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 ECC relaxes duty on LPG equipment imports

ECC relaxes duty on LPG equipment imports .

ECC relaxes duty on LPG equipment imports

ISLAMABAD: Economic Coordination Committee (ECC) of Cabinet has decreased the custom duty on LPG equipment from 25 to 10 per cent where as the products with 5 per cent custom duty on them will remain the same.

 

Abdul Hafeez Sheikh, Minister of Finance chaired the meeting. The Petroleum Ministry put a summary forward in the session for a decrease in custom duty for the promotion of LPG products.

 

A decision on forming a sub committee was taken for the protection of the motorcycle industry.

 

The committee also, in principle, decided that the gas from the new block would be provided to the fertilizer factories.

 

updated 9 months, 11 days ago

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