ISLAMABAD: The Federal Board of Revenue (FBR) has further tightened the Export Facilitation Scheme (EFS) for all categories of exporters. The FBR has proposed draft amendments to the Customs Rules, 2001, through SRO 520(I)/2026.
According to the proposed changes, if an EFS user has utilized part or the whole of authorized input goods and exported the ‘output goods’ before the utilization period, the system shall allow import of duty-free input goods to the extent of the value of input goods already utilized in the output goods.
This is subject to the condition that this value shall not exceed the value as allowed under rule 878(I) of the customs rules.
READ MORE: FBR makes more changes to EFS
The revised rules stated that the description and Pakistan Customs Tariff (PCT) Codes of the input goods and exported goods shall remain the same as allowed under the TORs as already determined by IOCO or Regulatory Collector.
Provided further that such acquisition shall not be admissible in cases where terms of reference (TORs) are not approved or provisionally approved by the input-output coefficient organization (IOCO) or the Regulatory Collector, the rules said.
Any order passed by the regulatory collector under these rules shall be appealable before the relevant Chief Collector within 30 days from the date of its issuance.
The appeal shall be decided within 20 days from the date of its filing, the new rules added.
The EFS users shall submit a six-monthly reconciliation statement as set out in Appendix IV showing the input goods acquired and output goods exported, domestically sold, aggregate value addition, and wastages and their disposal within thirty days of the end of the six months, as the revised rules added.
Copyright Business Recorder, 2026