Feedback Here

fbook  tweeter  linkin YouTube
Global contents also translated in Chinese

Pakistan imposes duty on Chinese imports

Pakistan has imposed a provisional anti-dumping duty on imports of Polyester Staple Fiber (PSF) from China for the next four months. The National Tariff Commission has imposed a provisional anti-dumping duty under the relevant act on all imports of PSF, which is effective from October 2015 till February 2016.

Authorities have defined different duty rates especially for eight Chinese companies to dump PSF into Pakistan, which are from 6.41 per cent to 10.53 per cent while the rest of the others have to pay 14.92 per cent duty on their PSF imports dumped into Pakistan.

The provisional anti-dumping duty has been levied for a period of four months with effect from October 2015 to February 2016 and the customs department would collect it in a similar manner as customs duty collected under the Customs Act 1969.

Duties collected by customs department would be deposited under the head of civil deposits for further deposit in NTC's non-lapsable PLD account established with federal treasury office, Islamabad. The provisional anti-dumping duties would be in addition to other anti-dumping duties imposed earlier and taxes and duties levied under any other law. However it would not be imposed in terms of section 51(1) e of the act on imports that were to be used as inputs in products destined solely for exports.

 
LATEST TOP NEWS
 


 
MOST POPULAR NEWS
VF Logo