Reliable Brokers
Online Investing
Alerts & Analysis
Easy Trading

Kiln owners to get tax waiver for coal import from India

Update : 17 Dec 2014, 07:32 PM

Brick field owners will get 5% Advance Income Tax (AIT) waiver in importing  coal from India, to be used in brick kilns.

The National Board of Revenue (NBR) issued a statutory regulatory order (SRO) in this regard yesterday, said an official seeking anonymity.

The government currently imposes 31% tax on imported coal. Brick field owners will not get the tax waiver if they import coal from China and Indonesia. 

Top Brokers