Parliament adopts resolution concerning 200 per cent duty on Pakistani goods

The Lok Sabha & Rajya Sabha approved the amendment in the first schedule of the Custom Tariff Act.

The notification had been made on February 16 this year to impose basic custom duty to 200 per cent on all goods originating or exported from Pakistan.

The decision was taken after Pulwama terror attack in which 40 CRPF personnel were killed. Pakistan-based Jaish-e-Mohammed had taken responsibility for the terror attack. India had also withdrawn MFN (most favoured nation) status to Pakistan.

The two houses also adopted a resolution to approve a notification issued last month to increase the basic customs duty on lentils, boric acid & diagnostic & laboratory reagents.

On lentils, the duty has been increased from 40 per cent to 50 per cent, on boric acid it has been increased from 17.5 per cent to 27.5 per cent & on diagnostic items from 20 per cent to 30 per cent.

Leave a Comment

Your email address will not be published. Required fields are marked *

* Copy This Password *

* Type Or Paste Password Here *

Cookies help us deliver our services. By using our services, you agree to our use of cookies. More Information