Customs reforms help increase average revenue per GD by 16pc to around Rs7.7m

Customs reforms introduced under the Prime Minister’s Maritime Task Force have increased the average revenue per Goods Declaration (GD) by 16 percent to around Rs7.7 million, while import-related tax collection rose 14 percent and customs clearance time at ports dropped from 53 hours to 18 hours, the Federal Board of Revenue (FBR) said on Thursday.

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