NBR reduces import tax on fresh fruits to 5pc
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NN Online:
The National Board of Revenue (NBR) has lowered the source tax on imported fresh fruits from 10 per cent to 5 per cent, aiming to reduce costs for consumers and encourage imports.
These fruits are fresh or dried oranges, fresh or dried citrus fruits, fresh or dried grapes, fresh or dried lemons, fresh or dried other citrus fruits, fresh or dried grapes, fresh apples and pears.
The NBR has issued a notification in this regard, which will come into effect immediately.