Customs Import Duty & Taxes on Corn Seeds in Pakistan - Corn Seeds Import Duties in Pakistan - PakistanCustoms.net

Customs Import Duty and Taxes on Corn Seeds in Pakistan

Here in this post, we have explained Customs Import Duty & Taxes on Corn Seeds in Pakistan, We show you complete details about Corn Seeds Import Duties in Pakistan.

HS Code of Corn Seeds 1005.1000

Corn Seeds Import Duties in Pakistan

Corn Seeds Customs Duty 3%
Corn Seeds Additional Customs Duty 2%
Corn Seeds Sales Tax 18%
Corn Seeds Additional Sales Tax 3%
Corn Seeds Advance Income Tax 3.5%

PTAs / FTAs

10% concession on CD leviable for SAARC member countries [Sr. No. 156, Table II, SRO 558(I)/2004]
5% CD on import from SAARC Member States [Sr. No. 398, Table I, SRO 1274(I)/2006]
0% CD on imports from Malaysia [Sr. No. 441, Table I, SRO 1261(I)/2007]
100% exemption of CD on import from Sri Lanka [clause ‘d’ of preamble, SRO 280(I)/2014 dated 8th April, 2014]
0.00% CD on import from China [Sr. No. 625, in Table, SRO 1640(I)/2019]

EXEMPTIONS OF SALES TAX

Import of Rice, wheat, wheat and meslin flour are exempt from Sales Tax [Sr. No. 19, Table-1, Sixth Schedule, Sales Tax Act, 1990]
Zero rated ST on Seeds for sowing [Sr. No. 171, Sixth Schedule, ST Act, 1990]