Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

FBR announces comprehensive changes in licensing procedure of shipping agents

byCT Report
17/01/2022
in Breaking News, Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: The Federal Board of Revenue (FBR) has introduced comprehensive changes in the licensing procedure for the shipping agents including responsibilities of the licensees. The FBR has amended Customs Rules, 2001.

The revised provision of the qualification test for shipping agents revealed that now each applicant shall deposit a course fee of Rs500 for examination-related expenses in the respective account of the Directorate General of Training and Research (Customs) and its Regional Directorates.

You might also like

RCCI urges establishment of German Trade Desk to boost bilateral trade

20/08/2026

PRA Chairman, travel agents delegation discuss taxation issues

20/08/2026

The license and its condition further disclosed that the license may be renewed for a period of five years, if it has remained valid for the last 10 years and no criminal proceedings have been initiated or pending against the licensee.

The licensee in case of any additional charges, other than freight, shall collect and shipping-line them only if mentioned in publicly only agreed charges by shipper and shipping line notified or published tariff of the shipping agent or carrier and is made available to the client or as specifically written on the bill of lading, airway bill or bill of freight, the FBR said.

If mutually agreed between shipper and shipping line, detention tariff per container per day including free days shall be mentioned on the bill of lading, airway bill and bill of freight; otherwise, detention shall be applicable and charged as per local published tariff of the shipping agent or carrier which is made available to the client, the FBR added.

In case of violation in respect of any additional charges other than freight not mutually agreed by shipper and shipping line that are mentioned in publicly notified or published tariff of the shipping agent or carrier and are made available to the client or are not specifically written on the bill of lading, airway bill or bill of freight punitive action envisaged in the Act and these rules shall be initiated against the delinquent licensee following the due process of law, the FBR maintained.

In case of violation in terms of detention charges after lapse of exact free days not mutually agreed by shipper and shipping line and that are mentioned in publicly notified and published tariff of the shipping agent or carrier and are made available to the client or are not specifically written on bill of lading, airway bill or bill of freight, punitive action as envisaged in the Act and these rules shall be initiated against the delinquent licensee following the due process of law.

The FBR said that the licensee shall make arrangements for performing transactions which do not require payment of security deposit and only require payment of security deposit when absolutely necessary.

The changeable amount of security deposit shall be reasonable and the licensee shall refund the security deposit within 15 working days after satisfying their accounts. In case of any delay in refund of security deposit beyond the terminal period, punitive action shall be initiated as per law, the FBR maintained

Related Stories

RCCI urges establishment of German Trade Desk to boost bilateral trade

byCT Report
20/08/2026

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) has called for establishing a dedicated German Trade Desk in Pakistan...

PRA Chairman, travel agents delegation discuss taxation issues

byCT Report
20/08/2026

LAHORE: Punjab Revenue Authority (PRA) Chairman Moazzam Iqbal Sipra held a meeting with representatives of Travel Agents Association of Pakistan...

PSMA member urges govt to allow surplus sugar exports to India

byCT Report
20/08/2026

KARACHI: A senior member of the Pakistan Sugar Mills Association (PSMA) has urged the government to allow exports of up...

Karachi Port awards dredging contract to NDMS to accommodate deeper-draft vessels

byCT Report
20/08/2026

KARACHI: Karachi Port Trust (KPT) has awarded a dredging contract to National Dredging & Marine Services (NDMS) to deepen the...

Next Post

Country’s industry must grow on global competitive trends to boost exports: President FPCCI

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.