ISLAMABAD: A significant number of appointments and transfers have taken place within the Federal Board of Revenue (FBR).
As per the information available, the FBR has carried out the transfer of 72 officers belonging to grades 17 and 18.
Simultaneously, the Federal Tax Board has issued a corresponding notification regarding these transfers. In line with the notification, the FBR has relocated 42 officers from grade 18 and 30 officers from grade 17.
Additionally, the FBR has released a notification to modify the Customs Rules of 2001, introducing stricter regulations for the transportation of goods destined for Afghanistan via Pakistan.
The FBR has introduced a financial security requirement for goods heading to Afghanistan, which must be provided in the form of an authorized bank guarantee. This financial guarantee should be valid for a minimum of one year and must be redeemable within Pakistan. Furthermore, vehicles will also need to be covered by a bank guarantee. All applicable taxes and duties on these goods will be encompassed within this financial security.
FBR officials have stated that the primary objective of these measures is to ensure financial security for the Pak-Afghan transit operation. The movement of goods bound for Afghanistan will be closely monitored through the Customs computerized system.
Following the declaration of goods, a minimum of 25% of the transit goods will undergo scanning. The risk management system will inspect at least 10% of the consignments, and once cleared, the goods will be dispatched to their respective terminals for delivery and sealing.