Chairman FBR confirms missing of 24000 containers

Chairman FBR confirms missing of 24000 containers
Updated on

Summary FBR Chairman confirmed that 24000 containers have gone missing from January 2007 to October 2010.

While giving briefing to National Assembly’s standing committee meeting, Salman Siddique said that about 350000 containers were bring into Pakistan under Afghan Transit Trade (ATT) from January 2007 to October 2010. He also confirmed that 265 containers of ISAF were also lost during this period.He assured that the investigation of missing containers has almost completed.He maintained that national deposits will suffer a loss of Rs 5 billion due to the missing container because a number of duties and taxes would not be paid. Chairman FBR also admitted that the objective of flood surcharge could not be attained.The FBR chairman also said that show-cause notices have been issued to the culprits including importers, clearing agents, terminal/port operators, custom officials, shipping agents and transporters.

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