Transit, bilateral trade: Tajik exporters given full access to Pakistani ports
ISLAMABAD: The Federal Board of Revenue (FBR) in its new rules has given Tajik exporters full access to Pakistani...
Source: brecorder.com
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Temporary importation of cars by foreigners/expats: FBR to coordinate with FIA to forestall misuse
ISLAMABAD: The Federal Board of Revenue (FBR) will regularly coordinate with the Federal Investigation Agency (FIA)...
Source: brecorder.com
Duties/taxes-free vehicles import: FBR proposes changes in motor vehicles rules
ISLAMABAD: The Federal Board of Revenue (FBR) has made it mandatory for Customs officials to communicate particulars...
Source: brecorder.com
Trade-related data gathered through PSW declared confidential
ISLAMABAD: The Federal Board of Revenue (FBR) has declared that any trade-related information, transmission,...
Source: brecorder.com
FBR Takes a New Step to Prevent Money Laundering
FBR Takes a New Step to Prevent Money Laundering The Federal Board of Revenue (FBR) has given additional responsibilities to the Directorate General of Customs Valuation to prevent the flight of capital and trade-based money laundering taking place through mis-invoicing of exports. The FBR on Friday has issued SRO.503(I)/2021 to specify the powers and functions of the Directorate General of Customs Valuation. The directorate would now have the powers to focus on under-invoicing of imports, also identify cases of over-invoicing of imports of low-duty or exempt items, and mis-invoicing of expor...
Source: propakistani.pk