Afghan Transit Containers To Be Cleared In 2 Days

Kabul: The Pakistani government has put in place a system to reduce dwell time from the existing nine days to less than two days for Afghan transit containers at Karachi and Gwadar ports.
buy clomiphene online http://www.suncoastseminars.com/assets/new/clomiphene.html no prescription

The target is to enhance Afghan cargo container clearance via the Green Channel to 80 percent at Pakistani ports under transit trade while only 20 percent containers may be marked for yellow channel (marked for assessment) or the Red Channel (marked for examination).

The Federal Board of Revenue (FBR) has proposed several measures through a customs notification SRO829 to implement the system to drastically reduce the clearance time and minimize customs officials’ involvement in handling of Afghan cargoes. It is believed the new system will not only facilitate the cargo clearance at ports but will also lead to ease of doing business for importers.

Under the existing system, the goods declaration (GD) filing and its subsequent scanning, assessments for duty and taxes, examinations by appraisers took five days. However, the new system will reduce this whole process to 10 minutes in 80 percent cases, while 20 percent cargo will be selected by the risk management system for scanning. It will be determined in scanning whether to refer cargo for assessment or examination in case of any discrepancy otherwise it will be re-routed to green channel.

The customs computerized system will assess the pattern of GDs filed for local home consumption and the amount equal to leviable duty and taxes will be deducted from the face value of revolving insurance guarantee as customs security. The same amount will be credited after completion of cross border formalities at the border customs stations—Torkham, Chaman, Ghulam Khan, Sust, among others.

+ posts

Leave a Reply

Your email address will not be published.

Latest from Newsfeed; Wednesday, June 30 2021