To identify collection loopholes: FBR notifies DG (Special Initiatives-Customs) office
ISLAMABAD: The Federal Board of Revenue (FBR) has established Office of the Director General (Special Initiatives-Customs) to identify loopholes in revenue collection mechanism and eliminate misdeclaration, under invoicing/misinvoicing and smuggling.
In this regard, the FBR has issued a notification.
The FBR’s notification revealed that the Competent Authority (FBR) has approved establishment of Office of the Director General (Special Initiatives — Customs) and two Directors (Special Initiatives-Customs) in FBR (HQ), to coordinate with the field formations to identify loopholes in revenue collection mechanism (if any), discuss measures regarding prevention of misdeclaration as well as under invoicing/mis-invoicing and further streamline the efforts to curb the smuggling phenomena.
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These efforts will not only be helpful to remove multiple complex professional bottlenecks but also set-aside many unnecessary obstructions in tax collection efforts causing significant revenue loss to the national exchequer. The Director General (Special Initiatives-Customs) will also coordinate with other Ministries/Divisions/Departments regarding Customs related matters, if required so.
Salient features/functions for the office of the Director General/Directors (Special Initiatives — Customs) are as under: -
Director General/Directors (Special Initiative-Customs) will make coordination and maintain information exchange mechanism with the field formations, other Ministries/Divisions/Departments, and Provincial Authorities regarding Custom matters as assigned by the Board.
Director General/Directors (Special Initiative-Customs) will identify and examine loop holes in revenue collection system (if any) and propose remedial measures so that these loopholes may be plugged in effectively.
Director General/Directors (Special Initiative-Customs) will suggest measures to eradicate mis-declaration and under-invoicing attempts.
Director General/Directors (Special Initiative-Customs) will advise/help Customs Academy Pakistan to design special courses/workshops to create awareness among the Customs officers/officials regarding mis-declaration and under invoicing regime, the FBR notification added.
Copyright Business Recorder, 2025
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