In a move that would be helpful to Independent Power Producers especially at the time nearing financial closure by April 30, Pakistan’s Economic Coordination Committee has announced five per cent relaxation of customs duty as a one time gesture.
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The two-way trade between Pakistan and China, through the Sust dry port, which had been discontinued to disruption caused by blockage of road following snowfall, is set to resume from May 1, 2008.
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The Pakistan’s Federal Board of Revenue has exempted the 10 per cent customs duty that it was charging for maize grain import and has suitably amended its order in this regard.
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Posted on: Saturday, February 02, 2008 ; 04:32 IST
In the wake of tremendous global demand, cement sector exports from Pakistan has gone up by 148 per cent to 3.596million tonnes in the seven months starting from July 2007 from 1.450million tonnes recorded during the same period of last fiscal.
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Islamabad: Certain commodities having same specifications were cleared by not charging uniform duties and taxes at different customs stations under the 'One Customs' project.
According to sources, Central Board of Revenue (CBR) has started an ex
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Islamabad: The Central Board of Revenue (CBR) has notified procedures for availing the facility of customs duty exemptions on import of raw material and machinery.
The decision was notified through a customs notification issued here on Monday by
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Posted on: Thursday, February 01, 2007 ; 15:14 IST
Islamabad: The Central Board of Revenue (CBR) is ready to launch a new cargo clearance system from February 1, 2007 for clearance of import/export consignments on-24 hours basis seven days a week at all airports and cargo ports.
According to CB
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RPTL signs power pact with western region power utilities
Reliance Power Transmission (RPTL), subsidiary of Reliance Infrastructure, India’s largest private sector enterprise in power utility, has signed power transmission agreement with eight entities from western India for two inter-state power transmission projects.
RPTL signed the agreement through its two Special Purpose Vehicles (SPVs) for the projects under the Western Region System Strengthening Scheme-II (WRSSS-II), entailing an investment of INR18 billion, for establishing 400 KV double circuit transmission lines of around 1,500 kms, mainly in Maharashtra Continue
