The Federal Board of Revenue (FBR) has exempted federal excise duty (FED) on the import of ten vehicles by the Food and Agriculture Organization of the United Nations (FAO) to be used by the department of plant protection for locust control operations.
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In this regard, the FBR issued an SRO.591(I)/2021 on Friday.
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According to the notification, in the exercise of the powers conferred by sub-section (2) of section 16 of the Federal Excise Act, 2005, the Federal Government has exempted the whole of federal excise duty payable on the import of ten soft skin land cruiser 79 series pick-up 4.2 L-3 vehicles, having PCT Code 9901 by the Food and Agriculture Organization of the United Nations (FAO) to be used by the department of plant protection for locust control operations, it added.
