Formulation of rules for freight forwarders: PHMA asks FBR to constitute task force
Pakistan Hosiery Manufacturers Association (PHMA) has demanded of the Federal Board of Revenue (FBR) to constitute a Task Force under Chief Collector of Customs to formulate the rules for Freight Forwarders to make them work under the preview of customs license.
It was recommended in meeting between the representatives of PHMA and Additional Collector of Customs held here recently. The members of PHMA emphasised that the proposed Task Force should examine the working of Manifest clearance, the filing of import and export Manifest by each arriving and departing vessel, the process of checking entries in the Export Manifests with the documents, including Bills of Lading, received in the section and identifying non-compliance of the prescribed procedure while the whole action should be completed within two months.
They suggested that there should be a procedure for monetary action and legal proceedings against Freight Forwarders besides a customs license because mere revocation of the license would not be adequate to address the grievances of the exporters.
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