PESHAWAR: The Khyber Pakhtunkhwa government has decided to waive the infrastructure development cess (IDC) on sugar exports to Tajikistan. The decision was made in response to a request made by the Central Asian country.
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Tajik prime minister had made a formal appeal to Pakistan, seeking assistance in reducing the cost of goods being imported into Tajikistan. Pakistan’s 18th Constitutional Amendment allows provinces to impose and collect various taxes, including IDC.
Exercising those powers, the Khyber Pakhtunkhwa government has decided to exempt sugar exports to Tajikistan.
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Media reports said that during the Khyber Pakhtunkhwa cabinet meeting, Special Secretary Finance presented the letter sent to the federal government, asking for the removal of the 2% IDC on 40,000 metric tons of sugar.
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The cabinet agreed to grant a four-month exemption from the IDC on sugar shipments bound for Tajikistan.
