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FBR creates modules to assist exporters

January 05, 2023

Kanwal Naseer

The Federal Board of Revenue (FBR) has created and deployed a variety of modules to assist exporters under the Export Facilitation Scheme (EFS). Collector of Customs Nayyer Shafique, a group of technical specialists, senior officers from the Directorate General of Customs Automation, and Pakistan Revenue Automation Pvt. Ltd (PRAL) participated in the launch of the export modules.

According to Nayyer Shafique, the FBR has created a number of modules to ensure the seamless operation of the Export Facilitation Scheme and to assist exporters in all categories, including both direct and indirect exporters. He said the FBR gave the export industry more attention, and several officials were given the exclusive responsibility of creating and implementing modules to make doing business easier.

He said that a number of workshops would be held to inform exporters about the recently created modules and the modules that will soon be implemented. The collector outlined the key components of modules that were simple to use and focused on exporter convenience. According to him, a system for the transfer of raw materials, semi-finished items, and completely finished goods, including local sales, had been implemented in the EFS.

He said that the FBR had created the modules, particularly those that dealt with indirect exports module, input transfers, and intermediary items. These modules have been implemented quickly to help exporters overcome their challenges, he added. Senior PRAL officers stressed the technical features of modules and taught APTMA member mills how to use them, particularly with regard to buying raw materials from local vendors as part of the EFS. Along with the SME-related programme under the Temporary Importation Regime, they also described the transfer method for raw materials with a bond.

Speaking at the event, Senior Vice Chairman of APTMA Kamran Arshad praised the FBR for its proactive response to the concerns and challenges experienced by exporters.In order to encourage additional mills to make the changeover to the EFS, he stated that the APTMA had established a path for value addition through the SME sector. He recommended that the FBR extend the deadlines for doing so by another year. He expressed the hope that the bilateral collaboration will continue in the future in order to make the system more user-friendly and error-free to meet the needs of textile exporters.

Credit : Independent News Pakistan-WealthPk