FBR revises duty drawback rates for electric fans

BusinessFBR revises duty drawback rates for electric fans

ISLAMABAD, Pakistan: The Prime Minister’s Adviser for Commerce and Investment Abdul Razak Dawood has said that the Federal Board of Revenue (FBR) has issued the notification for new rates of duty drawback for electric fans.

In a series of tweets on Monday, the adviser said that the duty drawback rates have been revised to 4.39 percent from 1.7 percent after 11 years.

Abdul Razak Dawood said that I have always maintained that the duty drawback is a right of the exporter and I hope that these measures will result in enhancing domestic production and consequent exports.

The adviser further said that this is in pursuance of our policy of diversifying our exports into the developmental sector where engineering goods is one of our top priorities.



It is also our government’s commitment to promote ‘Make in Pakistan’ and export-led growth, he added.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

Mayi Ri drama episode 63

Mayi Ri Drama Episode 63 Review | 4th October 2023

0
Mayi Ri drama Episode 63 came on-air today on 4th October 2023 at 7:00 pm. Today was the 2nd last episode of Mayi Ri...

Kazakhstan Seeks Role of Religious Leaders for Maintaining Interfaith Harmony

0
By Raza SyedIn recent years, Kazakhstan has emerged as a prominent peace-loving nation in the world arena. Since the time of its independence, the...
Best Moisturizers in Pakistan for winter

10 Best Moisturizers in Pakistan for Winter 2023

0
As soon as the seemingly never-ending summer finally ends and it is finally time to embrace the chilly winter season in Pakistan, a big...

Health Ministry, NADRA introduce Mera Sehat Card Mobile Application

0
ISLAMABAD, Pakistan: The Ministry of National Health Services, Regulations and Coordination (MoNHSRC) and National Database and Registration Authority (NADRA) and have jointly launched the...

NCHR launches four-month long campaign “Empower Her”

0
ISLAMABAD, Pakistan: The National Commission for Human Rights (NCHR) is all set to launch its unique four-month long campaign titled “Empower Her” to promote...
Advertisement