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Ban on Items Over $1,200 | Latest SRO 2028 Update
Description: In this video, we're diving into the latest updates from the Federal Board of Revenue (FBR) regarding their new policy on banning items over $1,200 for travelers entering Pakistan. The FBR has issued SRO 2028 (I)/2024, which proposes amendments to the Baggage Rules of 20062. According to the new rules, travelers will only be allowed to bring one mobile phone for personal use, and any additional phones will be confiscated.
Key Points:
New Regulations: The FBR has proposed that any items valued over $1,200 will be considered commercial goods and subject to strict regulations. This means that travelers bringing items worth more than $1,200 will face fines and commercial surcharges2.
Impact on Travelers: Overseas Pakistanis and international travelers will need to be cautious about the value of items they bring into the country. The new rules aim to curb the practice of importing goods for commercial purposes under the guise of personal luggage1.
Feedback Period: The FBR has opened a seven-day window for stakeholders to provide feedback on the proposed amendments. Any submissions after the deadline will not be accepted1.
Potential Withdrawal: Due to significant pressure, the FBR has temporarily removed the draft notification from its website, but it has not yet rescinded the draft itself. There is a possibility that the notification will be withdrawn after further consultations3.
Verification Links:
PID Press Release
Pakistan Today Article
Hashtags: #FBR #NewPolicy #SRO2028 #BaggageRules #TravelRestrictions #PakistanTax #TaxReforms #CustomsRegulations #OverseasPakistanis #TravelNews #VerifyNews #PakistanToday #FinanceMinistry #TaxUpdates #TaxReformNews
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