Finance Bill 2026: Second Schedule (Fifth Schedule), part 2
The Finance Bill 2026: Second Schedule (Fifth Schedule) is part of the federal budget for FY 2026-27. This page reproduces the text of its 115 PDF pages, extracted automatically from the official PDF published by the Federal Board of Revenue.
This text was extracted automatically from the PDF's text layer, without OCR. Tables are rebuilt from the page layout and can differ from the printed columns, a page that is only a chart or image links to the PDF, and blank pages are left out. Check the official PDF before relying on any figure.
| 2. | 3-Wheeler | (i) Following EV specific | 1% | The |
|---|---|---|---|---|
| electric loader (PCT code 8711.6060) | components for assembly / manufacturing in any kit form (CKD): - (a)Batteries other than lead acid (PCT code 85.07), (b)Gear (PCT code 8483.4019), (c)Electric motor with axle (PCT code 8711.6050), (d)Controller (PCT code 8542.3100), (e)Power Switch (PCT code 8536.5029) (f)Electric auto cut (PCT code 8504.9090). (g)Battery Connection (PCT code 8544.4229) (h)Battery Charger (PCT code 8504.4020), (i)Junction Box (PCT code 8536.4910) | (notwithstan ding the rate of customs duty as specified in the First Schedule to the Customs Act, 1969). | concession shall be admissible to manufacturer s of 3- Wheeler electric loader on and from the 1st day of July, 2025 till 30th day of June, 2027 subject to certification and quota determination by the Engineering Development Board (EDB). | |
| (ii)Component for Assembly / manufacturing in any kit form (CKD)- Non- Localized parts. | 15% | The concession shall be admissible subject to the conditions mentioned at Para-2 of SRO 656(I)/2006 dated 22.06.2006. | ||
| (iii)Component for Assembly / manufacturing in any kit form (CKD)- Localized parts. | 15% plus Additional Customs Duty levied under SRO 693(I)/2006 dated 01.07.2006 | Subject to the conditions mention at Para-2 of SRO 656(I)/2006 dated 22.06.2006. |
| 3. | Electric | i) Following EV specific | 1% | The |
|---|---|---|---|---|
| motorcycle (PCT code 8711.6040) | components for assembly / manufacturing in any kit form (CKD): - (a) Electric Motor (PCT code 8501.3200), (b)Battery Charger (PCT code 8504.4020), (c)Switches (PCT code 8536.5029), (d)Junction Box (PCT code 8536.4910), (e)Controller (PCT code 8542.3100), (f)Converter (PCT code 8454.1000), (g)Batteries other than lead acid(PCT code 85.07) | (notwithstan ding the rate of customs duty as specified in the First Schedule to the Customs Act, 1969). | concession shall be admissible to manufacturer s of electric motorcycle on and from the 1st day of July, 2025 till 30th day of June, 2027 subject to certification and quota determination by the Engineering Development Board (EDB). | |
| (ii) Component for Assembly / manufacturing in any kit form (CKD)- Non- Localized parts. | 15% | The concession shall be admissible subject to the conditions mentioned at Para-2 of SRO 656(I)/2006 dated 22.06.2006. | ||
| (iii) Component for Assembly / manufacturing in any kit form (CKD)- Localized parts. | 15% plus Additional Customs Duty levied under SRO 693(I)/2006 dated 01.07.2006 | Subject to the conditions mention at Para-2 of SRO 656(I)/2006 dated 22.06.2006. | ||
| 4. | Electric Buses (PCT code 8702.4090) | Components in any kit form (CKD) (PCT code 8702.4010) | 1% | (i) The concession shall be admissible on import of |
| CKD kits to manufacturer s of electric buses on and from the 1st day of July, 2025 till 30th day of June, 2027 to certification and quota determinatio n by the Engineering Development Board (EDB). | ||||
|---|---|---|---|---|
| (ii) The concession shall be admissible subject to the conditions mentioned at Para-2 of SRO 656(I)/2006 dated | ||||
| 22.06.2006. | ||||
| 5. | Electric Trucks (PCT code 8704.6030) g.v.w. exceeding 5 tonnes | Components in any kit form (CKD) (PCT code 8704.6020) | 1% | (i) The concession shall be admissible on import of CKD kits to manufacturer s of electric trucks on and from the 1st day of July, 2025 till 30th day of June, 2027 subject to certification and quota determinatio |
| n by the Engineering Development Board (EDB). (ii) The concession shall be admissible subject to the conditions mentioned at Para-2 of SRO 656(I)/2006 dated 22.06.2006. | ||||
