FBR introduces electronic clearance mechanism

BusinessFBR introduces electronic clearance mechanism

ISLAMABAD, Pakistan: The Federal Board of Revenue (FBR) has developed a website WEBOC (web based one customs) to facilitate the importers and exporters for prompt clearance of goods electronically without physical contact between the taxpayers and tax collectors.

“WEBOC is one of the most modern and efficient system of clearance of goods which is available to most the countries around the world,” official of the Directorate General of Intelligence and Investigation Customs Lahore Ms Zainab Mehmood said.

According to press statement, Zainab was addressing the participants of one day workshop jointly organized by Directorate General of Training and Research FBR and Pakistan Furniture Council (PFR).

She said the system seeks to create a paperless environment and to do away with the role of middleman agents, adding it is meant to enhance transparency and reduce the level of corruption.

She said that it was an interactive web-based goods clearance system for both import and export of goods to and from Pakistan.

The purpose of training of the senior executives, directors and general managers was to develop the understanding among the furniture industry to expedite their clearance of goods either for export and import, she added.

The system is also aimed at helping the business community to do the business with more flexibility and at a faster pace which fully ensures efficient supply chain of solutions for them.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

PM launches Buna-Raast Connectivity Project to streamline remittances from Arab world to Pakistan

0
ISLAMABAD, Pakistan: Prime Minister Shahbaz Sharif on Thursday launched Buna-Raast Connectivity Project in Islamabad to streamline remittances from the Arab world to Pakistan. The...
Monal Restaurant in Margalla National Park shows how the Superclass manipulates rules in Pakistan

Monal Restaurant in Margalla Hills National Park shows how the Superclass manipulates rules in...

0
Islamabad, Pakistan: The saga of Monal Restaurant in Margalla Hills National Park is a textbook example of how the Superclass manipulates rules to benefit...

USD to PKR: USD Dollar Rate in Pakistan Today – 22 August 2024

0
The US Dollar (USD) was being bought and sold at Rs 279.6 and Rs 280.3 in the Open Market against the Pakistani Rupee (PKR)...

Gold Price in Pakistan Today – 22 August 2024

0
On Thursday (August 22, 2024), the gold rate for one tola of 24-karat in Karachi, Pakistan, is Rs 261,450.000.It's important to note that gold...

Pakistan’s New Envoy to US stresses need for result-oriented diplomacy

0
The newly appointed Pakistani Ambassador to the United States Rizwan Saeed Sheikh has formally assumed his diplomatic responsibilities as Pakistan’s Ambassador to the United...
Advertisement