FBR bars travellers from bringing goods worth over $1,200 into Pakistan
Tax collecting authority issues notification regarding an amendment to the Baggage Rules 2006
The Federal Board of Revenue (FBR) on Monday issued new guidelines regarding baggage, restricting the passengers travelling to Pakistan from other countries from bringing items in large quantity.
The notification said that recommendations on amendments regarding the "commercial quantity" can be made within seven days.
The FBR also said that they will not be accepted after the stipulated period.
According to the notification, passengers will only be allowed to bring one mobile phone from abroad for personal use while other phones will be confiscated.
Meanwhile, goods brought from abroad would be considered for commercial use if they are worth more than $1,200, said the FBR.
The FBR, in the notification, added that the additional items will not be released on payment of duty, taxes and redemption fine.
-
Meta’s new ‘Forum’ app triggers 6% drop in Reddit stock -
Uber considers full takeover of Delivery Hero in major expansion move: Report -
Workday shares soar as AI demand mitigates investor concerns -
Do you know that Pokémon cards are now outsmarting stock market? Here’s why -
Workday stock jumps as company raises margin forecast on AI demand -
Walmart warns prices could rise as fuel costs surge during Iran conflict -
Quantum stocks surge following US plans to award $2 billion and take equity stakes -
Why does the Trump administration want to award $2 billion to quantum computing firms?
