Increased regulatory duties on imported produce in Finance Bill 2024

The Finance Bill 2024 has introduced adjustments in regulatory duties on various imported commodities, with the rates now ranging between 5 percent and 55 percent. Specifically, the legislation mandates a 25 percent duty on the import of dates, figs, pineapples, guavas, and mangoes. Additionally, cherries will be subjected to a 35 percent duty, while apples and lychees will incur a 45 percent duty. Imported maize has been set at a 30 percent duty rate.

Source: propakistani.pk