Prime Minister Shehbaz Sharif has set December 31 as the deadline for introducing automated production monitoring systems across manufacturing sectors. The camera-based systems are intended to help the Federal Board of Revenue curb tax evasion and ensure businesses pay their due taxes. Chairing a review meeting on FBR reforms, the prime minister directed officials to remove obstacles to installation. He also warned that businesses withholding sales tax collected from consumers would not receive concessions.

FBR Chairman Rashid Mahmood Langrial has taken notice of concerns raised by the Pakistan Chemicals and Dyes Merchants Association about the possible diversion of dyes and chemicals imported under the Export Facilitation Scheme to the local market. On the chairman’s directions, Customs Export officials met with a PCDMA delegation at Customs House Karachi to discuss a monitoring mechanism ensuring imports are used for their intended purpose. Both sides agreed on the need to prevent possible misuse of the scheme and discussed ways to strengthen cooperation and support Pakistan’s exports.

The Federal Board of Revenue (FBR) has proposed rules for duty- and tax-free imports of live cattle, sheep and goats for fattening and subsequent export as live animals or processed meat. The scheme targets export-oriented livestock and meat processing businesses and is expected to be finalized following a seven-day stakeholder feedback period. Subject to export obligations and regulatory safeguards, the scheme provides exemptions from customs duty, additional customs duty, regulatory duty, sales tax, federal excise duty and withholding income tax. It does not apply to animals born in Pakistan. Authorized businesses would also be allowed to import or acquire animal feed, veterinary medicines, vaccines, supplements, disinfectants and identification devices without duties and taxes. The proposals additionally provide for imports of plant, machinery and equipment to establish or expand feedlots, quarantine facilities, slaughterhouses and meat processing plants under project authorizations.