|---|---|---|---|---|
| 6. | Electric Prime Movers (PCT code 8701.2490) | Components in any kit form (CKD) (PCT code 8701.2410) | 1% | (i) The concession shall be admissible on import of CKD kits to manufacture rs of electric prime movers on and from the 1st day of July, 2025 till 30thday of June, 2027 subject to certification and quota determinatio n by the Engineering Developmen t Board (EDB). (ii) The concession shall be admissible subject to the conditions |
| mentioned at Para-2 of SRO 656(I)/2006 dated 22.06.2006. | ||||
|---|---|---|---|---|
| 7. | (i) Electric Vehicles 4- wheelers (PCT Code 8703.8090) (ii) Electric Trucks (LCVs of g.v.w. not exceeding 5 tonnes (PCT Code 8704.6040) (iii) Electric Vans (PCT Code 8702.4090) | (i) EV Specific components for assembly/manufacture in any kit-form (CKD) | 1% (notwithstan ding the rate of customs duty on these items as specified in the First Schedule to the Customs Act 1969). | The concession shall be admissible to manufacturer s of electric vehicles 4- wheelers till 30th June 2027, subject to certification and quota determination by the Engineering Development Board(EDB). |
| (ii) Components for assembly/manufacture in any kit-form (CKD) Non-localized parts. | 10% | The concession shall be admissible till 30th June 2027 subject to the conditions mentioned at Para-2 of the SRO 656(I)/2006 dated 22.06.2006. | ||
| (iii) Components for assembly/ manufacture in any kit-form (CKD) Localized parts. | 25% | The concession shall be admissible till 30th June |
| 2027 subject |
|---|
| to the |
| conditions mentioned at |
| Para-2 of the |
| SRO |
| 656(I)/2006 dated |
| 22.06.2006. |
TABLE-III
[Miscellaneous]
| S. | Description | Customs | Conditions |
|---|---|---|---|
| No. | duty (%) | ||
| (1) | (2) | (3) | (4) |
| 1. | Plant and machinery specifically designed for use in manufacturing of electric vehicles. | 0% | (i)The concession shall be admissible on one-time basis for setting up the new assembly and/ or manufacturing facility of electric vehicles, and for expansion in the existing units, duly approved/ certified, by the Engineering Development Board (EDB). (ii)The concession shall be admissible to manufacturers of the electric vehicles specified in column (2) of Table-II above, subject to certification by EDB that the plant & machinery is specifically designed for use in setting up of electric vehicle manufacturing only. |
| 2. | Import of inputs for manufacturing of EV specific parts, as mentioned against S. No. 1, 2 and 3, of Table-II above, by vendors and OEMs of EV manufacturing . | 0% | (i) The concession shall be admissible to manufacturers and vendors of EV specific parts, subject to certification and quota determination by EDB. (ii) The concession shall be admissible subject to the conditions mentioned under |
| SRO 655(I)/2006 dated 22.06.2006. | |||
|---|---|---|---|
| 3. | Import of CBU chargers with CKD kits for electric vehicles as specified in column 2 of Table-II above. | 1% (Notwithstand ing the rate of customs duty as specified in the First Schedule to Customs Act, 1969). | The concession shall be admissible on the CBU chargers, imported with CKD kits of 2-3 wheelers, 4- wheelers and HCV vehicles specified in Table-II above, subject to EDB certification. |
Part-V(B)
Import of Hybrid Electric Vehicles (CBUs) Under Auto Industry Development and Export Policy (AIDEP) 2021-26
TABLE-I
| S. No | Description | PCT Code | CD% | Condition |
|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) |
| 1. | Hybrid Electric Vehicles (HEV) (CBU) | 8702.2090 8702.3090 | 1% | The concession shall be admissible to manufacturers on import of same variant to be assembled / manufactured locally from the date of issuance of manufacturing certificate and quota determination by Engineering Development Board (EDB). |
| 2. | Hybrid Electric Vehicles (HEV) (CBU) | 8704.4100 8704.4200 8704.5100 8704.5200 | 1% | The concession shall be admissible to manufacturers on import of same variant to be assembled / manufactured locally from the date of issuance of manufacturing certificate and quota |
determination by Engineering Development Board (EDB).
