FBR withdraws all taxes on import of tomatoes and onions in Pakistan

Published 2022년 9월 2일

Tridge summary

Due to the impact of a monsoon, which has damaged onion and tomato crops in Pakistan, the government is considering importing these vegetables from India, or potentially from Dubai via India. The Federal Board of Revenue (FBR) has exempted these imports from taxes and duties until the end of 2022 to help lower prices. The Prime Minister has urged for immediate measures to maintain a steady supply of these vegetables. The Punjab Chief Secretary has also directed officials to control food prices and to encourage the import of tomatoes and onions to address the supply-demand gap.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

With a devastating monsoon hitting crops all over Pakistan, the government’s proposal to allow the import of vegetables from India seems to have been necessitated by the destruction of onion and tomato crops. Tomatoes are mainly produced in KP, while onions come from Sindh and Balochistan. Sindh, Khyber Pakhtunkhwa, and Balochistan, in particular, have been hit hard. This has driven up the prices of perishable products in the domestic market to their highest-ever levels. Now, the government has allowed the import of tomatoes and onions from Afghanistan and Iran to meet a shortage in the domestic market. Imports from Iran are allowed for Balochistan. According to the sources, Indian-origin vegetables could also be sourced from Dubai to improve the supply situation in the domestic market in case Islamabad did not allow direct trade from India. The Federal Board of Revenue (FBR) has issued two Statutory Regulatory Orders (SROs) for the import of onions and tomatoes. To provide relief ...

Source: Hortidaily