AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,596 Increased By 136 (0.53%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)
Business & Finance

FBR to start campaign against smuggled goods from Sept 1

ISLAMABAD: Under the instructions of Chairman Federal Board of Revenue (FBR), the Board has started a phased program
Published August 17, 2019

ISLAMABAD: Under the instructions of Chairman Federal Board of Revenue (FBR), the Board has started a phased programme to combat sale of smuggled goods in the local market.

Under the programme, special joint teams of the FBR will be visiting major shopping areas, especially large retailers, in major cities to check the import documents of the imported goods available for sale to ensure compliance to various requirements of the law with effect from September 1, 2019.

Under the provisions of the Customs Act,1969, the FBR has powers to seek import documents for the imported goods available for sale to consumers from the person dealing in such goods, an FBR press release on Saturday said.

The FBR said ," This exercise does not represent ‘raid’ on the premises or any coercive action against the traders. The purpose of this exercise is only to ensure that relevant import documents are available and foreign goods available for sale are properly backed by documents."

"It has been decided that such exercises will be undertaken on ‘test’ check basis. All teams will be conducting respective identification as being officially designated and the team will be headed by a senior person. In case if for any reason such documents are not readily available at the shops/offices then teams will provide adequate opportunity to submit the document in the respective offices/ shops after reasonable time." the press release added

It said Member Customs (Operations) and Member (IR-Operations) had been directed to supervise the activity and provide complete assistance to the joint teams wherever required.

Director General (Intelligence & Investigation) Customs and Director General (Intelligence & Investigation)-Inland Revenue had also been directed to constitute joint teams, the FBR press release said.

It said the traders can lodge complaints against any undesirable activity by the Special Joint Teams by reporting at the helpline 051-111 772 772  or email [email protected].

"The purpose of taking this step is to expedite drive against smuggling and protect the local economy of the country. The Government of Pakistan is undertaking various steps to curb these undesirable practices and inter alia some actions to this effect have also been incorporated in the Finance Act, 2019."

Copyright APP (Associated Press of Pakistan), 2019
 

Comments

Comments are closed.