National Board of Revenue has extended duty benefits on import of some additional fire safety equipment and chemicals for export-oriented readymade garment industries.
Customs wing of the revenue board on Monday issued a statutory regulatory order amending the previous SRO in this connection.
According to the amended SRO, apparel makers will enjoy duty benefits on import of cold fire, fire fighting agent, extinguishing agent, empty CE stainless water fire extinguisher, cold fire tactical loop, tactical loop hole can and sprinkler system and equipment.
Of the items, some are equipment and some are preparations and charges for fire extinguisher, charged fire-extinguishing grenades.
The duty rates on import of the products were ranging from 12.73 per cent to 60.73 per cent.
Now, importers will have to pay only 5 per cent customs duty on import of these items as NBR, earlier on June 2017, waived additional duty including regulatory duty, value-added tax and supplementary duty on import of the items.
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