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Tag Archives: Govt proposes sharp cuts on 600 raw material tariff lines

Govt proposes sharp cuts on 600 raw material tariff lines


June 8, 2021

ISLAMABAD: The government has approved hefty cuts including exemptions on raw materials under 600 tariff lines to boost import substitutions of consumer industries and promote exports from traditional and non-traditional sectors. The decision will be announced in the budget 2021-22. There are also several other tariff lines that will be considered for lower duty reduction. In the budget 2020-21, the …

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