The Federal Board of Revenue (FBR) issued a notification for the imposition of special excise duty (SED) on imported goods with effect from July 1, 2026.
From July 1, 2026, the Special Excise Duty (SED) would be collected on imported vehicles where the Finance Act 2026 has imposed the SED at the import stage.
According to an SRO 1063(I)/2026 issued on Tuesday, in exercise of the powers conferred by sub-section (5) of section 18 of the Customs Act, 1969, and in supersession of its Notification No. SRO 1151(l)/2025, the federal government has imposed additional customs duty on the import of goods specified in the First Schedule to the Customs Act, at specified rates.
Under SRO 1072(1)/2026, the Federal Board of Revenue (FBR) has prescribed that the Special Excise Duty leviable under the said sub-section on the goods specified in Table IA of the First Schedule to the Act shall be collected in the following manner:
In the case of goods imported into Pakistan, the Special Excise Duty shall be levied and collected in the same manner and at the same time as if it were a duty of customs payable under the Customs Act, 1969, and the provisions of the said Act, including section 31A thereof, shall apply mutatis mutandis.
This notification shall come into force from July 1, 2026, FBR added.
