Latest news with #CustomsRules


Business Recorder
07-05-2025
- Business
- Business Recorder
Carriers/transport operators: FBR to conduct 3rd-party audit of tracking services
ISLAMABAD: The Federal Board of Revenue (FBR) will conduct third party audit of tracking services provided by carriers or transport operators. The FBR has issued an SRO 71(I) 2025 to notify draft amendment in the Customs Rules, 2001 here on Tuesday. Previously, the FBR had notified the draft rules as per SRO 161 (1)2025. According to the notification, the Project Director shall arrange to carry out third party audit of the system annually and periodical third party monitoring of tracking services. The third party audit report shall be used for system related improvements and corrective and remedial actions, where warranted. Previously, the Project Director shall arrange to carry out audit of the system every year. The report shall be used for system related improvements and corrective and remedial actions, where warranted. Now, the condition of third party audit and monitoring of tracking services has been specified in the Customs Rules. Copyright Business Recorder, 2025


Express Tribune
27-02-2025
- Business
- Express Tribune
Govt to amend rules for DAP clearance
Complaints were being received that fertiliser companies and dealers were forcing farmers to buy di-ammonium phosphate (DAP) with urea. photo: FILE The federal government has decided to link the clearance of Di-Ammonium Phosphate (DAP) to Afghanistan under the bilateral transit trade to insurance guarantee, according to a draft of amendments to the Customs Rules 2001 issued by the Federal Board of Revenue. According to a document available to The Express Tribune, the FBR has asked the relevant stakeholders to submit their objection or suggestion on this amendment within three days, after which the amended Customs Rules would be implemented through a gazette notification.