AGL 40.25 Increased By ▲ 0.09 (0.22%)
AIRLINK 131.40 Decreased By ▼ -0.33 (-0.25%)
BOP 6.71 Increased By ▲ 0.02 (0.3%)
CNERGY 4.57 Increased By ▲ 0.10 (2.24%)
DCL 9.13 Increased By ▲ 0.31 (3.51%)
DFML 41.20 Increased By ▲ 0.59 (1.45%)
DGKC 84.50 Increased By ▲ 0.42 (0.5%)
FCCL 32.23 Decreased By ▼ -0.11 (-0.34%)
FFBL 74.20 Increased By ▲ 5.59 (8.15%)
FFL 11.37 Increased By ▲ 0.02 (0.18%)
HUBC 110.70 Decreased By ▼ -1.06 (-0.95%)
HUMNL 14.25 Decreased By ▼ -0.06 (-0.42%)
KEL 5.24 Increased By ▲ 0.02 (0.38%)
KOSM 9.19 Increased By ▲ 0.21 (2.34%)
MLCF 39.13 Decreased By ▼ -0.30 (-0.76%)
NBP 60.43 Increased By ▲ 0.14 (0.23%)
OGDC 194.68 Decreased By ▼ -0.26 (-0.13%)
PAEL 26.86 Increased By ▲ 0.17 (0.64%)
PIBTL 7.56 Increased By ▲ 0.08 (1.07%)
PPL 154.90 Decreased By ▼ -0.87 (-0.56%)
PRL 26.85 Increased By ▲ 0.17 (0.64%)
PTC 18.10 Decreased By ▼ -0.20 (-1.09%)
SEARL 82.84 Decreased By ▼ -0.18 (-0.22%)
TELE 8.43 Increased By ▲ 0.20 (2.43%)
TOMCL 34.90 Increased By ▲ 0.35 (1.01%)
TPLP 9.10 Increased By ▲ 0.29 (3.29%)
TREET 17.40 Increased By ▲ 0.70 (4.19%)
TRG 62.80 Increased By ▲ 0.35 (0.56%)
UNITY 27.21 Decreased By ▼ -0.23 (-0.84%)
WTL 1.32 Increased By ▲ 0.04 (3.13%)
BR100 10,256 Increased By 69.7 (0.68%)
BR30 31,408 Increased By 71.9 (0.23%)
KSE100 96,010 Increased By 464 (0.49%)
KSE30 29,723 Increased By 145.3 (0.49%)

ISLAMABAD: To facilitate importers, the Federal Board of Revenue (FBR) Tuesday announced that the condition of upfront payment of duty and taxes shall not be applicable, if the declaration is filed through the Pakistan Single Window (PSW) system.

The FBR has issued SRO 60(I)/2022, here on Tuesday to issue draft amendments in the Customs Rules, 2001.

Cos having only foreigners as directors: PSW introduces new feature in subscription system

According to the notification, the condition of upfront payment of duty and taxes shall not be applicable, if the declaration is filed through the PSW system where declaration shall be deemed to have been filed upon submission through the system.

Copyright Business Recorder, 2022

Comments

Comments are closed.