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The concerned Collectorate of Customs has been empowered to conduct annual audit of units operating in Export Processing Zone (EPZ). The FBR has issued SRO 648(I)/2018 here on Friday to propose amendments to the Customs Rules, 2001. According to the FBR, goods from the tariff area, required for further processing in a zone, shall be admitted after completion of export formalities, including filing of export GD, which are normally observed for export out of the country. The importer in the zone shall file corresponding import GD for allowing entry of goods in the zone.
The condition of supply of twenty percent of the total production to tariff area shall not include the supplies made from the EPZ to tariff area under SRO 492(I)/2009 dated 13.06.2009 or DTRE scheme or manufacturing bond scheme or export oriented units scheme, as the case may be, as the same are used for manufacture of goods which are eventually exported out of Pakistan.
The rules said that any goods permitted by the aforesaid authority for entry into the tariff area may be taken out of the zone after fulfilling all the requirements prescribed under the act and the rules made there-under for the direct import from aboard in to the tariff area. The investor shall file export GD against the goods being exported from zone to tariff area and the importer in the tariff area shall also file corresponding import GD, the FBR added.

Copyright Business Recorder, 2018

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