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 proposes amendments to Customs Rules 2001, int’l shipment regulations

byCT Report
19/03/2026
in Breaking News, Islamabad, Latest News, Slider News
Share on FacebookShare on Twitter

ISLAMABAD: The Federal Board of Revenue (FBR) has issued draft amendments to the Customs Rules 2001 and Pakistan’s international shipment regulations, aiming to improve accountability, transparency, and efficiency in export and transshipment operations.

According to reports, under the proposed amendments to the Export Facilitation Scheme, exporters will be required to submit detailed reports six months after benefiting from the scheme.

You might also like

SAARC chief urges turning South Asia’s challenges into opportunities

24/04/2026

DG Valuation revises import values for PVC, PU coated vide VR No.2068/2026

24/04/2026

These reports must include information on duty-free imported raw materials, goods produced from those materials, local sales, and total value addition. Exporters must also provide details of any wasted raw materials and their disposal.

The report must be submitted within 30 days after the six-month period. FBR officials said these measures are intended to ensure exporter accountability and enhance transparency in the system.

Separately, amendments to the International Transshipment Rules seek to designate Pakistan’s ports as international transshipment hubs.

The draft allows storage, handling, and transfer of international cargo, including foreign goods, through Pakistani ports for onward shipment to other countries. The rules apply to both air and sea shipments, including containerized cargo and air freight.

The FBR draft also permits 100 percent scanning and physical inspection of cargo, and introduces penalties for theft, misdeclaration, or damage of goods during transshipment. Shipping lines and airlines will be held liable for duty and taxes in case of violations.

Additionally, the Chief Collector will have authority to detain goods involved in breaches.

The FBR has invited suggestions and feedback on the draft amendments before issuing the final Statutory Regulatory Order (SRO).

Officials stated that the proposed changes aim to modernize Pakistan’s trade facilitation framework while strengthening compliance and revenue safeguards.

Related Stories

SAARC chief urges turning South Asia’s challenges into opportunities

byCT Report
24/04/2026

ISLAMABAD: President of the SAARC Chamber of Commerce and Industry, Chandi Raj Dhakal, has emphasized that South Asia’s economic and...

DG Valuation revises import values for PVC, PU coated vide VR No.2068/2026

byCT Report
24/04/2026

KARACHI: The Directorate General of Customs Valuation has revised customs values for imports of PVC, PU and other coated fabrics...

PM clears NBP’s long-awaited Rs35 per share dividend

byCT Report
24/04/2026

ISLAMABADI: National Bank of Pakistan has received approval for its long-delayed dividend payout after Prime Minister Shehbaz Sharif cleared the...

SBP eases import financing rules for oil & LNG amid geopolitical crisis

byCT Report
24/04/2026

KARACHI: The State Bank of Pakistan (SBP) has revised key foreign exchange instructions to facilitate the import of crude oil,...

Next Post

PNSC sustains energy lifeline during regional maritime tensions

  • 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.