Import Regulatory Duty Capped: Government slashes Maximum Tariffs to 20% Under Finance Act Rollout

ISLAMABAD — The federal government has officially issued the official gazette notification activating the Finance Act 2026-27, bringing sweeping customs duty and regulatory rollbacks into immediate effect today. In line with the National Tariff Policy 2025-30, the FBR has issued SRO 1064(I)2026, aggressively capping the maximum regulatory duty (RD) rate—which previously stood at 50%—down to just 20%. Under this massive trade liberalisation drive, customs duties on vehicles ranging from 850cc to 1800cc have been slashed by 35% to 50%. Additionally, a standard 2% reduction has been applied to additional custom duties on mobile phones, vegetable oil, gold, and silver to curb inflationary friction.