The federal government has decided to conditionally allow goods exporters to import raw material, machinery and equipment without paying duties and taxes under the Export Facilitation Scheme. Exporters will have to obtain approval from the collectorate for the import of raw material, machinery and equipment.
They will be able to import machinery and equipment worth up to 50% of the annual export value. In order to import raw material for export contracts worth more than $1 million, the approval of the chief collector must be taken.
