- Pakistan Customs expanded Faceless Customs Assessment to facilitate trade and reduce human interaction.
- FCA launched in December 2024, affecting those benefiting from the old system.
- Some media outlets have spread false narratives against FCA without proper investigation.
- Reports falsely claimed under-invoicing of luxury vehicles, like a Toyota Land Cruiser.
- The vehicle was actually assessed at Rs. 10.05 million, with Rs. 47.2 million recovered in duties and taxes.
- FCA assessed vehicles at higher values, ensuring no revenue loss.
- Allegations of trade-based money laundering in vehicle imports are unfounded.
- Only overseas Pakistanis can import vehicles under specific schemes, with no foreign exchange remittance.
- Import of used vehicles occurred before FCA’s launch.
- FBR conducts internal reviews and audits of FCA to identify and address system gaps.
Source: fbr.gov.pk
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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