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FBR launches customs duty calculator to help traders

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KARACHI: The Federal Board of Revenue (FBR) has introduced a customs duty calculator to facilitate traders in clearance of consignments.
According to a report, to calculate the customs duty, a person is required to provide HS code, unit of measurement (UOM), unit value in the US dollar, import value in Pakistani rupee (PKR), tariff description, quantity and total value in the US dollar. The duty calculator will help the trader to make assessment of duty and taxes prior to filing a good declaration. – TLTP