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Tag: Import of steel and iron

Business
  • Web Desk Karachi
  • Feb 26, 2025
FBR withdraws export facilitation scheme for iron and steel scrap to combat tax evasion

According to tax experts, by excluding iron and steel scrap from the EFS, importers of compressors and motors will now be required to pay all applicable taxes during the import process, including customs duties, sales tax, and income tax.

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