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 raises customs penalties to Rs1m for key violations

byCT Report
15/08/2026
in Breaking News, Islamabad, Latest News, Slider News
Share on FacebookShare on Twitter

ISLAMABAD: The Federal Board of Revenue (FBR) has significantly increased penalties for several customs violations, with fines now reaching up to Rs1 million under a revised penalty schedule.

The changes have been introduced through SRO 136(I)/2026 and will take effect from October 1, 2026. The new schedule replaces the previous penalties issued in July 2025.

You might also like

Rs3bn risk pool to expand export credit insurance access for SMEs: PM Shehbaz

05/09/2026

Pakistan again rejects high-priced LNG cargo

05/09/2026

Under the revised rules, failure to file a goods declaration for home consumption, warehousing or transshipment within 20 days of goods arriving at a customs station will result in a penalty of Rs. 25,000 per day for the next five days.

The penalty will increase to Rs. 50,000 per day thereafter, subject to a maximum of Rs. 1 million.

For goods declarations filed before a vessel berths, importers will face penalties if the goods are not removed from the customs station within five days after assessment is completed and the vessel has berthed. The fine will be Rs. 5,000 per day for the next five days and Rs. 15,000 per day thereafter, capped at Rs. 1 million.

Where a goods declaration is filed after the vessel has berthed, failure to remove the goods within five days of clearance will attract a penalty of Rs. 10,000 per day for the next five days, followed by Rs. 20,000 per day thereafter, with the maximum penalty set at Rs. 1 million.

The revised schedule also covers export shipments. Goods that are not loaded onto the conveyance within 15 days of entering the port will attract a penalty of Rs. 15,000 per day for the next five days and Rs. 20,000 per day thereafter, subject to the Rs. 1 million maximum.

The FBR said the penalties will be imposed through adjudication proceedings or voluntary payment, depending on the applicable procedure under the Customs Act and relevant rules.

The revised penalties are aimed at ensuring timely customs declarations, faster clearance and removal of imported goods, and timely loading of export shipments.

Related Stories

Rs3bn risk pool to expand export credit insurance access for SMEs: PM Shehbaz

byCT Report
05/09/2026

ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday said that a Rs3 billion risk pool, specifically for small and medium-sized enterprises...

Pakistan again rejects high-priced LNG cargo

byCT Report
05/09/2026

ISLAMABAD: Pakistan has once again rejected a spot LNG bid from BP Singapore as rising international LNG prices, freight costs,...

PPPs, privatization critical to Pakistan’s future economic growth: Muhammad Ali

byCT Report
05/09/2026

ISLAMABAD: Adviser to the Prime Minister on Privatization and Chairman, Privatization Commission Muhammad Ali has said that the public-private partnerships...

Greece seeks stronger trade ties with Pakistan, highlights demand for skilled workers

byCT Report
05/09/2026

LAHORE: Greek Ambassador Eleni Pouriki has highlighted growing opportunities for Pakistani skilled workers in Greece as the two countries look...

Next Post

Pakistan’s foreign exchange reserves rise by $14m to $22.5b

  • 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.