ISLAMABAD: The Federal Board of Revenue (FBR) has decided to allow a single vehicle owner to transport goods under transshipment rules. In this connection, the FBR issued SRO 1129(I)/2021 on Friday to notify draft rules. The tax authorities proposed an amendment to Customs Rules, 2001. A new rule 328A has been proposed for allowing a […]
ISLAMABAD: Federal Board of Revenue (FBR) has tightened the monitoring of international transshipment of imported cargo from gateway port to a foreign port. The FBR issued SRO 03(I)/2021 to amend Customs Rules, 2001. The FBR amend Rule 510A regarding transshipment of imported cargo from gateway port to a foreign port and made it mandatory the […]
ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday issued draft rules to make indemnity bond mandatory for shipping lines intending to use facility of international transshipment cargo within Pakistani sea ports. The FBR issued draft rules through SRO 685(I)/2020 to amend Customs Rules, 2001. According to the draft rules, shipping lines intending to use the […]
KARACHI: Federal Board of Revenue (FBR) has issued procedure of sealing of export cargo under transshipment transported by Pakistan Railways. Sealing at focal points (Entry) for transshipment containers and dry port export cargo containers transported by Pakistan railways: I. The Custom Agent/carrier will lodge the TP application/ declaration in the Custom Facilitation Centre/ Transshipment Section […]
ISLAMABAD: Federal Board of Revenue (FBR) on Monday issued draft rules for the movement of international transshipment cargo through any sea port in Pakistan. The FBR issued SRO 1538(I)/2019 for introducing draft rules and asked stakeholders to provide their comments within 15 days to finalize the rules. Following are the rules to be inserted in […]
KARACHI: Customs laws has defined harsh penalties for pilferage or replaced enroute of transshipment of goods without payment of duty. Federal Board of Revenue (FBR) issued Customs Act, 1960 updated till June 30, 2019 incorporating changes brought through Finance Act, 2019. According to the customs laws If any goods which are loaded for transshipment, are […]