FBR amend rules to stop misuse of temporary importation of vehicles

ISLAMABAD: The Federal Board of Revenue (fbr) has further amended rules to circumvent the mis-use of carnet de-passage/temporary importation of vehicles by foreigners/ex-patriate Pakistanis.

FBR on Tuesday issued SRO 533 (I)/2023 dated 08.05.2023 to further amend rules pertaining to the temporary importation of vehicles.

In order to circumvent the mis-use of carnet de passage/temporary importation of vehicles by foreigners/ex-patriate Pakistanis, the FBR has issued SRO 533 (I)/2023 dated 08.05.2023 amending the temporary importation of vehicles’ rules covered under Chapter VI of the Customs Rules 2001.

Under the new rules, definition of the "tourist" has been updated and new provisions have been incorporated to strictly monitor the carnet related information through Pakistan Customs Computerized System and by keeping close liaison with Federal Investigation Agency (FIA).

The passport of the tourist will be flagged with the carnet documents for proper reconciliation of vehicles imported under the carnet facility.

Endorsement relating to export

The officer in charge of the Customs station of exit shall make a stamped endorsement on the passport of the importer when a vehicle is imported and shall record the export in the customs computerized system and communicate it to the FIA.

Reconciliation of carnet vehicles

The officer in charge at the end of each month shall carry out reconciliation of all vehicles entered through that customs station and any vehicles which are outstanding after the expiry of the retention period shall be identified and all necessary steps shall be taken for the recovery of duties and taxes thereon as well as for the seizure of such vehicles.