AGL38.13▼ -0.52 (-0.01%)AIRLINK141.29▼ -1.9 (-0.01%)BOP5.62▲ 0.39 (0.07%)CNERGY3.86▲ 0.12 (0.03%)DCL7.55▼ -0.01 (0.00%)DFML47.4▲ 1.19 (0.03%)DGKC79.66▼ -1.09 (-0.01%)FCCL27.52▲ 0.13 (0.00%)FFBL54.63▼ -0.37 (-0.01%)FFL8.6▲ 0.03 (0.00%)HUBC113.42▲ 1.5 (0.01%)HUMNL11.21▼ -0.32 (-0.03%)KEL3.98▲ 0.21 (0.06%)KOSM8.53▲ 0.22 (0.03%)MLCF35.05▼ -0.29 (-0.01%)NBP63.62▲ 2.41 (0.04%)OGDC169.84▼ -2.3 (-0.01%)PAEL25.18▼ -0.48 (-0.02%)PIBTL5.88▼ -0.08 (-0.01%)PPL126.27▼ -1.85 (-0.01%)PRL24.81▲ 1.24 (0.05%)PTC13.2▲ 1.15 (0.10%)SEARL57.31▲ 0.13 (0.00%)TELE7.16▲ 0.05 (0.01%)TOMCL34.94▲ 0.26 (0.01%)TPLP7.49▲ 0.55 (0.08%)TREET14.33▲ 0.54 (0.04%)TRG46.49▼ -0.47 (-0.01%)UNITY26.06▼ -0.02 (0.00%)WTL1.2▲ 0 (0.00%)

Govt to strengthen anti-smuggling efforts

Share
Tweet
WhatsApp
Share on Linkedin
[tta_listen_btn]

In a decisive move to intensify the government’s ongoing anti-smuggling campaign, Prime Minister Muhammad Shehbaz Sharif directed all relevant government bodies, particularly the Federal Board of Revenue (FBR) and Pakistan Customs, to take stringent measures to combat smuggling across the country.

One of the key amendments reinforcing these efforts is the recent change to S.R.O.499(I)/2009 dated 13-06-2009, introduced via SRO 1619(I)/2024 dated 03-10-2024, which empowers authorities to confiscate vehicles and other conveyances used in transporting smuggled goods.

This amendment, announced earlier this month, is a reflection of the government’s firm resolve to eradicate smuggling, which has long plagued the nation’s economy, depriving it of critical revenue while encouraging the informal market.

Under the amendment, all conveyances involved in the transportation of smuggled goods are now subject to immediate confiscation without the option for redemption fine.

Related Posts