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Tag Archives: Abolition of customs duty on crude oil

Abolition of customs duty on crude oil, HSD imports likely


March 28, 2022

ISLAMABAD: Amid rising oil prices, the government is expected to abolish customs duty on crude oil and high-speed diesel (HSD) imports to contain inflationary pressures. Informed government sources told Dawn that the finance and petroleum ministries, the Oil and Gas Regulatory Authority (Ogra), the Federal Board of Revenue (FBR), oil refineries and oil marketing companies were examining the proposal. Customs duty is …

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