KARACHI: The Federal Board of Revenue (FBR) has allocated a link on its website for Customs Valuation Department and it will soon be accessible to the departments concern and traders.
According to the details, Director General Customs Valuation Syed Tanvir Ahmed, after a hard work, has successfully convinced the FBR authorities to allocate the link of Customs Valuation at their website.
The Director General Customs Valuation said that by the addition on the Customs Valuation Department link at the FBR website, the departments concerned and traders will be able to collect important information on the finger tip.
The detailed requirements for populating the said slot will from the main page of Federal Board of Revenue (FBR), the tab to Valuation redirects to the following main page of Valuation Department: Directorate General of Customs Valuation (link buttons), introduction, mandate of valuation department, organogram, Section 25 of the Customs Act 1969, Section 25A of the Customs Act 1969, Chapter IX of Customs Rules, 2001 ( rule 107 to rule 122), Concept of Valuation Database (VDB), international agreements on valuation (BDV, GATT, etc), schedules of stakeholders’ meetings, valuation rulings, valuation database, FAQ, news as well as contact us link will be given at the website page of the Customs Valuation.
The importers taking a sigh of relief has appreciated the efforts of the Director General Customs Valuation Syed Tanvir Ahmed for making all out effort in making the Directorate General of Valuation a helping hand for the concern departments as well as the importers.
On the allocation of the link the concern authorities will also be uploading valuation rulings as well as the meetings details. The website of the Federal Board of Revenue will soon be presented with new change and an additional link of the customs valuation department and it will be operational in few days.