TABLE-II
Import of Parts for Hybrid Vehicles Under Auto Industry Development and Export Policy (AIDEP) 2021-26
| S. No. | Description of Imported Good | PCT Code | CD % | Condition |
|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) |
| 1. | Following parts for Hybrid Electric Vehicle: - | Respective headings | 4% | The concession shall be admissible to manufacturers of |
| 1.Battery pack and its parts: (i) thermistor (ii) resistor (iii) capacitor (iv) bus bar | Hybrid electric vehicles subject to certification and quota determination by the Engineering Development Board | |||
| 2.Cooling system for battery packs including blower, tubes, hoses, pump | (EDB). | |||
| 3.Sensor hybrid vehicle battery voltage 4.Inverter assembly with converter (Power control unit) | ||||
| 5.Electric motor and generator for Transaxle assembly 6.Battery charging system / inlet connectors | ||||
| 7.Hybrid system control unit / hybrid ECU | ||||
| 8.Junction box | ||||
| 2. | Following parts for Plug-in-Hybrid Electric Vehicle:- | Respective headings | 3% | The concession shall be admissible to manufacturers of |
| 1.Battery pack and its parts: (i) thermistor | Plug-in Hybrid electric vehicles subject to certification and quota |
| (ii) resistor (iii) capacitor (iv) bus bar | determination by the Engineering Development Board |
|---|---|
| 2.Cooling system for battery packs including blower, tubes, hoses, pump | (EDB). |
| 3.Sensor hybrid vehicle battery voltage | |
| 4.Inverter assembly with converter (Power control unit) | |
| 5.Electric motor and generator for Transaxle assembly | |
| 6.Battery charging system / inlet connectors | |
| 7.Hybrid system control unit / hybrid ECU | |
| 8.Junction box | |
| 9.Charger | |
| 10.Charging port” |
Part V(C) Import of Agricultural Tractors TABLE
| S. No. | Description | PCT Code | Customs Duty% |
|---|---|---|---|
| (1) | (2) | (3) | (4) |
| 1. | Agricultural Tractors, having an engine capacity exceeding 26 kW but not exceeding 75kW | 8701.9220 8701.9320 | 15% |
| 2. | Agricultural Tractors (other than mentioned at S. No. 1 above) | 8701.9100, 8701.9400 8701.9500 | 10% |
Part-VI
Imports of Aviation Related Goods i.e. Aircrafts and Parts etc. by Airline Companies/Industry under National Aviation Policy 2023 Note: - For the purposes of this Part, the following conditions shall apply besides the conditions as specified in column (5) of the Table below: -
(i) The exemption shall be admissible to Maintenance, Repair & Overhaul Companies (MROs) and Aircraft Maintenance Organizations (AMOs) duly authorized by the Defence Division, and the Airline Companies having valid registration and license from the Pakistan Civil Aviation Authority under the Pakistan Civil Aviation Act, 2023 duly shared with the Customs Computerized System or Pakistan Single Window to the effect that the intending importer is operating in the country or intends to operate in the country in the airline sector;
(ia) The list of imported items is duly approved by the Pakistan Airports Authority, Defence Division, Government of Pakistan for every consignment imported by MRO or AMO in line with Policy Framework approved by the Government of Pakistan;
(ii) The Chief Executive, or the person next in hierarchy duly authorized by the Chief Executive or Head of the importing Company shall certify that the imported goods/items are the company's bonafide requirement and shall be used for the purpose as defined/notified by the Defence Division, Government of Pakistan under the Aviation Policy. The importer shall declare all relevant information to the Customs while claiming exemption regarding genuineness of the claim through Customs computerized system or Pakistan single window; and
(iii) In case of deviation from the above stipulations, the Collector of Customs shall initiate proceedings for recovery of duty and taxes under the relevant laws.
