Difference Between Regulatory Duty And Custom Duty In Pakistan -Define regulatory duty & Custom Duty

Difference Between Regulatory Duty And Custom Duty: In this video, we show you Difference Between Regulatory Duty And Custom Duty In Pakistan -Define regulatory duty & Custom Duty.

What Is Customs Duty?

What is an 'Import Duty ' Import duty is a tax collected on imports and some exports by the customs authorities of a country. It is usually based on the value of the goods that are imported. Depending on the context, import duty may also be referred to as customs duty, tariff, and import tax and import tariff.

What Is Regulatory Duty?

The Federal Government may, by notification in the official Gazette, levy, subject to such conditions, limitations or restrictions as it may deem fit to impose, a regulatory duty on all or any of the goods imported or exported, as specified in the First Schedule at a rate not exceeding one hundred per cent of the value of such goods as determined under section 25 1b or, as the case may be, section 25A.

Difference Between Regulatory Duty And Custom Duty In Pakistan

Difference Between Regulatory Duty and Custom Duty in Pakistan
1) Regulatory Duty not imposed on all imported items

2) Customs Duty imposed on All most Every Imported Items.

3) Regulatory Duty only imposed on imported items.

4) Customs Duty impose on Import & Export Both.

5) In Export Government Pay Customs Duty to Exporter.


Related Searches:

Regulatory Duty Meaning,
Difference Between Custom Duty And Regulatory Duty,
Regulatory Duty,
Regulatory Duty In Pakistan,
Define Regulatory Duty,
Custom Duty,
Custom Duty In Pakistan,
Custom Regulatory Duty,

Post a Comment

Blogger Disqus

Dear Readers, we`re enthusiastic to see your comment, We will try to reply to your queries as soon as possible, Please Keep in mind that all comments are moderated manually by our human analysts, according to our comment policy, and all the links are nofollow. Using Keywords as a part of the name field range is prohibited. Let’s enjoy an individual and suggestive discussion.