You are on page 1of 12

FBR introduces strict law against

smuggling

Image source: https://tribune.com.pk/story/2023451/1-fbr-


introduces-strict-law-smuggling
Syed Asad
Zobia Younus Ubair
Group Members: Zohan Zain Ullah
Rafiq Sajid Khan malik
Iqbal
News Source: https://tribune.com.pk/story/2023451/1-fbr-introduces-strict-
law-smuggling/

ISLAMABAD: The Federal Board of


Revenue (FBR) has issued
directives for the implementation
of law to curb smuggling and
imposition of heavy fine and
imprisonment of up to seven years
on traders involved in Smuggling.
News Source: https://tribune.com.pk/story/2023451/1-fbr-
introduces-strict-law-smuggling/

A senior officer of FBR, said that a


new clause 63(i) has been included
in section 156 part B of Customs
Act 1969, therefore,
implementation of the said clause
should be made mandatory and
cases of smuggling be dealt
accordingly.
ID CARD CONDITION WILL STAY, SAYS FBR
CHIEF

Federal Board of Revenue (FBR) Chairman


Shabbar Zaidi made it clear on Friday
that the government would not back
down from the condition of producing the
national identity card for the purchase of
Rs50,000 and stressed the need for
paying taxes.

News Source: https://tribune.com.pk/story/2017169/1-id-card-


condition-will-stay-says-fbr-chief/
News and Image Source: https://www.dawn.com/news/amp/1495708

The main purpose of the


CNIC condition is for
documenting business-to-
business transactions and
few transactions in a value
higher than Rs50,000 by
limited number of
consumers and that too
from sales tax registered
person. This condition will
help avoid, unverifiable and
fictitious business buyers
which results in huge sales
tax losses in the value
chain.
CHAIRMAN SHABBAR ZAIDI
FURTHER ADDED:

“I meet 14-15 delegations every day and


everyone says the same thing: ‘please stop
charging all these taxes’,” he said. “We
must realise that simply giving Zakat,
charity and donations is not enough…
everyone is equally liable to pay taxes.”
News Source:https://tribune.com.pk/story/2017169/1-id-card-
condition-will-stay-says-fbr-chief/

Addressing the ‘Policy Symposium


on Pakistan Economy & IMF
Programme: Challenges &
Opportunities’, Zaidi termed taxes the
only way forward for an equitable
distribution of wealth and the
establishment of an equitable society in
the country.
NEW CLAUSE: 63(i)

FBR authorities said that under the new law,


smuggled goods and vehicles used in their
transportation will be confiscated and a fine
ten times the value of illegal goods will be
imposed.

It was further told that if the goods for


transshipment are offloaded somewhere other
than their destination, the goods as well as
the vehicle carrying them will be confiscated.

News Source: https://tribune.com.pk/story/2023451/1-fbr-


introduces-strict-law-smuggling/
News SOURCE: https://tribune.com.pk/story/2023451/1-fbr-
introduces-strict-law-smuggling/

If the goods are prohibited or pilfered,


they will be confiscated and action will
be taken against the importer, supervisor
and bonded carrier and a fine ten times
the value of illegal goods will be
imposed.

In addition, the case will be run before a


special judge and an imprisonment of up
to seven years will be awarded.
It Was Further Told
That,
If transshipment rules for the import of
goods are violated, action will be taken
against the violator, inland carrier and
supervisor and a fine of up to
Rs500,000 or a penalty three times the
value of import duty or taxes will be
imposed.

News Source: https://tribune.com.pk/story/2023451/1-fbr-


introduces-strict-law-smuggling/
CONCLUSION:
*Smuggled goods and vehicles will be confiscated
and a fine 10 times of the value of the illegal good
will be imposed.
*If the goods for transshipment are offloaded
somewhere other than their destination, the goods
as well as the vehicle carrying them will be
confiscated.
*Action will be taken against the importer,
supervisor and bonded carrier.
*If transshipment rules for the import of goods are
violated, action will be taken against the violator,
inland carrier and supervisor and a fine of up to
Rs500,000 or a penalty three times the value of
import duty or taxes will be imposed.
*A case will be run before a special judge and an
imprisonment of up to seven years will be
awarded.

You might also like