A 'Connectivity Bus' will be launched soon to exchange trade data between Pakistan and China. This system will play a vital role in controlling the issue of under-invoicing.
Chief Collector Customs Karachi, Zahid Khokhar disclosed this while speaking at the Lahore Chamber of Commerce and Industry (LCCI) here on Monday. He said the 'Connectivity Buss' is a modern system developed with latest technology that would drastically reduce under invoicing in trade with China. A modern system is also being developed for checking of trading goods which would reduce human involvement and ensure transparency, he said.
The Chief Collector told the meeting that WeBOC is a program of international level. This system has been developed by the local experts and the entire world is acknowledging its efficiency, he added.
Regarding the Electronic I-Form, he said that data has been compiled and brought into this system. He said the work is well on the way to make this system friendly, and added that the smuggling has been minimised following efforts of the law enforcement agencies. Stringent measures have also been taken to control illegal trade from Pak-Afghan border, he added.
LCCI President Abdul Basit stressed the need for educating the LCCI members regarding laws, procedures and SOPs followed by customs through seminars, workshops and hands on trainings. He pointed out that importers are facing hardship while transporting imported goods from ports to warehouses as the customs officials frequently stop them on the pretext of checking during transit.
"We believe that consignments once cleared by the customs authorities should not be checked time and again while moving up country," the LCCI president said.
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