FBR seizes smuggled goods worth Rs35bn in 7 months

FBR seizes smuggled goods worth Rs35bn in 7 months

By

Islamabad: The Federal Revenue Commission (FBR) confiscated smuggled goods worth 35 billion rupees in the first seven months of the current fiscal year (January 2020-21 to January 21).

According to a press statement issued by the committee on Sunday, this represents a 59% increase compared to the seizure of smuggled goods worth 22 billion rupees during the same period of the previous fiscal year (July 2019 to January 2020).

Moreover, the statement added that the counter-smuggling performance of seven months of current fiscal year (FY) is almost equal to the performance of twelve months of last fiscal year, during which smuggled items worth Rs36 billion were seized.

During current FY, the increase in value of seizure as compared to last FY has been recorded in Non-Custom Paid (NCP) vehicles, Rs11.3 billion (66%); betal nuts-Rs3.4 billion (105%); fabrics-Rs1.9 billion (28%); cigarettes, Rs. 553 million (70%); auto-parts, Rs 492 million (113%); electronic goods, Rs380 million (67%); Diesel, Rs. 899 million (93%) and Gold/silver bars/jewelry, Rs. 271 million (104%).

During the current financial year, FBR also made major seizures of endangered wildlife-falcons, liquor and narcotics.

In addition, Pakistan Customs has also played a vital role in the seizure of 60 million tons of iodine used to manufacture the illegal drug methamphetamine. International agencies such as the Office of Drugs and Crime and the US DEA Office also expressed appreciation for this.

In addition, the recent action against illegal POL exports led by the Pakistan Customs has also successfully combated the threat of smuggling, blocked more than 2,000 illegal exports across the country, and initiated criminal proceedings against the perpetrators.

You may also like

%d bloggers like this: