FBR removes customs duty on goods under Rs. 5,000 imported through postal or air courier

Any product imported into Pakistan through postal or air courier services with a declared value up to Rs. 5,000 will be exempt from customs duty or any other types of taxes. An FBR official explained that this move has been taken as a relief for the end-users, most likely to be private individuals as opposed to corporate importers.

Other imported goods that arrive in the country from sources other than courier or postal services are not given the same liberty. In other words, this relief is likely to be used by only the private individual customers as opposed to the industrial or corporate importers.

This is a welcome move from the FBR considering that the previous limit of tax-exempt imports was Rs. 100, which translates to even less than $1. Now, this Rs. 5,000 limit will roughly allow for imported goods up to $30.

Source: ProPakistani