KARACHI: The Customs authorities are determine to control use of fake E-Form and money laundering.
These views were expressed by Deputy Collector-MCC Export Mona Mehfooz while talking to Customs Today at her office.
Deputy Collector Mona Mehfooz said that the FBR and MCC-Export Collectorates have decided to rid the country of the menace money-laundering and misuse of E-Form.
She further said that the authorities concerned of MCC-Export have evolved an effective strategy in order to check the authenticity of E-Form before sending export consignments and also coordinated with the authorities concerned of the Directorate of Reforms and Automation.
Deputy Collector Mona Mehfooz further said that the authorities concerned of State Bank of Pakistan and other commercial banks are also showing their eagerness in order to check the veracity of E-form through online procedure.
It is pertinent to mention here that the authorities concerned of Pakistan Customs, State Bank of Pakistan and commercial banks have already agreed upon to work closely in a business process right from issuance of E-Form to Goods Declaration (GD) filing for realization of remittances through Bank Credit Advice (BCA).
Several meetings of authorities concerned of Pakistan Customs, State Bank of Pakistan and commercial banks have already been held and all the functionaries have agreed upon and finalized the entire process for realization of remittances through Bank Credit Advice (BCA) against the issuance of E-form.
It is pertinent to mention here that the suggestions and recommendations in order to check the veracity of E-form from State Bank of Pakistan and other commercial banks through online process had been sent by the then Collector-MCC Export Manzoor Hussain Memon, adding that all the stakeholders after finalizing the business process in connection with issuance of E-form have agreed upon to execute the process from worth go.
