ISLMABAD: The Federal Board of Revenue (FBR) has implemented the Finance Act 2025, reducing import duties on more than 100 items, including dairy products, fruits, cars, and mobile SIM cards. The new tax rates came into effect on July 1.
The duty on imported cheese and yogurt has been lowered, while the regulatory duty on mobile SIM cards has been reduced from 15% to 12%. Taxes on new cars and minivans have been cut from one-third to 10%, and SUVs will now face a 44% to 50% duty reduction.
Poultry and fish imports will now have a 5% regulatory duty, down from previous rates, while the duty on bird eggs has been reduced from 15% to 10%. Pet food saw a 5% to 40% duty cut, and instant coffee in retail packs now has a 5% lower duty.
Tobacco duties have been reduced by 40%, while taxes on dates, coconuts, Brazil nuts, and cashews have been cut by 16%. Figs, pineapples, avocados, guavas, and mangoes now have a 20% lower duty, and apples and papayas saw a reduction from 45% to 36%. Additionally, the duty on nuts has been reduced by 4%, and frozen fish now has a 17.5% duty, half of the previous rate.
The FBR’s notification aims to ease import costs and adjust tax policies on various consumer goods.