SOHAIL SARFRAZ

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed 12.5 percent regulatory duty on the import of tubes, pipes and hollow profiles, of cast iron, tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel and flat-rolled products of iron or non- alloy steel with (width of 600 mm or more). In this regard, the FBR has amended S.R.O.568(I)/2014 dated 26th June, 2014 through an S.R.O. 246 (I)/2015 here on Friday.

According to the SRO, 15 percent RD has been imposed on the import of other tubes and pipes (for example, welded, riveted or similarly closed), having circular cross- sections, the external diameter of which exceeds 406.4 mm, of iron or steel. The RD at the rate of 12.5 percent has been imposed on the import of other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel. RD of 12.5 percent has been levied on the import of flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, hot-rolled, not clad, plated or coated.

The regulatory duty shall not be levied on the import of HRC by manufacturers of CRC under Sr.No.41 of notification No. SRO.565(I)/2006 dated 5th June, 2006 and imports of galvanized steel tubes (PCT 7306.9000) and metals shells (PCT heading 7304.9000) under Sr.No.8 and 51 of notification No. SRO.565(I)/2006 dated 5th June, 2006”.

Following is the text of the S.R.O. 246 (I)/2015 issued here on.- In exercise of the powers conferred by sub-section (3) of section 18 of the Customs Act,1969 (IV of 1969), the Federal Government is pleased to direct that the following further amendments shall be made in its notification No. S.R.O.568(I)/2014 dated the 26th June, 2014, namely:-

In the aforesaid Notification,-

(a) in the table, in column (1),-

(i) after S.No.215 and the entries relating thereto in column (2), (3) and (4), the following new serial number and the entries relating thereto shall be inserted, namely:-

“215A. 72.08 Flat- rolled products of 12.5.”; and

iron or non- alloy steel,

of a width of 600 mm

or more, hot- rolled, not

clad, plated or coated.”;



(ii) after S.No.229 and the entries relating thereto in column (2), (3) and (4), the following new serial numbers and the entries relating thereto shall be inserted, namely:-



“229A. 73.03 Tubes, pipes and hollow 12.5

profiles, of cast iron.



229B. 73.04 Tubes, pipes and hollow 12.5

profiles, seamless, of iron

(other than cast iron) or steel.



229C. 73.05 Other tubes and pipes 15

(for example, welded,

riveted or similarly closed),

having circular cross- sections,

the external diameter of

which exceeds 406.4 mm,

of iron or steel.



229D. 73.06 Other tubes, pipes and 12.5.”; and

hollow profiles (for

example, open seam or

welded, riveted or

similarly closed), of iron

or steel.

(b) in paragraph 2,-

(i) in clause (f), the word “and” shall be omitted; and

(ii) in clause (g), for the full stop at the end, the semi colon and word “,and” shall be substituted., and

(iii) after clause (g), the following new clauses shall be added, namely:-

“(h) imports of HRC by manufacturers of CRC under Sr.No.41 of Notification No. SRO.565(I)/2006 dated 5th June, 2006; and

(i) imports of galvanized steel tubes (PCT 7306.9000) and metals shells (PCT heading 7304.9000) under Sr.No.8 and 51 of Notification No. SRO.565(I)/2006 dated 5th June, 2006”.