ISLAMABAD: The government will exempt raw material and other imports intended for manufacturing of exportable goods from duty and taxes from next month under the new export facilitation scheme, the Federal Board of Revenue (FBR) said.
The FBR issued a draft of rules for the new export facilitation scheme 2021 and called for comments from industry, exporters and other stakeholders.
The government approved the new export facilitation scheme, which will be implemented from 14th August 2021 and will run parallel with existing schemes like manufacturing bond, DTRE [duty and tax remission for exports] and export- oriented schemes for two years,” the FBR said in a statement. “The existing old schemes shall be phased out in the next two years and will be fully replaced by the export facilitation scheme-2021. Draft rules can be accessed at the official website of FBR.” ....

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