Exporters can import raw materials duty-free
Islamabad: The federal government has decided to conditionally allow exporters of goods to import raw materials, machinery and equipment without paying duties and taxes under the export facilitation programme. Exporters should obtain approval from the collective enterprise to import raw materials, machinery and equipment. They will be able to import machinery and equipment worth up to 50% of the annual export value. For import of raw materials for export contracts worth more than $1 million, the approval of the Chief Collector must be obtained. According to a document available to The Express Tribune, the Federal Board of Revenue (FBR) has
