Steel and Aluminum Import Duty & Landed Cost: South Korea to Pakistan
Full 2026 tariff breakdown, customs duty calculations, and compliance alerts for importing into Pakistan.
2026 Tariff & Cost Breakdown for Importing Steel and Aluminum
Customs duty is 8.5% of CIF value. VAT/GST rate is 20% of CIF plus duty. Steel and Aluminum imports are calculated on CIF value in PKR.
Cost Breakdown
| Component | Rate | Amount |
|---|---|---|
| Product Value | — | USD 15000.00 |
| Shipping | — | USD 1200.00 |
| Insurance | — | USD 150.00 |
| CIF Value | — | USD 16350.00 |
| Customs Duty | 8.5% | USD 1389.75 |
| VAT/GST | 20% | USD 3547.95 |
| Total Landed Cost | — | USD 21287.70 |
HS Code Classification for Steel and Aluminum
Primary HS Code: 7210.49 — What It Covers
HS 7210.49 classifies flat-rolled products of iron or non-alloy steel. This includes Steel and Aluminum products from South Korea.
Why Misclassification Carries Risk in Pakistan
Misclassification risks a fine enforced by the Federal Board of Revenue (FBR). Federal Board of Revenue (FBR) enforces penalties for incorrect HS code classification.
Step-by-Step Guide: Importing Steel and Aluminum from South Korea to Pakistan
Step 1: Verify Your HS Code & Product Description
Use the Pakistan tariff lookup tool to verify HS code 7210.49. Check binding tariff information if available.
Step 2: Gather Required Import Documents
Commercial Invoice Requirements
Commercial invoices must include product description, quantity, unit price, and total value.
Certificate of Origin
A Certificate of Origin is required for Steel and Aluminum imports. Pakistan accepts the South Korea Certificate of Origin format.
Packing List & Shipping Documents
Bill of lading or airway bill must include shipper, consignee, cargo details, and special handling instructions.
Step 3: Calculate Your Landed Cost
Landed cost = CIF Value + Customs Duty (8.5% of CIF) + VAT/GST (20% of CIF + Duty) in PKR.
Step 4: Submit to Pakistan Customs Authority
Submit your declaration through Pakistan's WeBOC (Web-Based One Customs) system for electronic declaration and clearance of goods.
Step 5: Pay Duties & Clear Goods
Pay duties through authorized banks or online payment portals. Clearance typically takes 3-5 working days.
How to Legally Reduce Duty on Steel and Aluminum Imports into Pakistan
Applicable Free Trade Agreements in 2026
No bilateral Free Trade Agreement exists between South Korea and Pakistan as of 2026.
Duty Deferral Options: Bonded Warehouses & FTZs
Pakistan's Export Processing Zones (EPZs) and Free Zones offer duty deferral options for Steel and Aluminum imports.
Preferential Tariff Programs
No preferential tariff programs currently apply to Steel and Aluminum from South Korea.
Pakistan Customs Compliance Rules for Steel and Aluminum
Federal Board of Revenue (FBR) Requirements for Steel and Aluminum
Federal Board of Revenue (FBR) requires PSQCA certification for Steel and Aluminum imports.
De Minimis Threshold
The De Minimis Threshold is N/A PKR, meaning all imports are subject to duties and taxes.
Anti-Dumping or Safeguard Duties
Anti-dumping duties may apply to certain steel products from South Korea, verify with your customs broker for specific details.
Frequently Asked Questions About Steel and Aluminum Import Duty from South Korea to Pakistan
What is the duty rate for Steel and Aluminum imports from South Korea to Pakistan?
The duty rate is 8.5% of the CIF value. Additionally, a 20% VAT/GST rate applies to the CIF value plus duty.
What documents are required for importing Steel and Aluminum from South Korea to Pakistan?
Required documents include a commercial invoice, Certificate of Origin, packing list, and bill of lading or airway bill.
Is my Steel and Aluminum import eligible for FTA benefits?
No, as there is no bilateral Free Trade Agreement between South Korea and Pakistan as of 2026.
What are the penalties for non-compliance with Pakistan customs regulations?
Penalties include fines enforced by the Federal Board of Revenue (FBR) for incorrect HS code classification, undervaluation, or other non-compliance issues.
What is the typical clearance timeline for Steel and Aluminum imports in Pakistan?
The clearance timeline typically takes 3-5 working days after submission of complete documents and payment of duties.
How do I verify the HS code for my Steel and Aluminum products?
Use the Pakistan tariff lookup tool to verify the HS code for your Steel and Aluminum products, and check binding tariff information if available.