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 Lahore

Customs, SBP urged to implement EIF from January 2017

byM Hayat
20/08/2016
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: Importers have urged the Pakistan Customs and the State Bank of Pakistan (SBP) to call off implementation of Electronic Import Form (EIF) through WeBOC till December 2016 and put into practice the system from January 1, 2017.

Exclusively talking to Customs Today, Lahore Chamber of Commerce and Industry Vice President Nasir Saeed and chemical and hardware importers Khawaja Khawar and Zeshan Khalil said that although the newly introduced EIF is a radical innovation, offhand implementation of the system will badly hurt business activities in the country.

You might also like

Tahir Ayub demands investment-friendly environment

11/07/2026

Identity theft victim wins tax relief from FTO

11/07/2026

They feared that if the system of EIF form is implemented without the proper training of the stake holders it will create mess putting them to face hardships in getting importing raw-material and other imported stuffs.

They added that if the system is implemented without proper turning of both the bankers and importers they would not be able to properly operate the system and bank would not make payments to the exporters in foreign countries.

They added that, according to the rules, the Goods Declaration (GD) for import of goods cannot be filed with Pakistan Customs unless the approved EIF has been attached with respective GD and in such case importing important raw-material and other tradable items from abroad will become difficult task.

They added that if the government really interested in facilitating the importers it should call off the programme till the December and implement it from January 2017.

Nasir Saeed said that Pakistan Customs and SBP has conducted a few seminars and awareness workshop for the launch of the system but they are insufficient and in order to make the EIF through WeBOC a success story extensive awareness campaign should be launched for the next three months and then finally the system may be brought in to practice.

Related Stories

Tahir Ayub demands investment-friendly environment

byCT Report
11/07/2026

ISLAMABAD: Acting President of the Islamabad Chamber of Commerce and Industry (ICCI), Tahir Ayub, has urged the government to launch...

Identity theft victim wins tax relief from FTO

byCT Report
11/07/2026

LAHORE: The Federal Tax Ombudsman has directed the Federal Board of Revenue (FBR) to finalise lawful tax registration for a...

LTO Karachi targets 174 taxpayers in foreign assets scrutiny campaign

byCT Report
11/07/2026

KARACHI: The Large Taxpayers Office (LTO) Karachi has launched a major scrutiny exercise targeting 174 high-profile taxpayers over their foreign...

Govt raises jet fuel price by Rs13.23 per litre

byCT Report
11/07/2026

ISLAMABAD: The government has increased the price of jet fuel by Rs13.23 per litre, according to official sources, marking another...

Next Post

Collector Saifuddin Junejo orders officials to strictly check E-Form in export consignments

  • 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.