Payment of duties, taxes to be made only electronically from tomorrow Wed 20th January 2021 | 12:04 AM
Collector of Lahore Customs Appraisement, Mohsin Rafique said on Tuesday that all duties and taxes exceeding Rs. one million would be paid only through the system of e-payment from tomorrow (Wednesday).
LAHORE, (UrduPoint / Pakistan Point News - 19th Jan, 2021 ):Collector of Lahore Customs Appraisement, Mohsin Rafique said on Tuesday that all duties and taxes exceeding Rs. one million would be paid only through the system of e-payment from tomorrow (Wednesday).
He announced this at a seminar held here at APTMA (All Pakistan Textile Mills Association) Punjab office where APTMA Chairman Abdul Rahim Nasir, Secretary General Mohammad Raza Baqir and a large number of member millers were also present.
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.