FBR to confiscate smuggled vehicles during processions across country.

Byline: Imran Ali Kundi

ISLAMABAD -- Federal Board of Revenue (FBR) on Monday warned that certain unscrupulous elements may attempt to avail the opportunity of transporting smuggled vehicles under garb of crowds, groups and dharna processions moving across country.

The FBR has issued a statement wherein it has been informed that certain unscrupulous elements may attempt to avail the opportunity of transporting vehicles under garb of crowds, groups and dharna processions moving across country. Customs field formations have been alerted to jointly apprehend such smuggled vehicles.

Meanwhile, FBR Chairman Shabbar Zaidi has issued a letter to the Heads of all banks wherein reference to the earlier sent letter dated October 1, 2019 has been given and it has been stated that bank's role is to act as a trustee/ custodian on behalf of the various customers for the acquisition of T-Bills, PIBs etc. No information in this respect has been received so far. This reminder letter is being written for the reason that FBR is obliged to ensure in order to comply with various regulatory...