AVN 65.20 Increased By ▲ 0.25 (0.38%)
BAFL 30.74 Decreased By ▼ -0.77 (-2.44%)
BOP 4.80 Increased By ▲ 0.01 (0.21%)
CNERGY 3.71 Decreased By ▼ -0.13 (-3.39%)
DFML 14.21 Decreased By ▼ -0.20 (-1.39%)
DGKC 41.05 Decreased By ▼ -0.55 (-1.32%)
EPCL 46.45 Decreased By ▼ -0.25 (-0.54%)
FCCL 11.40 Increased By ▲ 0.11 (0.97%)
FFL 5.05 No Change ▼ 0.00 (0%)
FLYNG 5.80 Decreased By ▼ -0.02 (-0.34%)
GGL 10.33 Decreased By ▼ -0.12 (-1.15%)
HUBC 66.87 Increased By ▲ 1.23 (1.87%)
HUMNL 5.71 Increased By ▲ 0.05 (0.88%)
KAPCO 27.76 Increased By ▲ 0.01 (0.04%)
KEL 2.20 Increased By ▲ 0.05 (2.33%)
LOTCHEM 24.90 Increased By ▲ 0.55 (2.26%)
MLCF 21.44 Decreased By ▼ -0.04 (-0.19%)
NETSOL 83.60 Decreased By ▼ -1.19 (-1.4%)
OGDC 85.90 Decreased By ▼ -1.35 (-1.55%)
PAEL 11.01 Increased By ▲ 0.03 (0.27%)
PIBTL 4.22 No Change ▼ 0.00 (0%)
PPL 74.48 Decreased By ▼ -1.22 (-1.61%)
PRL 13.43 Decreased By ▼ -0.22 (-1.61%)
SILK 0.92 Increased By ▲ 0.03 (3.37%)
SNGP 40.40 Decreased By ▼ -0.93 (-2.25%)
TELE 5.86 Increased By ▲ 0.01 (0.17%)
TPLP 15.40 Decreased By ▼ -0.24 (-1.53%)
TRG 111.41 Decreased By ▼ -0.29 (-0.26%)
UNITY 13.75 Decreased By ▼ -0.23 (-1.65%)
WTL 1.14 Decreased By ▼ -0.02 (-1.72%)
BR100 4,037 Decreased By -26.9 (-0.66%)
BR30 14,412 Decreased By -56.6 (-0.39%)
KSE100 40,471 Decreased By -262.4 (-0.64%)
KSE30 15,163 Decreased By -67.2 (-0.44%)
Follow us

ISLAMABAD: The Federal Tax Ombudsman (FTO) has unearthed an illegal scheme being run by the Federal Board of Revenue (FBR) for the last 15 years regarding promotion of illegal import of stolen vehicles and facilitating international criminal activities.

Moreover, the FTO has directed the FBR to immediately stop the illegal practice of customs clearance of stolen imported cars under transfer of residence, baggage scheme or gift scheme after payment of 30 percent redemption fine.

According to the order issued by the FTO here on Tuesday, the FBR’s past decision was promoting illegal import of stolen vehicles and facilitating international criminal activities.

The FTO order said that this is an own motion investigation of systemic maladministration initiated under the FTO Ordinance, 2000.

The investigation is against the Collectors of Customs Conference held at the FBR in 2006, regarding clearance of stolen vehicles imported cars under transfer of residence, baggage scheme or gift scheme.

It was decided that Collectorates may clear such vehicles after imposition of 30 percent redemption fine under the relevant provisions of the Customs Act, 1969, while no action to be taken in respect of the alleged stolen vehicles unless a recognised agency or a foreign country approached the government in this regard.

Without any legal provision, to clear stolen vehicles at an import stage after imposition of 30 percent redemption fine and not initiating any investigation/ action, as per law amounts to promote the illegal import of stolen vehicles and facilitation of international criminal activities.

Customs authorities’ decision about clearance of stolen imported cars under transfer of residence, baggage scheme or gift scheme upon payment of redemption fine and taxes without following any legal provision has been declared illegal by the FTO.

In this connection, the FTO issued notices to the FBR.

The FBR submitted report that Customs collectorates in Sialkot and Peshawar had cleared six and three such stolen imported vehicles in 2007 and 2013-2014, respectively.

The FTO also recommended the FBR to direct all Collectorates of Customs and other concerned authorities to stop these illegal practices forthwith.

The Customs authorities were also directed that the stolen imported vehicles either should have been returned to authorities of the country from where vehicles were stolen after receiving occurring expenses or these vehicles should have been confiscated and disposed of through public auction.

The committee also recommended the FBR to direct the MCC Sialkot to seize identified six vehicles and take appropriate legal action against importers involved in such illegal businesses.

The FTO ordered a report from the competent authorities to be submitted within 45 days.

Earlier, the FTO took the own motion in connection of the decision taken in Customs Conference held at the then CBR (FBR) on 02.08.2006, in which, it was decided that the Collectorates may clear stolen imported vehicles after imposition of 30 percent redemption fine under the Provision of Customs Act, 1969, while no action should be taken unless recognised agency of the foreign country approaches the government of Pakistan.

Copyright Business Recorder, 2021

Comments

Comments are closed.

Import of ‘stolen’ vehicles: FBR accused of running illegal ‘scheme’

PM Shehbaz says IMF giving Pakistan tough time over unlocking loan

Roshan Digital Accounts: inflow clocks in at meagre $110mn in January

Apex committee decides to engage Afghan govt for final action against TTP

Imran Khan decides against contesting by-elections on 33 NA seats

Cotton arrival plunges 36% year-on-year

2 terrorists killed in North Waziristan: ISPR

KSE-100 retreats 0.64% as rupee falls further

China expected to boost global growth but uncertainties remain: IMF

Sindh Police registers FIR against Sheikh Rashid over ‘foul language against FM Bilawal’

India’s Adani denies rise due to Modi as shares slump again