ISLAMABAD: The Federal Board of Revenue (FBR) will launch a crackdown against the sale of smuggled petroleum products across the country from Monday.
Chairman FBR Javed Ghani has directed all field officers and staff to effectively curb the sale of smuggled petroleum products as per directions of the Prime Minister.
Earlier on January 3, Prime Minister (PM) Imran Khan ordered a crackdown on elements involved in the sale of smuggled petroleum products, inflicting a loss of Rs150 billion per annum to the national exchequer.
The prime minister ordered this while chairing a high-level meeting, which was attended by top civil and military officials.
He said that the economy is suffering irreparable loss due to the menace of smuggling and called for final action against elements involved in such illegal acts. He approved an action plan, according to which a crackdown will be launched against illegal petroleum outlets, FIRs will be registered against their owners, their properties will be forfeited, and heavy fines will be imposed.
The prime minister resolved that the money recovered from the anti-smuggling drive will be spent on the public.
According to FBR’s action plan, the crackdown will start against illegal petroleum outlets in Punjab, Khyber Pakhtunkhwa (KP), and Sindh wherein an FIR will be lodged against the owner, and proceedings for forfeiture of oil station and other properties of the owner in favour of the federal government will be initiated.
Later, similar action will be taken against corrupt elements in Balochistan, one of the major supply routes of smuggled petroleum products for selling to end consumers.
The operation has been divided into two phases. The first of which will comprise simultaneous action against illegal POL retail outlets in Punjab, Sindh, and KP which have already been geo mapped by customs and choking off supply routes of smuggled POL products from Balochistan to the rest of the country whereas the second phase will encompass mapping of requirements of POL products in Balochistan, planning for provision of legal retail outlets to replace the shortfall of smuggled oil and devising a strategy to curb POL smuggling at the international border of Balochistan.
A report about the trade of smuggled petroleum products in the country was presented to the premier during the meeting. The meeting was informed that the country is deprived of an estimated revenue of Rs150 billion per annum due to the sale of smuggled oil. As many as 2,094 fuel stations were found to be involved in the sale of smuggled petroleum products in three provinces.
Lets see how far this story goes…
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