- FBR has established the Directorate General of Special Initiatives for Customs to improve revenue collection and combat illicit trade.
- The Directorate aims to eliminate revenue leakages and enhance the efficiency of Pakistan’s customs operations.
- The office includes a Director General and two Directors at FBR Headquarters.
- Their role involves collaborating with field formations, identifying weaknesses, and proposing solutions for issues like mis-declaration and smuggling.
- The Directorate will address systemic inefficiencies and streamline processes to enhance tax collection.
- Key functions include coordination and information exchange, identifying revenue leakages, preventing mis-declaration and under-invoicing, capacity building and training, and reporting to Member Customs-Operations.
- The initiative aims to reinforce customs operations, enhance transparency, and optimize revenue collection to strengthen Pakistan’s fiscal stability.
Source: pkrevenue.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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