ISLAMABAD: Federal Board Revenue has imposed 25 percent regulatory duty on the exports ferrous and non-ferrous ,to enable the local steel industry to get cheaper raw materials.
According to S.R.O.482(I)/2007 issued here regulatory duty would be applicable on the export Ferrous waste and scrap; re-melting scrap ingots iron or steel.
Waste and scrap Copper, Nickel, Aluminum, Lead, Zinc, Tin, Tungsten (Wolfram), Molybdenum, Tantalum, Magnesium, Cobalt, Bismuth, Cadmium, Titanium, Zirconium, Antimony, Manganese, Beryllium, Chromium, Thallium, Germanium, Vanadium, Gallium, Hafnium, Indium, Niobium and Rhenium, Cermets.
Semi-finished products iron or non-alloy steel.Other bars and rods iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling.
Other bars and rods iron or non-alloy steel. Angles, shapes and section iron or non-alloy steel. Stainless steel in ingots or other primary forms; semi-finished products
stainless steel. Bars and rods, hot-rolled, in irregularly wound coils, stainless steel. Other bars and rods stainless steel; angles, shapes and sections stainless steel.
Other alloy steel in ingots or other primary forms; semi-finished products other alloy steel. Bars and rods, hot-rolled, in irregularly wound coils, other alloy steel.Other bars and rods other alloy steel; angles, shapes and sections, other alloy steel; hollow drill bars and rods, alloy or non-alloy steel. Refined copper and copper alloys, unwrought.
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