Islamabad, December 14, 2019 (PPI-OT): On the front page of the daily The News dated 12th December, 2019, incorrect figures are reported in the News, under the heading ‘Pakistan conveys the China customs authorities its reservations about Trade Data Exchange’, about under-invoicing /over-invoicing and the resultant revenue loss. Moreover, FBR wants to make it clear that it has not provided these figures.
It is important to highlight here that because of close cooperation between Pakistan Customs and China Customs, this difference is substantially reduced. In the meeting, both sides undertook to ensure closer/enhanced cooperation. There is strong hope that, in coming days, the quantum of under-invoicing and over-invoicing would be minimal.
For more information, contact:
Second Secretary (Public Relations)
Federal Board of Revenue (FBR)
FATE Wing, Federal Board of Revenue,
Constitution Avenue, Sector G-5,
Islamabad, Pakistan
Phone: +92-51-9217267
Fax: +92-51-9208456
Email: mujeeb.talpur@fbr.gov.pk, talpur35@gmail.com
Website: https://www.fbr.gov.pk/