Islamabad: Pakistan has decided to make further amendments to the International Transshipment Rules, the Federal Board of Revenue has issued a draft for amending the rules.
According to the document, Pakistan’s ports will be made
international transshipment hubs, international transshipment goods will be
allowed to be stored, handled, and transferred.
According to the notification, foreign goods will be stored
and sent to other countries, the rules will apply to shipments for both air and
sea routes. It will also apply to ships, containers, aircraft and air shipments
while only 100% scanned and physical check of cargo goods will be allowed.
According to the notification, a fine will be levied in case
of theft, misdeclaration or damage of goods, shipping lines or airline
companies will be obliged to pay duty tax in case of violation. The Chief
Collector will also have the authority to stop goods in case of violation. The
FBR will issue the final SRO after receiving suggestions and recommendations on
the draft.
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