Maximum Customs Exemption on Bitumen Imports, 15% Customs Duty Imposed on Precious Metals and Jewelry

The customs duty structure has been revised. Bitumen imports will now receive the maximum customs exemption. Additionally, a 15 percent customs duty has been applied to precious metals and jewelry.

According to the new customs rates, duties for various goods imported from SAARC countries and other nations have been adjusted. This change is expected to impact the trade sector.

Notably, customs duties on condensed milk and other food items have also been modified. These changes are anticipated to affect consumers and traders in different ways.

The government’s decision aims to facilitate import procedures and promote trade.