Reform Plan: Caretaker Government to Establish Special Customs Board

FBR's Q1 revenue details shared with IMF for 2023-24

The caretaker government is set to institute a specialized Customs Board as part of the ongoing reform plan for Pakistan Customs. Under the tax reform program, five federal secretaries, including Finance, Industries and Production, National Food Security, Commerce, and Interior, will serve as ex-officio members of the Customs Board.

Sources reveal that FBR Chairman, Amjad Zubair Tiwana, recently presented the reform agenda of the FBR to Caretaker Prime Minister Anwaarul Haq Kakar.

In a significant move, the government has decided to establish the position of “Member Appraisement” within the Customs Department. This initiative aims to separate appraisement from operations and enforcement functions, streamlining processes for enhanced efficiency.

Additionally, the reform framework includes plans to expand the coverage of the Track and Trace System across more sectors. This strategic enhancement is expected to bolster monitoring capabilities and curb illicit activities within the specified sectors.

Furthermore, tax authorities are gearing up to introduce an electronic invoicing system in designated sectors. This innovative approach aims to revolutionize supply chain management by providing real-time monitoring capabilities. The implementation of an electronic invoicing system is anticipated to reduce or eliminate the risks associated with smuggling.

As Pakistan Customs undergoes these transformative changes, the establishment of a specialized Customs Board and the introduction of advanced systems underscore the government’s commitment to modernizing and optimizing customs operations for increased effectiveness and transparency.

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