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ISLAMABAD: The Federal Board of Revenue (FBR) on Monday notified rules for the new Export Facilitation Scheme (EFS) 2021 which will become effective on Aug 14. The new EFS will run parallel with existing schemes like Manufacturing Bond, DTRE and Export-Oriented Schemes for two years. The existing schemes shall be phased out in the next two years and will be fully replaced by EFS-2021. The new scheme has been approved by the federal government and passed by parliament under Finance Act 2021. EFS 2021 Rules can be accessed at the FBR website. An official announcement said users of this scheme w...

Daily Times July 11, 2021 The Federal Board of Revenue (FBR) has issued a draft of rules for new Export Facilitation Scheme 2021 and sought comments from industry, exporters and other stakeholders. According to FBR press statement issued here Saturday, the New Export Facilitation Scheme has been approved by the federal government and passed by Parliament under Finance Act 2021. This scheme would be implemented from August 14, 2021 and would run parallel with existing schemes like Manufacturing Bond, DTRE and Export Oriented Schemes for two years. The existing old schemes would be phased out i...

FBR issues draft of rules for new export facilitation scheme 2021   Published On The draft rules can be accessed at official website of FBR. ISLAMABAD (Web Desk) - Federal Board of Revenue has issued a draft of rules for new Export Facilitation Scheme 2021, and sought comments from industry, exporters and other stakeholders. According to an FBR statement, the New Export Facilitation Scheme has been approved by federal government and passed by Parliament under Finance Act 2021. This scheme will be implemented from 14th of next month, and will run parallel with existing schemes like Manufactu...