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Sunday, December 22, 2024

Home Islamabad Custom officers empowered to seize assets of smugglers

Custom officers empowered to seize assets of smugglers

by News desk
January 10, 2021
in Islamabad

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Staff Reporter

In order to tighten the noose around smugglers, the Federal Board of Revenue (FBR) has empowered Customs officers to confiscate the assets of the smugglers on Saturday.
Customs officers can now take action against assets bought with the money got through smuggling.
As per the new powers, officers can confiscate the moveable and immoveable properties of the smugglers.
Amending the Custom rules, the FBR has issued SRO 2021 in this regard. The FBR is of the view that the properties bought with money from smuggling cannot be considered legal in any case.