A. A. Import Policy
In exercise of the powers
conferred of the Imports
and Exports Act, 1950, the Federal Government is pleased to make the following, namely:-
Basis of imports
–
1. Imports may be made against all modes of
payment subject to procedures prescribed by the State Bank of Pakistan.
2. Private
sector importers may enter into commodity exchange arrangements with suppliers
abroad subject to the procedure notified by the State Bank of Pakistan.
3. For imports
under loans, credits or bilateral assistance requiring contracts to be approved
by Economic Affairs Division
or some other agency of the Government of Pakistan, letters
of credit shall have to be
opened within sixty days of registration of contract with a bank designated by
the State Bank of Pakistan.
4. Public
sector agencies shall open letters of credit through a bank designated by the
State Bank of Pakistan.
a.
Import of goods - Import of all goods may be allowed
from worldwide sources unless
otherwise specified to be banned,
prohibited or restricted in this Order: Provided that the amendments
brought in this Order from time to time shall not be applicable to such imports
where bill of lading or irrevocable letters of credit
were issued or established prior to the issuance
of amending Order.
b.
Prohibitions - Goods specific are banned for import.
This ban, however, shall not be applicable on - import of goods by the Federal
Government for defence purposes; any
goods which are exempt from customs duties on importation by the foreign
diplomatic missions in Pakistan under
the Diplomatic and Consular Privileges Act, 1972 (IX of
1972); and ministries, divisions,
provincial governments and their departments and other government agencies may
import items, irrespective of their import status to meet their requirements,
subject to the condition that orders in respect of which are placed directly by
the administrative secretaries of respective divisions, departments or officers
authorized by the administrative secretaries, provided they meet their
requirements of foreign exchange from their own foreign exchange budget allocation.
(a)
Import of the followings are banned, namely goods of
Indian or Israeli origin or imported from India or Israel: (a) Provided that the provisions of this clause to the extent of India shall not apply to therapeutic products regulated
by the Drug Regulatory Authority of Pakistan.
(b) import
of live animals, i.e. cattle, buffalo, sheep and goats and meat & bone meal
(MBM) and feed ingredients of animal origin are banned from countries
classified by the World Organization of Animal Health (OIE) in the latest
edition of Terrestrial Animal Health Code as Controlled Bovine Spongiform
Encephalopathy (BSE) Risk and Undetermined BSE
Risk. (c) counterfeit products; and
(d) import
of all rough diamonds from, “Cote’d Ivoire”.
c.
Import of goods shall be subject to the same national
quality standards or regulations as are prescribed in respect of similar and
domestically produced goods.
d.
In case of goods imported in to Pakistan from Kenya, a
fee at the rate of fifty dollars (US) per document or 0.5% of the invoice value
of goods, whichever is higher, shall be charged by Pakistani High Commission,
Nairobi, Kenya for attestation of the certificate of the origin and invoice
related to such goods.