TABLE
| S. No. | Description of goods | PCT Code | Customs duty | Special Condition | |
|---|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) | |
| 1. | Aircraft | 8802.4000 | 0% | Whether imported or a on wet or dry lease. In M/s Pakistan Inter Airlines Corporation exemption shall be adm | cquired case of national this issible. |
| 2. | Spare parts | Respective headings | 0% | For use in aircraft, aircraft and simulators. | trainer |
| 3. | Maintenance Kits | Respective headings | 0% | For use in trainer (8802.2000 & 8802.300 | aircraft 0). |
| 4. | Machinery, equipment, tools, kits and parts | Respective headings | 0% | For setting up Maint Repair & Overall workshop and for overh aircrafts by MRO comp Aircraft Main Organization (AMO) rec by Defence Division. | enance, (MRO) auling of any and tenance ognized |
| 5. | Machinery, equipment, operational tools, furniture& fixture | Respective headings | 0% | On one-time basis for exclusive use of New/ Greenfield airports by company authorized by Defence Division. |
|---|---|---|---|---|
| 6. | Aviation simulators | Respective headings | 0% | On one-time basis for aircrafts by airline company recognized by Defence Division. |
| 7. | Aircraft engine | 8407.1000 | 0% | For use in aircraft and trainer aircraft. |
Part-VII Miscellaneous [Omitted]
Part-VIII
Imports of specific Goods allowed at Joint Border Sustenance Markets
In order to ensure smooth functioning and operationalization of Border Markets in specific border areas, the imports under this part shall be subject to following conditions, namely.
(i) Border markets will be functional for two days each week and total allowance per day for the visitor will be $100.
(ii) The Customs Value of imported goods will be displayed for ascertaining the admissible quantities of imported goods.
(iii) The visitor will purchase goods from any category up to US $50 on concessional rate of leviable duty/taxes as mentioned in column (4) of the Table.
(iv) In case, a visitor chooses to purchase goods of value more than $50 from a specific category, it will be considered as commercial quantity being liable to duty/taxes on statutory rates.
(v) The Customs staff posted at the border market will make an entry via electronic system for the goods purchased by the visitor on the prescribed format as notified by the Board.
(vi) A system generated receipt will be issued to the visitor bearing his Name & CNIC No. by the Custom Officer in respect of goods purchased along with payable Customs Duty.
Table
| S. | Description | PCT | Customs |
|---|---|---|---|
| **No. ** | Code | Duty (%) | |
| (1) | (2) | (3) | (4) |
Category-I
| 1 | Seed(potatoes) | 0701.1000 | 5 |
|---|---|---|---|
| 2 | Tomatoes,fresh or chilled. | 0702.0000 | 5 |
| 3 | Onions and shallots | 0703.1000 | 5 |
| 4 | Garlic | 0703.2000 | 5 |
| 5 | Other | 0704.9000 | 5 |
| 6 | Carrots and turnips | 0706.1000 | 5 |
| 7 | Cucumbers andgherkins fresh or chilled. | 0707.0000 | 5 |
| 8 | Peas(pisum sativum) | 0708.1000 | 5 |
| 9 | Beans(vigna spp., phaseolus spp.) | 0708.2000 | 5 |
| 10 | Other leguminous vegetables | 0708.9000 | 5 |
| 11 | Peas(Pisum sativum) | 0713.1000 | 5 |
