The Federal Board of Revenue (FBR) will impose up to Rs 50,000 on importers, who would be contravening the requirement of placing invoice and packing list inside the import containers. Through the Finance Bill 2015, the lower limit for making contravention case in the existing law is Rs 100 which is proposed to be raised to Rs 20,000 by the FBR.
In budget, the FBR has proposed amendment to section 156 of the Customs Act, 1969. To implement the requirement of placement of invoice and packing list inside the import container, a new entry in section 156, in sub section 1, in the Table at serial 1 (ii) is inserted. If any person contravenes the requirement of placement of invoice and packing list inside the import container or consignment, such person shall be liable to a penalty not exceeding Rs 50,000. Under the Finance Bill (2015-16), the legislative changes in the Customs Act, 1969. The following legal changes are proposed in the Customs Act, 1969:-
(a) Section 19 of the Customs Act, 1969: In pursuance of the Finance (Amendment) Ordinance 2015, sub-section (1) is substituted and new sub-section (4) and (5) is proposed to be added to section 19 of the Customs Act, 1969. (b) Section 20 of the Customs Act, 1969: In pursuance of the Finance (Amendment) Ordinance 2015, section 20 is being proposed to be omitted.
(c) Section 32 of the Customs Act 1969: The lower limit for making contravention case in the existing law is Rs 100 which is proposed to be raised to Rs 20,000 by amending sub-section 3 of section 32. (d) Section 79 of the Customs Act, 1969 In order to file full declaration of goods at port of departure under transhipment of goods, changes are proposed to be made in section 79 of the Customs Act, 1969.
Secondly, an Explanation has been added that the assessment and paying of duty, taxes and other charges in respect of transhipment shall be at the port of destination. (e) Section 121 of the Customs Act, 1969: Under the Customs Computerised System the consignments of Transshipment allowed through computer system on risk based criteria needs legal cover which will be provided by making proposed changes in Section 121 of the Customs Act, 1969.
(f) Section 123 of the Customs Act, 1969: The proposed amendment in Section 123 (2) will provide the required legal cover to the consignments under transshipment originating from Off dock terminals. (g) Section 156 of the Customs Act, 1969: To implement the requirement of placement of invoice and packing list inside the import container, a new entry in section 156, in sub section 1, in the Table at serial 1 (ii) is inserted. Secondly, in order to cover the offence of misdeclaration, illegal removal and concealment in case of transit goods, the changes are being made in column (1) of serial 64 of section 156 of the Customs Act, 1969.
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