The Government of Pakistan has unveiled the National Industrial Policy 2025–2030, aiming to strengthen domestic industries and increase exports. The policy focuses on lowering tariffs on raw materials, intermediate goods, and machinery to reduce production costs.
FBR will gradually remove Customs Duty (CD), Regulatory Duty (RD), and Additional Customs Duty (ACD) on imported inputs, helping manufacturers compete internationally. The reforms also target simplifying corporate taxes and eliminating additional levies to create a more favorable business environment.
Exporters will benefit from faster VAT refunds, exemptions on import duties, and smoother processing of duty drawback claims. SMEs are expected to gain improved cash flow and easier access to export markets.
The policy encourages a shift from import substitution to export promotion, enhancing industrial growth, attracting investment, and integrating Pakistan into global trade networks. Officials see this as a significant step toward boosting competitiveness and creating jobs.
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