FBR fetches Rs 3b as 10,000 smuggled vehicles legitimised

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ISLAMABAD - The Federal Board of Revenue (FBR) has fetched Rs 3 billion through legitimising around 10,000 (ten thousand) vehicles across the country under the amnesty scheme notified by it, for legitimising the smuggled and non-duty paid vehicles. According to the statement issued here, the smuggled vehicles’ amnesty scheme notified by the federal government, for legitimizing smuggled vehicles upon payment of duty and taxes, has fetched Rs. 3 billion approximately to date, through legitimizing around 10,000 (ten thousand) vehicles across the country. The FBR has reiterated again that the last date to avail this facility of the amnesty scheme will not be extended beyond 31st March 2013.

It is further clarified that all Customs’ field formations will remain open on Saturday the 30th and Sunday the 31st March, 2013 as a special arrangement to facilitate persons availing this amnesty scheme. Moreover, designated branches of National Bank of Pakistan will also remain open on aforementioned days.

It is worth mentioning here that Federal Board of Revenue (FBR) has introduced amnesty scheme for vehicles, which has been brought into the country without payment of customs duty, to legalize their smuggled vehicle by March 31 2013 by paying nominal tax/duty. The scheme is expected to generate revenue of Rs12-15 billion and will give an opportunity to registered around 2.3 million vehicles, which are already on roads.


Courtesy: The Nation

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