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Home Breaking News

FCAM successfully clears 4,000 consignments: FBR

byCT Report
24/12/2024
in Breaking News, Islamabad, Latest News
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ISLAMABAD: The Federal Board of Revenue (FBR) has said that the Faceless Customs Assessment System (FCAM) cleared 4,000 consignments since its launch.

The board said the FCAM, operating through its centralised appraising unit at South Asia Pakistan Terminal, Karachi, has drastically reduced the need for additional documentation and examination calls.

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With this digital reform rolled out at one of Karachi’s busiest ports, endless paperwork and arbitrary delays are now a thing of the past, a top FBR official told Dawn on Monday.

The FCAM has resulted in a dramatic drop in additional documentation and examination calls. “This is not just a step forward—it is a leap towards modernisation and efficiency, “ the official said, adding that launching FCA has transformed the landscape of customs clearances and ushered in a new era of transparency and efficiency.

Industry leaders want speedy clearance of backlog

Official data compiled by the FBR showed that nearly 30pc goods declarations (GDs) faced objections requiring further scrutiny in a week before the launching of the FCAM on Dec 16 while that figure has plummeted an impressive 2pc afterwards.

Similarly, once a bottleneck for trade, physical examinations have been remarkably reduced by 83pc in this new system, marking a significant improvement in customs operations. At the same time, a drastic reduction of 84pc was observed for additional documentation requirements.

According to tax officials, revenue, often a casualty during system overhauls, has remained steady while the number of GDs filed has increased since the rollout of this system, demonstrating that FCAM is not just efficient but also fiscally robust.

The benefit of FCAM for honest businesses is clear: faster, hassle-free clearances without hidden costs. Similarly, dedicated FBR officers who prioritise merit and diligence now operate in a system that rewards integrity.

Karachi Chamber of Commerce and Industry President Jawed Bilwani while talking with media said that the FCAM will facilitate trade and reduce corruption. He suggested that the FBR instruct customs offices to remain open on Saturday and Sunday to clear the backlog.

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