Transportation of transit cargo: FBR facilitates Uzbek businessmen

ISLAMABAD: Pakistan has facilitated Uzbek businessmen in filing of goods declarations (GDs) through their licensed Transport Operator/ bonded carriers for transportation of transit cargo under Uzbekistan Transit Trade Agreement- 2021.

The FBR has issued SRO 424(I)/2022 to propose amendments in the Customs Rules 2001. In case the Uzbek trader does not have a User-ID of Customs Computerized System, the licensed Transport Operator (bonded carrier) may file GD on his behalf.

In that case the transportation of transit cargo may also be done by the same Transport Operator (bonded carrier), the FBR said. The FBR has also allowed that one-time insurance guarantee or revolving insurance guarantee may also be submitted online by the Insurance Companies registered in Pakistan Single Window (PSW) against the WeBOC user ID of the respective person or entity, wherein, insurance companies are integrated with the PSW.

Provided that in case of non-availability of revolving insurance guarantee, single transaction insurance guarantee may be furnished for leviable duty and taxes on transit goods.

The Transport Operators approved under these rules shall be considered approved for transportation of goods under Uzbekistan Transit Trade Agreement- 2021. The responsibilities of the bonded transport operator carrying goods under Uzbekistan Transit Trade Agreement-2021 will be the same as set out under rule 480 of these rules.

The single vehicle Transport Operators approved under these rules shall be considered approved for transportation of goods under Uzbekistan Transit Trade Agreement- 2021.

The respective sea terminal operator or the off dock terminal operator, being custodian of goods, shall be responsible for the integrity, security and proper cross stuffing of the transit cargo, the FBR added.

Copyright Business Recorder, 2022