The Federal Board of Revenue (FBR) has categorically denied allegations of clearance of luxury vehicles on low value.
FBR has presented documentary evidence that duties and taxes were properly assessed and collected as per notified valuation tables contrary to the news item that reported Toyota Land Cruiser was cleared under FCA against value of Rs. 10.05 million (not Rs. 17,800) and duties/taxes of Rs. 47.2 million were collected.
It was also clarified that all restricted goods were cleared only after fulfilling all regulatory requirements prescribed by the import policy order.
Addressing concerns about increased dwell time, the FBR chairman clarified that minor delays are mainly due to external factors such as port congestion and procedural bottlenecks, and not due to the FCA mechanism itself.
The chairman emphasized that the leaked audit observations cited in the media report were preliminary, exaggerated, and in some cases factually incorrect.
Read More: FBR Rejects Claims of Rs. 100 Billion Revenue Loss Due to Faceless Customs Assessment
Reaffirming the government’s commitment to transparency and reform, the chairman said “FCA is a cornerstone of FBR’s transformation plan. We will continue to strengthen this system for improved compliance, facilitation, and efficiency, while taking all necessary action against elements trying to derail these reforms.”
