ISLAMABAD: The Tariff Policy Board (TPB), an inter-ministerial body, headed by the Minister for Commerce, has reportedly decided to exempt defence imports from customs duty, well informed sources told Business Recorder. The Board, sources said, has recently been apprised that the Ministry of Defence moved a summary on November 13, 2025 for the Prime Minister to exempt the current 15 percent customs duty on all defence imports. “The proposed exem…
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