KARACHI: The senior officials of the Directorate General of Reforms and Automation and the State Bank of Pakistan will impart training to the customs officers on issuance of E-Form for goods declaration from July 27 to 31, 2015.
The official sources told Customs Today that the customs team, comprising experts from the Pakistan Customs and SBP, would be headed by Director Majid Yousfani.
These experts will hold training sessions for the officials in Lahore, Faisalabad, Islamabad, Sialkot and Peshawar and create awareness on the issuance of E-Form for goods declaration and realization of remittances through the Bank Credit Advice (BCA).
According to sources, the automation process involves attaching the approval of commercial banks with the goods declarations (GDs) and the automation would help track the receiving of foreign exchange under each of the E-form, thereby ensuring reconciliation of foreign exchange received for every export order sent from the country.
The digitalization of the E-Form process would help SBP reconcile the foreign exchange proceeds from exports and to take action in case of any discrepancies.
It is pertinent to mention here, that the suggestions and recommendations in order to check the veracity of Form-E Form the SBP and other commercial banks through online process had been sent by the then Export Collector Manzoor Hussain Memon; adding that all the stakeholders after finalizing the business process in connection with issuance of Form-E had agreed upon executing the process.
