The federal government has made it mandatory on all importers to make payment of duties and taxes exceeding Rs1 million through the e-payment system. AFP/File
LAHORE: In compliance with FATF requirements and as a measure towards digitsation and automation of economy, the federal government has made it mandatory on all importers to make payment of duties and taxes exceeding Rs1 million through the e-payment system.
From Wednesday (Jan 20), all duties and taxes over Rs1m will be paid only through the system of e-payment internet/mobile banking, ATMs, over-the-counter (OTC) or any other electronic method approved by the State Bank of Pakistan.