More stringent rules for goods transported to Afghanistan via Pakistan

Islamabad: Rules for transporting goods to Afghanistan via Pakistan have been tightened.

According to details, the Federal Board of Revenue (FBR) has issued a notification amending the Customs Rules 2011.

According to the statement, the condition of financial security has been imposed on the goods transported to Afghanistan. The financial security will be provided in the form of an authorized bank guarantee and will be for at least one year and can be cashed in Pakistan.

The new conditions will be applicable to importers, customs agents, brokers and transport operators. Bank guarantee will also cover taxes and duties levied on vehicles and goods.

It is pertinent to note that two days ago, the Ministry of Commerce has banned 212 items from Pakistan to Afghanistan under the Afghanistan Transit Trade Agreement. According to the agreement, a ban has been imposed on goods to be taken to Afghanistan through Pakistan, for which the Ministry of Commerce has also issued the SRO number.