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FBR bans 212 Items from Afghan Transit Trade

FBR currently Rs44bn short of March collection target
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October 05, 2023 (MLN): The Federal Board of Revenue (FBR) has imposed a ban on 212 items that were being imported into Afghanistan via Pakistan under the Afghan transit trade agreement.

The Ministry of Commerce issued a Statutory Regulatory Order (SRO) on October 03, stating that the ban was in exercise of the powers conferred by the Imports and Exports (Control) Act, 1950.

The notification also listed the conditions for the ban, which include that it will not apply to the transit cargo already arrived at Pakistani ports or to the cargo meant for foreign aid to Afghanistan.

Some of the items that have been banned under the new notification include Fabrics with 17 different HS codes, Tyres, three types of Black tea, 14 different types of Cosmetics and toiletries, Nuts and fruits with 14 different HS codes, Vaccume flask, and Home appliances CBUs with 49 different HS codes.

To note, the FBR on Wednesday imposed a 10% processing fee on five major categories of Afghan transit commercial goods imported into Afghanistan via Pakistan.

These goods included confectionaries & chocolates, footwear, mechanical and electrical machinery, blankets, and home textile products, and garments under the Afghan transit trade.

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Posted on: 2023-10-05T15:29:08+05:00