Tag: Pakistan govt recommends to reduce regulatory duty on HRC imports

In the Federal Budget presented yesterday, Pakistan government has proposed to reduce the regulatory duty by 6.5%. Duty reduction proposed from 12.5% and 17.5% to 6% and 11% on hot-rolled coils (HRC). These include the products of iron and steel falling under PCT codes 7208 and 7225& 7226 for the fiscal budget announcement of FY20-21…