Duties on sugar, wheat import withdrawn

FBR has notified the withdrawal of regulatory duties on the import of sugar and wheat in order to reduce the commodities prices in the country. FBR has abolished 60% RD on the import of wheat in the country until 31stMar20 to ensure that the local wheat to be available from the start of Apr’20 is picked up at the right price from the market. Similarly, the FBR has also withdrawn 40% regulatory duty on the import of sugar.