AIRLINK 67.70 Increased By ▲ 2.50 (3.83%)
BOP 5.45 Decreased By ▼ -0.12 (-2.15%)
CNERGY 4.48 Decreased By ▼ -0.08 (-1.75%)
DFML 25.71 Increased By ▲ 1.19 (4.85%)
DGKC 68.75 Decreased By ▼ -1.21 (-1.73%)
FCCL 19.93 Decreased By ▼ -0.37 (-1.82%)
FFBL 30.30 Increased By ▲ 1.19 (4.09%)
FFL 9.89 Increased By ▲ 0.06 (0.61%)
GGL 10.03 Increased By ▲ 0.02 (0.2%)
HBL 114.01 Decreased By ▼ -0.24 (-0.21%)
HUBC 130.25 Increased By ▲ 1.15 (0.89%)
HUMNL 6.70 Decreased By ▼ -0.01 (-0.15%)
KEL 4.41 Decreased By ▼ -0.03 (-0.68%)
KOSM 4.80 Decreased By ▼ -0.09 (-1.84%)
MLCF 36.40 Decreased By ▼ -0.60 (-1.62%)
OGDC 132.00 Decreased By ▼ -0.30 (-0.23%)
PAEL 22.45 Decreased By ▼ -0.09 (-0.4%)
PIAA 25.65 Decreased By ▼ -0.24 (-0.93%)
PIBTL 6.64 Increased By ▲ 0.04 (0.61%)
PPL 112.72 Decreased By ▼ -0.13 (-0.12%)
PRL 29.05 Decreased By ▼ -0.36 (-1.22%)
PTC 14.87 Decreased By ▼ -0.37 (-2.43%)
SEARL 57.60 Increased By ▲ 0.57 (1%)
SNGP 66.14 Decreased By ▼ -0.31 (-0.47%)
SSGC 10.97 Decreased By ▼ -0.01 (-0.09%)
TELE 9.00 Increased By ▲ 0.20 (2.27%)
TPLP 11.60 Decreased By ▼ -0.10 (-0.85%)
TRG 68.26 Decreased By ▼ -0.36 (-0.52%)
UNITY 23.50 Increased By ▲ 0.10 (0.43%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 7,335 Increased By 40.4 (0.55%)
BR30 23,902 Increased By 47.4 (0.2%)
KSE100 70,541 Increased By 251.1 (0.36%)
KSE30 23,230 Increased By 59.4 (0.26%)
Pakistan

FBR notifies standard units of quantity, measurement of 7,354 items

The list of 7,354 items revealed the details of code-wise units of measurements, PCT Code, and UoM. The units
Published September 16, 2019 Updated September 18, 2019
  • The list of 7,354 items revealed the details of code-wise units of measurements, PCT Code, and UoM.
  • The units of measurement have been revisited in terms of recommendations of the WCO.
  • The Board further informs collectors of customs that necessary provision shall be created in Customs Computerized System.

ISLAMABAD: The importers/clearing agents and shipping agents are required to furnish invoices/documents/information in accordance with the new standard units of quantity/measurement (UoM) on the import of 7,354 items/goods notified by the Federal Board of Revenue (FBR) for assessment of duties/taxes.

In a major move to comply with the World Customs Organization (WCO), the Federal Board of Revenue (FBR) has notified standard units of quantity/measurement (UoM) of 7,354 items/goods here on Monday.

In this regard, the FBR has issued customs general order number 15 of 2019 here on Monday.

The list of 7,354 items revealed the details of code-wise units of measurements, PCT Code, and Units of Measurement (UoM) for statistical and assessment purposes.

According to the FBR, in exercise of the powers conferred by section 223 of the Customs Act, 1969 and in supersession of Customs General Order No. 11/2012, dated 6th August, 2012, the FBR has directed all field formations of customs to adopt standard units of quantity/measurement (UoM) expressed in the Annex-I of the CGO 15 of 2019.

The units of measurement have been revisited in terms of recommendations of the World Customs Organization (WCO) and international/national trading practices to maintain uniformity, improve collection, comparison and analysis of trade statistics, and facilitate trade based on the Harmonized System. Two columns have been created, one for statistical purpose and the other for assessment purpose to meet these objectives.

The standard units of quantity were previously notified by the Board on 6th August, 2012. Due to adoption of HS-2017 version PCT codes have been added / deleted and certain new PCT codes have been created. Accordingly an updated CGO has been prepared to accommodate these changes. A PCT-wise consolidated position, incorporating HS-20 I 7 changes, along with respective UoMs, has been prepared and notified in the CGO.

The standard units of quantity are: weight, kilogram (kg) and carat (carat); length, meters (m); area, square meters (m2); volume, cubic meters (m3) and liters (l); electrical power, 1,000 kilowatt hours (1,000 kWh) and number, pieces/items (u), pairs (2u), dozens (12u), thousands of pieces/items (I,000 u) and packs (u (jeu/pack)).

The importers/clearing agents / shipping agents and all other concerned are directed to furnish invoices/documents / information in accordance with the new UoMs prescribed by this CGO. For proper assessment of items internationally traded in any other UoM than the one given in either of the columns in the Annex, such UoM shall also be declared, in addition to the units given for the purposes of assessment, the FBR said.

The FBR further informed collectors of customs that necessary provision shall be created in Customs Computerized System for this purpose.

The FBR said that no document including Goods Declaration (GD) shall be accepted after September 30, 2019, if the information regarding units of quantity declared/shown is not in accordance with this CGO, the FBR added.

Comments

Comments are closed.