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LawPoint Customs Notifications FY 2022-23 published

LawPoint Customs Tariff Notifications FY 2022-23 published

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CUSTOMS TARIFF NOTFICATIONS

v. 2022-23

Online

Annotated

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Baggage 1

Currency declaration for int’l passengers mandatory at airports

FOREIGN CURRENCY

CURRENCY DECLARATION MANDATORY

SRO 1864(I)/2022 DATED 10-10-2022

Currency declaration for int’l passengers mandatory at airports

At Quick glance

The new mandadtory requirements for outgoing international passengers include filing a declaration at the airport of departure regarding the amount of foreign currency possessed by him or her. Likewise, all incoming international passengers are bound to declare to Customs authorities foreign currency in excess of US$ 10,000.

In the light of the new amendments to the Customs Baggage Rules, an outbound international passenger is now required to file a declaration to Customs, either electronically or in person, before or on departure at the airport. This obligation applies to passengers of all ages, alongwith their legal entitlement to carry foreign currency in accordance with their entitlement, i.e.,

  • US $ 1,000 upto the age of 5 years, or
  • US $ 5,000 for passengers above 5 years, or
  • US $ 10,000 US S for pasengers upto 18 years and above

The persons travelling to Afghanistan with the legal entitlement to carry US $1,000 shall file a declaration of currency in their possession, in the Form titled Appendix-C.

All incoming passengers who possess foreign currency in excess of US $ 10,000 or equivalent shall also file a declaration to Customs.

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Afghan

Cross-stuffing in Afghan transit cargo allowed

AFGHAN TRANSIT

CROSS-STUFFING OF AFGHAN TRANSIT CARGO ALLOWED

SRO 1908(I)/2022 DATED 12-10-2022

Cross-stuffing in Afghan transit cargo allowed

At Quick glance

FBR amends Chapter XXI of the Customs Rules, 2001, to allow for cross-stuffing of Afghan transt cargo at Pakistani ports. This means that Afghan transit goods can now be transferred from one container to another container or mode of transportation which is approved for TIR operations, at an off-dock terminal. This also includes transfer of bulk or non-containerized reverse transit cargo into open trucks of approved transport operators at land border stations.

Cross-stuffing of containerized cargo under Afghan transit trade has been allowed through amendment of Chapter XXI of the Customs Rules, 2001 allowed at the seaport terminal where cargo arrives and at any approved off-dock terminal. The main features of this new transit trade facilitation are as under:

  • The option for cross-stuffing is now avaialble in the Customs Computerized System (CCS). On filing the Goods Declaration, the trader or his representative opt for cross-stuffing of transit cargo by declaring the name of the seaport terminal or the off-dock terminal where the cross-stuffing operation is intended to take place, the marks and numbers of the new or empty containers, as well as particulars of the bonded carrier and the Customs clearing agent.
  • Cross-stuffing shall take place under Customs supervision whereby cargo will be cross-stuffed from one container to another container of the same size i.e., 20 feet into 20 feet and 40 feet into 40 feet.
  • Cross-stuffing will also be allowed into boxed vehicles approved for transportation of cargo under TIR.
  • The cross stuffing of cargo shall be allowed inside seaport terminals only.
  • The inter-port movement of cargo destined for off-dock terminal shall be allowed through licensed bonded carriers.
  • The terminal operator shall be responsible for the integrity, security and proper cross stuffing of the cargo.

The cross-stuffing of transit cargo would facilitate reduction in the cost of transit through Pakistan by enabling the Afghan importers to give up the cargo container of the first instance, and utilizing another container for onward border cross-over etc.

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LawPoint keeps you abreast of changes in Customs statutory and secondary laws. Our "one-view" updates provide a succinct briefing on laws impacting import and export trade, procedural compliance requirements, and possibilities opened up by new legislation.

ACD

Auto parts for assembly operations re-notified

ADDITIONAL CUSTOMS DUTY

AUTO PARTS FOR ASSEMBLY OPERATIONS RE-NOTIFIED

SRO 1930(I)/2022 DATED 18-10-2022

Auto parts for assembly operations re-notified

At Quick glance

FBR has partially revised the list of automotive components and sub-components used in the assembly of vehicles, i.e., agricultural tractors, road tractors, buses etc., originally notified under SRO 693(I)/2006 dated 01-07-2006. These changes have been introduced to harmonize the list of the automotive components and sub-components with the HS 2022-based First Schedule to the Customs Act, 1969.

FBR has amended the previously promulgated SRO 693(I)/2006 dated 01-07-2006, the legal framework for the levy of Additional Customs Duty on imports of automotive components and sub-components used for the assembly of vehicles in the country. The main purpose underlying the amending Notification No. SRO 1930(I)/2022 dated 18-10-2022 is to substitute the product description of automotive components and sub-components as has been adopted with the re-modelling of the First Schedule (Customs Tariff) to the Customs Act, 1969, on the basis of the 2022 version of the Harmonized System.

