FBR extends time limit for filing goods declaration

FBR on Monday issued a notice to extend the deadline for the completion of the proclamation announcement. FBR said it has also extended the time frame for the completion of the procurement announcement at all IGMs filed between April 07, 2020 to May 09, 2020 as long as this rule will not apply in the case of any penalties or penalties already paid by importers.

Earlier, Khurram Ijaz, Deputy President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on May 2, 2020 asked the FBR to extend the deadline for the filing of goods announcements.

Khurram Ijaz in his contact with the FBR stressed the revenue board to extend the deadline for the procurement announcement from 10 days of shipment to continue 15 days (a total of 25 days) for all IGMDs filed between March 17, 2020 and April 07, 2020.

However, the Deputy President of the FPCCI has implemented the FBR which is currently closed by the government which has caused delays in the filling of assets, which is why the opportunity provided by the fiscal body should be extended until the closure of the land until May 9, 2020.

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