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Misuse of dyes imported under EFS: FBR chairman takes notice of concerns raised by PCDMA

Business Recorder • • 1 min read

Misuse of dyes imported under EFS: FBR chairman takes notice of concerns raised by PCDMA

Business Recorder reported that FBR Chairman Rashid Mahmood Langrial has responded to worries raised by the Pakistan Chemicals and Dyes Merchants Association about dyes and chemicals imported under the Export Facilitation Scheme possibly being diverted to the local market. Acting on his directions, Customs Export officials held a consultative meeting with the association at Customs House Karachi to shape a monitoring mechanism.

The gathering included Collector Customs Exports Afnan Khan, Deputy Collector EFS Waqar Ahmed, and PCDMA Chairman Saleem Mukati, alongside other customs staff. Both sides agreed that misuse of the scheme must be stopped and that a workable oversight system is needed. The association noted that EFS imports have risen, yet the expected lift in exports has not appeared.

The PCDMA asked for a review of raw material quantities brought in under industries' names, comparing them with actual consumption, and proposed that permissions be based on a consumption formula and tied to exports. Participants also stressed better administrative procedures and a transparent audit mechanism to track use of the imported inputs.

At a glance

  • FBR chairman responded to PCDMA concerns about possible diversion of EFS dyes and chemicals.
  • Customs officials and the association agreed to build an effective monitoring mechanism for EFS imports.
  • The association proposed linking EFS import permissions to a consumption formula and to exports.
Sectors:ChemicalsTextile Composite

Originally reported by Business Recorder

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