Most of the amendments have been made in the Appendix II of SRO 693(I)/2006 dated 01-07-2006, whereby product descriptions in 30 tariff lines have been revised. Appendix-I has undergone changes to the extent of four tariff lines only.

Keep up-to-date with LawPoint Updates

LawPoint keeps you abreast of changes in Customs statutory and secondary laws. Our "one-view" updates provide a succinct briefing on laws impacting import and export trade, procedural compliance requirements, and possibilities opened up by new legislation.

RD 1

Exemption from RD on stranded import cargo

REGULATORY DUTY

EXEMPTION FOR STRANDED IMPORT CARGO

SRO 1953(I)/2022 DATED 24-10-2022

Exemption from RD on stranded import cargo

At Quick glance

FBR exempts stranded import cargo from payment of Regulatory Duty. Exemption applies to uncleared cargo, which was previously banned by the MoC for import into the country vide SRO 598(I)/2022 dated 19-05-2022.

FBR has amended the previously promulgated SRO 966(I)/2022 dated 30-06-2022, the legal framework for the imposition of Regulatory Duty on imports into the country, vide SRO 1953(I)/2022 dated 24-10-2022. The rationale behind amending SRO 966(I)/2022 dated 30-06-2022 is to grant immediate relief to the stranded import cargo at the ports from the payment of Regulatory Duty, and therrfore to minimize the cost of clearance associated with it.

It may be recalled that the Ministry of Commerce vide SRO No. 598(1)/2022 dated 19-05-2022 had imposed a ban on the import of the so-called ‘non-essential’ imports to reduce the import bill of the country. This ban was withdrawn recently, which paved the way for the clearance of the stranded cargo, which had reached the national seaports by the time the import ban had come into vogue.

It is important to note that exemption from the payment of Regulatory Duty is available in cases where Customs Goods Declarations have been filed on or after the 22nd day of August, 2022, and where the surcharge calculated as per Office Memoranda, dated 22-07-2022, 19-08-2022 and 23-08-2022, issued by Ministry of Commerce is higher than the cumulative revenue impact of Regulatory Duty and Additional Customs Duty levied vide SRO 1571(1)/2022 and SRO 1572(I)/2022, both dated the 22-08-2022, respectively.

Keep up-to-date with LawPoint Updates

LawPoint keeps you abreast of changes in Customs statutory and secondary laws. Our "one-view" updates provide a succinct briefing on laws impacting import and export trade, procedural compliance requirements, and possibilities opened up by new legislation.

ACD

Exemption from ACD on stranded import cargo

ADDITIONAL CUSTOMS DUTY

EXEMPTION FOR STRANDED IMPORT CARGO

SRO 1954(I)/2022 DATED 24-10-2022

Exemption from ACD on stranded import cargo

At Quick glance

FBR exempts stranded import cargo from payment of Additional Customs Duty. Exemption applies to uncleared cargo, which was previously banned by the MoC for import into the country vide SRO 598(I)/2022 dated 19-05-2022.

FBR has amended the previously promulgated SRO 966(I)/2022 dated 30-06-2022, the legal framework for the imposition of Additional Customs Duty on imports into the country, vide SRO 1954(I)/2022 dated 24-10-2022. The rationale behind amending SRO 966(I)/2022 dated 30-06-2022 is to grant immediate relief to the stranded import cargo at the ports from the payment of Additional Customs Duty, and therrfore to minimize the cost of clearance associated with it.

It may be recalled that the Ministry of Commerce vide SRO No. 598(1)/2022 dated 19-05-2022 had imposed a ban on the import of the so-called ‘non-essential’ imports to reduce the import bill of the country. This ban was withdrawn recently, which paved the way for the clearance of the stranded cargo, which had reached the national seaports by the time the import ban had come into vogue.

It is important to note that exemption from the payment of Additional Customs Duty is available in cases where Customs Goods Declarations have been filed on or after the 22nd day of August, 2022, and where the surcharge calculated as per Office Memoranda, dated 22-07-2022, 19-08-2022 and 23-08-2022, issued by Ministry of Commerce is higher than the cumulative revenue impact of Regulatory Duty and Additional Customs Duty levied vide SRO 1571(1)/2022 and SRO 1572(I)/2022, both dated the 22-08-2022, respectively.

Keep up-to-date with LawPoint Updates

LawPoint keeps you abreast of changes in Customs statutory and secondary laws. Our "one-view" updates provide a succinct briefing on laws impacting import and export trade, procedural compliance requirements, and possibilities opened up by new legislation.

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