FBR to increase duty on BOPET films
Islamabad: The Federal Board of Revenue (FBR) has suggested increasing customs duty on import of Bopet films, which are used by the packaging industry, in an effort to protect the local industry.
Representatives of the firms pleaded that the concession in import duty on Bopet films (polyester films) should be withdrawn as it was granted when the films were not being produced in the country. Now the concession is hurting the interest of the local manufacturing industry, they said.
It was, however, argued that this assertion…