AIRLINK 175.55 Decreased By ▼ -2.01 (-1.13%)
BOP 11.01 Decreased By ▼ -0.04 (-0.36%)
CNERGY 8.29 Increased By ▲ 0.12 (1.47%)
FCCL 47.23 Decreased By ▼ -0.09 (-0.19%)
FFL 16.02 Decreased By ▼ -0.10 (-0.62%)
FLYNG 27.31 Decreased By ▼ -0.04 (-0.15%)
HUBC 142.32 Decreased By ▼ -4.59 (-3.12%)
HUMNL 13.30 Decreased By ▼ -0.21 (-1.55%)
KEL 4.44 Decreased By ▼ -0.06 (-1.33%)
KOSM 5.90 Decreased By ▼ -0.01 (-0.17%)
MLCF 61.80 Decreased By ▼ -0.22 (-0.35%)
OGDC 226.77 Decreased By ▼ -7.91 (-3.37%)
PACE 5.77 Decreased By ▼ -0.03 (-0.52%)
PAEL 44.80 Decreased By ▼ -1.61 (-3.47%)
PIAHCLA 17.88 Decreased By ▼ -0.24 (-1.32%)
PIBTL 10.47 Decreased By ▼ -0.10 (-0.95%)
POWER 12.02 Increased By ▲ 0.03 (0.25%)
PPL 185.92 Decreased By ▼ -5.88 (-3.07%)
PRL 37.16 Decreased By ▼ -0.16 (-0.43%)
PTC 24.05 Increased By ▲ 0.85 (3.66%)
SEARL 100.29 Decreased By ▼ -0.60 (-0.59%)
SILK 1.15 No Change ▼ 0.00 (0%)
SSGC 38.51 Decreased By ▼ -1.20 (-3.02%)
SYM 14.75 Decreased By ▼ -0.28 (-1.86%)
TELE 7.73 Decreased By ▼ -0.11 (-1.4%)
TPLP 11.03 Decreased By ▼ -0.08 (-0.72%)
TRG 66.00 Decreased By ▼ -1.29 (-1.92%)
WAVESAPP 10.97 Decreased By ▼ -0.38 (-3.35%)
WTL 1.35 Decreased By ▼ -0.01 (-0.74%)
YOUW 3.78 Increased By ▲ 0.01 (0.27%)
BR100 12,826 Increased By 19.4 (0.15%)
BR30 38,861 Decreased By -842.2 (-2.12%)
KSE100 118,792 Decreased By -146.5 (-0.12%)
KSE30 36,779 Increased By 22.6 (0.06%)

ISLAMABAD: The Federal Board of Revenue (FBR) has directed the licensed bonded carriers to install latest equipment and devices for tracking and monitoring of cargoes including transit cargo, petroleum products exported to Afghanistan, transshipment cargo and cargo of Export Processing Zones, Special Economic Zones or Free Zones.

The FBR has issued an S.R.O. 1651(1)/2024 to introduce draft amendments in the Customs Rules, 2001 on Friday.

The amended rules shall apply to tracking and monitoring of different types of cargo throughout the journey from the port of entry to the port of exit or from one warehouse to another, on real time basis.

According to the amendments in customs rules, the Project Director, from time to time, shall ensure that the licensee has deployed latest equipment and devices for tracking and monitoring adopting new technologies, or on the basis of system audit or audit conducted by Pakistan Telecommunication Authority (PTA).

The Project Director shall take action against the licensed tracking companies and may subject to applicable provisions of law confiscate their tracking devices, equipment and mobile enforcement units after the approval by the licensing committee in case of serious violation of these rules and he shall also recommend action against the Bonded Carriers/Transport Operators or their drivers found involved in violation of rules and procedures to their licensing authority.

The Project Director shall be responsible for overall supervision of the system, FBR added.

Under the revised rules, the applicant shall be required to provide technological solutions on the basis of "GSM (dual network), GPRS and hybrid satellite communication" or any other modern technology for monitoring and tracking, on real time basis, of containers and vehicles carrying the cargo.

The system based solution offered by the applicant must be stable, fault-tolerant, secured, and can be accessed only by authorized username and password as authorized by the customs and shall be based on least human interference, FBR added.

Copyright Business Recorder, 2024

Comments

Comments are closed.