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FBR ends penal surcharge on overstayed goods
 
May 23, 2012
 
 
FBR ends penal surcharge on overstayed goods


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ISLAMABAD  - The FBR has provided relief to the business community by extending the warehousing period and waiving off the penal surcharge on overstayed goods, lying uncleared at the Customs bonded warehouses. This measure has been taken to facilitate the trade and industry and commercial importers who have not been able to clear their goods in time on payment of duty and taxes. A notification was issued by the FBR whereby penal surcharge on goods not cleared within the prescribed period has been fully waived off. 

 
 
on epaper page 16
 
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