| 12 | Grams(dry/whole) | 0713.2010 | 5 |
| 13 | Other | 0713.2090 | 5 |
| 14 | Beans of the species Vigna mungo (L.) Hepper or Vigna radiata (L.) Wilczek | 0713.3100 | 5 |
| 15 | Small red (Adzuki) beans (Phaseolus or Vigna angularis) | 0713.3200 | 5 |
| 16 | Kidneybeans including white beans | 0713.3300 | 5 |
| 17 | Bambara - vigna subteranea or vaahdzeia subterrea | 0713.3400 | 5 |
| 18 | Cowpeas(Vigna unguiculata) | 0713.3500 | 5 |
| 19 | Other | 0713.3990 | 5 |
| 20 | Lentils(drywhole) | 0713.4010 | 5 |
| 21 | Broad beans (Vicia faba var. Major) and horse beans (Vicia faba var. Equina, Vicia faba var. Minor) | 0713.5000 | 5 |
| 22 | Pigeonpeas(cajanus cajan) | 0713.6000 | 5 |
| 23 | Other | 0713.9090 | 5 |
| 24 | Vanilla(Neither crushed norground) | 0905.1000 | 5 |
| 25 | Cinnamon | 0906.1100 | 5 |
| 26 | Other(cinnamon and cinnamon tree flowers) | 0906.1900 | 5 |
| 27 | Neither crushed norground(Cloves) | 0907.1000 | 5 |
| 28 | Crushed orground(Cloves) | 0907.2000 | 5 |
| 29 | Neither Crushed norground(Nutmeg) | 0908.1100 | 5 |
| 30 | Crushed orground(Nutmeg) | 0908.1200 | 5 |
| 31 | Neither crushed norground(Maze) | 0908.2100 | 5 |
| 32 | Crushed orground(Maze) | 0908.2200 | 5 |
| 33 | Large(cardamoms) | 0908.3110 | 5 |
| 34 | Small(cardamoms) | 0908.3120 | 5 |
| 35 | Crushed orground(Cardamoms) | 0908.3200 | 5 |
| 36 | Neither crushed nor ground (Coriander) | 0909.2100 | 5 |
| 37 | Crushed orground(Coriander) | 0909.2200 | 5 |
| 38 | Neither crushed norground(Seeds of Cumin) | 0909.3100 | 5 |
|---|---|---|---|
| 39 | Crushed orground(Seeds of Cumin) | 0909.3200 | 5 |
| 40 | Neither crushed nor ground (Seeds of Anise, Badian, Caraway, Fennel etc) | 0909.6100 | 5 |
| 41 | Crushed or ground (Seeds of Anise, Badian, Caraway, Fennel etc) | 0909.6200 | 5 |
| 42 | Thyme;bayleaves | 0910.9910 | 5 |
| 43 | Barley (seeds) | 1003.1000 | 5 |
| 44 | Other(barley) | 1003.9000 | 5 |
| 45 | Sunflower seeds,whether or not broken | 1206.0000 | 5 |
| 46 | Locust beans | 1212.9200 | 5 |
| 47 | Cereal straws and husks | 1213.0000 | 5 |
| 48 | Animal Fats and Oil and their fractions | 1516.1000 | 5 |
| 49 | Vegetable Fats and their fractions | 1516.2010 | 5 |
| 50 | Vegetable Oils and their fractions | 1516.2020 | 5 |
| 51 | Knives and cutting blades for paper and paper board | 8208.9010 | 5 |
| Category-II | |||
| 1 | Of a fat content, by weight, not exceeding 1 % (Milk and Cream) | 0401.1000 | 10 |
| 2 | Of a fat content, by weight, exceeding 1 % but not exceeding 6 % (Milk and Cream) | 0401.2000 | 10 |
| 3 | Of a fat content, by weight, exceeding 6 % but not exceeding 10% (Milk and Cream) | 0401.4000 | 10 |
| 4 | Of a fat content, by weight, exceeding 10 % (Milk and Cream) | 0401.5000 | 10 |
| 5 | Leeks and other alliaceous vegetables | 0703.9000 | 10 |
| 6 | Cauliflowers and headed broccoli | 0704.1000 | 10 |
| 7 | Brussels sprouts | 0704.2000 | 10 |
| 8 | Cabbage lettuce (head lettuce) | 0705.1100 | 10 |
| 9 | Other | 0705.1900 | 10 |
| 10 | Witloof chicory (cichorium intybus var.foliosum) | 0705.2100 | 10 |
| 11 | Other | 0705.2900 | 10 |
| 12 | Other | 0706.9000 | 10 |
| 13 | Fruits of the genus Capsicum or of the genus Pimenta | 0709.6000 | 10 |
