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Goods imported to Pakistan; Goods purchased in bond from one custom station to another; Goods brought from a foreign country to any customs station that are trans-shipped or transported without the payment of duty to another customs station.
In August 2007, Pakistan started exporting cement to India to fill in the shortage there caused by the building boom. [8] Russia is a growing market for Pakistani exporters. In 2009/2010 the export target of Pakistan was US$20 billion. [9] As of April 2015, Pakistan's exports stand at US$29 billion.
Income tax on export of services in Pakistan is 1%. However, the export of IT services is taxed at a reduced rate of 0.25% if registered with PSEB, Pakistan Software Export Board. [5] In addition to corporate tax, there are other applicable income taxes including super tax, minimum tax, and tax on undistributed reserves.
The Gazette of Pakistan (Urdu: سرکاری جریدہَ پاکستان) is the official government gazette of the Government of Pakistan. This Gazette provides information about government acts, ordinances, regulations, orders, S.R.Os, notifications, appointments, promotions, leaves, and awards. [1] [2]
It also issues tenders for export and import of agricultural products. TCP has its offices across various cities of the country including Karachi, Islamabad, Lahore and Multan. [2] [3] Trading Corporation of Pakistan was established in 1967 as a premier international trading house fully owned by the Government of Pakistan.
Special Economic Zones (SEZs) in Pakistan are areas designated by the government of Pakistan to promote industrial growth and attract investment. In Pakistan, the SEZ Act was established on 13 September 2012, alongside the subsequent notification of SEZ Rules within the same year. [1] [2]
International trade law includes the appropriate rules and customs for handling trade between countries. [1] However, it is also used in legal writings as trade between private sectors. This branch of law is now an independent field of study as most governments have become part of the world trade, as members of the World Trade Organization (WTO ...
The Securities and Exchange Commission of Pakistan (SECP) (Urdu: سیکیورٹیز اینڈ ایکسچینج کمیشن آف پاکستان), formerly known as Company Law Administration, Company Law Board, and Corporate Law Authority, is the corporate legislative and financial regulatory agency of Pakistan whose objective is to develop a modern and efficient corporate sector and a capital ...