FBR Implements Stricter Rules for Temporary Vehicle Import

09 May 2023

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FBR Implements Stricter Rules for Temporary Vehicle Import

To prevent the misuse of carnet de-passage/temporary importation of vehicles by foreigners/ex-patriate Pakistanis, the Federal Board of Revenue (FBR) has introduced SRO 533 (I)/2023. The amendment is in reference to the temporary importation of vehicles’ rules, which are covered under Chapter VI of the Customs Rules 2001. The customers and the car owners can know that FBR Implements stricter rules for temporary vehicle import.

Changes in the Rules for Temporary Vehicle Importation

The new rules are aimed at curtailing the misuse of the facility and updating the definition of a "tourist." Duty-free temporary vehicle importation is now only available for foreign tourists, and Pakistani passport holders are no longer eligible. The FBR has incorporated new provisions to monitor carnet-related information through the Pakistan Customs Computerized System and by keeping close liaison with the Federal Investigation Agency (FIA).

Stringent Monitoring and Record-Keeping for Temporary Vehicle Importation

Under the new rules, the passport of the foreign tourist will be flagged with the carnet documents to enable proper reconciliation of the imported vehicles. All manual procedures have been replaced with a computerized system to assist travelers and prevent misuse of the facility. Furthermore, a monthly report will be prepared to check the status of overstaying vehicles and suggest timely penalties.

Conclusion:

The Federal Board of Revenue's updated rules on temporary vehicle importation seek to prevent misuse and promote transparency. The strict monitoring and record-keeping requirements will help curb any misuse of the facility, and the new rules will ensure that only foreign tourists can benefit from duty-free temporary vehicle importation.

FBR Vehicle Import Stricter rules Customs Duty Import Taxes FBR Vehicle News

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