Amendment in Terminal Operator Requirement

GOVERNMENT OF PAKISTAN
(REVENUE DIVISION)
FEDERAL BOARD OF REVENUE

Islamabad, the 2nd December, 2020.

NOTIFICATION
(Customs)

S.R.O. 1302(I)/2020.- The following draft of certain further amendment in the Customs Rules, 2001, which the Federal Board of Revenue proposes to make in exercise of the powers conferred by section 219 of the Customs Act, 1969 (IV of 1969), section 50 of the Sales Tax Act, 1990, section 40 of the Federal Excise Act, 2005 and section 237 of the Income Tax Ordinance, 2001 (XLIX of 2001), is hereby published for information of all persons likely to be affected thereby and, as required under sub-section (3A) of the said section 219, notice is hereby given that objections or suggestions thereon, if any, may for consideration of the Board be sent within fifteen days of publication of the draft amendment in the official Gazette. Any objections or suggestions thereon which may be received from any person before the expiry of the aforesaid period shall be taken into consideration by the Federal Board of Revenue, namely:-

DRAFT AMENDMENTS

In the aforesaid Rules, in rule 554, in sub-rule (6), in clause (d), for the word "bank", the word "security" shall be substituted.

[C. No.1(2)/L&P/2019]

(Wajid Ali)
Secretary (Law & Procedure)