| 14 | Figs | 0804.2000 | 10 |
| 15 | Fresh (grapes) | 0806.1000 | 10 |
| 16 | Dried (grapes) | 0806.2000 | 10 |
| 17 | Watermelons | 0807.1100 | 10 |
| 18 | Other | 0807.1900 | 10 |
| 19 | Apples | 0808.1000 | 10 |
| 20 | Green tea | 0902.1000 | 10 |
| 21 | Other green tea | 0902.2000 | 10 |
| 22 | Crushed or ground (Ginger) | 0910.1200 | 10 |
| 23 | Turmeric (curcuma) | 0910.3000 | 10 |
|---|---|---|---|
| 24 | Other | 0910.9990 | 10 |
| 25 | Lactose (sugar ) | 1702.1110 | 10 |
| 26 | Lactose syrup | 1702.1120 | 10 |
| 27 | Other | 1702.1900 | 10 |
| 28 | Caramel | 1702.9020 | 10 |
| 29 | Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya bean oil. | 2304.0000 | 10 |
| 30 | Other (animal feed) | 2309.9000 | 10 |
| 31 | For sewing (thread) | 5204.2010 | 10 |
| 32 | For embroidery (Thread) | 5204.2020 | 10 |
| 33 | Spades and shovels | 8201.1000 | 10 |
| 34 | Other (Tools for masons, watchmakers, miners and hand tools nes) | 8205.5900 | 10 |
| 35 | For kitchen appliances or for machines used by the food industry | 8208.3000 | 10 |
| 36 | Other | 8208.9090 | 10 |
| Category-III | |||
| 1 | Yogurt | 0403.2000 | 20 |
| 2 | Other (potatoes) | 0701.9000 | 20 |
| 3 | Sweet corn | 0710.4000 | 20 |
| 4 | Mixtures of vegetables | 0710.9000 | 20 |
| 5 | Fresh (dates) | 0804.1010 | 20 |
| 6 | Dried (dates) | 0804.1020 | 20 |
| 7 | Apricots | 0809.1000 | 20 |
| 8 | Sour cherries (Prunus cerasus) | 0809.2100 | 20 |
| 9 | Other | 0809.2900 | 20 |
| 10 | Peaches, including nectarines | 0809.3000 | 20 |
| 11 | Plums and sloes | 0809.4000 | 20 |
| 12 | Strawberries | 0810.1000 | 20 |
| 13 | Kiwi fruit | 0810.5000 | 20 |
| 14 | Neither crushed nor ground (Ginger) | 0910.1100 | 20 |
| 15 | Other (Durum wheat (excl. Seed for sowing)) | 1001.1900 | 20 |
| 16 | Other (Wheat and meslin (excl. Seed for sowing, and durum wheat)) | 1001.9900 | 20 |
| 17 | Of wheat (flour) | 1101.0010 | 20 |
| 18 | Of meslin (flour) | 1101.0020 | 20 |
| 19 | Vermicelli | 1902.1920 | 20 |
| 20 | Other (packed cake) | 1905.9000 | 20 |
| 21 | Homogenised preparations | 2007.1000 | 20 |
| 22 | Citrus fruit | 2007.9100 | 20 |
| 23 | Other | 2007.9900 | 20 |
| 24 | Organic surface-active products and | 3401.3000 | 20 |
| preparations for washing the skin, in the form of |
| liquid or cream and put up for retail sale, whether or not containing soap | |||
|---|---|---|---|
| 25 | Preparations put up for retail sale | 3402.5000 | 20 |
| 26 | Other | 3402.9000 | 20 |
| 27 | Others (Tableware and kitchenware of porcelain or china) | 6911.1090 | 20 |
| 28 | Other (Household articles nes & toilet articles of porcelain or china) | 6911.9000 | 20 |
| 29 | Other (Glassware for table or kitchen purposes (excl. Glass having a linear c) | 7013.4900 | 20 |
| 30 | Other (Glassware nes (other than that of 70.10 or 70.18)) | 7013.9900 | 20 |
| 31 | Spoons | 8215.9910 | 20 |
| 32 | Other (Tableware articles not in sets and not plated with precious meta) | 8215.9990 | 20 |
| 33 | Bicycles and other cycles (including delivery tricycles), not motorised. | 8712.0000 | 20 |
| 34 | Vacuum flasks | 9617.0010 | 20 |
| 35 | Other | 9617.0020 | 20”. |