FBR imposes duty on ferrous exports

Tag : indium ingots

FBR imposes duty on ferrous exports
By Ijaz Kakakhel

ISLAMABAD: Federal Board Revenue has imposed 25 percent regulatoryduty on the exports ferrous and non-ferrous ,to enable the localsteel industry to get cheaper raw materials.

According to S.R.O.482(I)/2007 issued here regulatory duty would beapplicable on the export Ferrous waste and scrap; re-melting scrapingots 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 rodsiron or non-alloy steel, not further worked than forged,hot-rolled, hot-drawn or hot-extruded, but including those twistedafter rolling.

Other bars and rods iron or non-alloy steel. Angles, shapes andsection iron or non-alloy steel. Stainless steel in ingots or otherprimary forms; semi-finished products

stainless steel. Bars and rods, hot-rolled, in irregularly woundcoils, stainless steel. Other bars and rods stainless steel;angles, shapes and sections stainless steel.

Other alloy steel in ingots or other primary forms; semi-finishedproducts other alloy steel. Bars and rods, hot-rolled, inirregularly wound coils, other alloy steel.Other bars and rodsother alloy steel; angles, shapes and sections, other alloy steel;hollow drill bars and rods, alloy or non-alloy steel. Refinedcopper and copper alloys, unwrought.
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