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FBR defines a new Customs System

FBR defines a new Customs System

Karachi:

The Federal Revenue Council (FBR) has issued a formal notice after the establishment of a new system and jurisdiction for the Directorate of Customs Information and Risk Management.

According to the notice, the headquarters of this Directorate will be in Islamabad, while its regional offices will be in Karachi, Lachori, Pesauar, Queta and Islamabad. The address will also take advantage of a risk management unit and a cross -border wing.

According to the new system, the Director General of Customs Information will have power across the country and will report directly to the FBR. The responsibilities of the General Manager will include the prevention of smuggling, the measures against money laundering, the detection of irregularities in imports and exports, the management of risks through modern systems and the collection of information.

Regional Directors will be authorized to conduct information operations in their respective provinces against smuggling, tax evasion and tax evasion and other illegal activities. The Risk Management Unit will operate nationally to identify and prevent risks during imports and exports, while the cross -border wing of foreign exchange rates will be responsible for the interruption of illegal coins at all borders.

According to the notification, all resources, employees and budgets of the old customs agencies have been transferred to the new Directorate -General for Intelligence and Risk Management. In addition, FBR has formed a special committee to deal with any difficulties that arise during application. This committee will prepare and submit its report within 30 days.

According to the notice, the responsibilities of the Director General will also include strategic leadership, risk management and compliance strategy, information collection, National Targeting Center, supervision of the Customs Management System, Education and Performance Monitoring.

The head of the headquarters and the targeting will oversee the administrative and detailed functions of the National Targeting Center.

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