Scrape of regulatory duty on auto parts demanded

STAFF REPORT LHR: Pakistan Association of Auto Parts Manufacturers (PAAPAM) Chairman M Siddique Misri has criticised the imposition of regulatory duty on auto parts manufacturers and termed it totally unfair and unjustified.

In a statement, he said they are not only manufacturers, but these items are also being imported by them as raw materials.

The Ministry of Finance has imposed 12.5 per cent regulatory duty on the import of tubes, pipes and hollow profiles, of cast iron, tubes

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