Pakistan's Federal Board of Revenue Extends Warehousing Period and Provides Penalty Relief for Goods that Have Not Cleared Customs

Pakistan's Federal Board of Revenue has published a release on the issuance of Notification No. SRO 1399(I)/2021, which extends the warehousing period and provides penalty relief for goods that have not cleared customs within the prescribed period.

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FBR EXTENDS WAREHOUSING PERIOD UP TO 25TH NOVEMBER

Building further on its policy of ensuring ease of doing business, Federal Government has provided relief to the business community by extending the warehousing period and waiving off the …