A news item alleging a revenue loss of Rs. 100 billion due to the launch of the Faceless Customs Assessment (FCA) system has been thoroughly rebutted by the Chairman FBR along with his team of senior customs officers during a media briefing today.
The report was based on misinterpretation of a preliminary audit report of the Directorate General of Post Clearance Audit (PCA).
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During a detailed media briefing, the Chairman explained that FCA was introduced in December 2024 to enhance transparency and eliminate collusion between traders and customs officials.
Far from causing losses, FCA has led to a significant increase in revenue collection, nearly 30 percent higher since its launch. and a fourfold rise in contravention cases against the non-compliant traders.
