FBR Revises Centralised Customs Examination System: What Importers Need to Know (CGO 03/2026)

In a significant move to enhance transparency and expedite trade, the Federal Board of Revenue (FBR) has issued Customs General Order (CGO) No. 03 of 2026. This order introduces a revamped Centralised Customs Examination (CEU) system for the major collectorates in Karachi, including Appraisement East, West, and SAPT. The new system is designed to eliminate […]

FBR Issues New Customs Values for Spray Dispensing Components (VR 2043/2026)

The Federal Board of Revenue (FBR) has officially released Valuation Ruling No. 2043/2026, significantly updating the customs values for spray dispensing components imported into Pakistan. This new ruling, issued by the Directorate General of Customs Valuation, supersedes the previous VR 1890/2024 to reflect current international market trends and curb under-invoicing. For importers in the pharmaceutical, […]

Chambers Demand End to Anti-Export Levies in Budget 2025-26: Key Takeaways

Introduction Pakistan’s leading chambers of commerce and industry have called on the government to abolish anti-export levies and special tax exemptions in the upcoming federal budget (2025-26). These measures, they argue, are hurting revenue collection and stifling economic growth. During a meeting with the Senate Standing Committee on Finance and Revenue, industry representatives highlighted key issues, including:âś” Revenue losses from tax exemptions in ex-FATA regionsâś” High advance […]

Pakistan Expands Fruit Exports to China: A Growing Opportunity for Economic Growth

Introduction Pakistan’s agricultural sector plays a pivotal role in its economy, contributing 23% to GDP and employing over 37% of the workforce. Among its key agricultural exports, fresh fruits—especially mangoes, kinnows, and cherries—are gaining traction in China, the world’s largest food importer. With a population of 1.4 billion and a rising middle class, China’s demand for high-quality, safe, and traceable fruits presents a […]

Massive Crackdown on Export Facilitation Scheme (EFS) Fraud Results in Arrests and Billions Recovered

Karachi: Authorities Crack Down on Massive Misuse of Export Facilitation Scheme (EFS) KARACHI: In a decisive move to curb the widespread abuse of the Export Facilitation Scheme (EFS), authorities have launched an extensive crackdown, leading to multiple arrests and the recovery of billions in lost revenue. Originally designed to support exporters by permitting duty-free import […]

Appraisement South Takes Strict Action Against Misdeclaration in GD-TP

Karachi: Customs Warns Importers and Agents on Accurate Goods Declarations for Transshipment Karachi: The Office of the Chief Collector of Customs Appraisement (South) has issued a strict directive to importers, customs agents, and licensed bonded carriers, emphasizing the necessity of accurate goods declarations (GD-TP) for transshipment purposes at ports of entry. Dated March 7, 2025, […]

Google Wallet Launched in Pakistan: A Game-Changer for Digital Payments

In a significant move for Pakistan’s digital economy, Google Wallet has officially launched in the country, offering users a seamless and secure way to manage payments, store digital cards, and access essential services. This launch marks a major milestone in Pakistan’s journey in the month of March 2025 toward becoming a cashless society and aligns with the […]

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