Pakistan budget: Govt removes additional customs duty on shredded scrap import

Pakistan’s Federal budget for FY21 was presented today. As per reports received to SteelMint, the additional customs duty on imports of shredded and bundled scrap has been removed which was 2% earlier. However for HMS scrap imports, 3% customs & 2% additional customs duty has been kept unchanged. Tariffs on billets and bars remain unchanged.