FBR trying to improve valuation system, working to curb under invoicing of Import: Shabbar Zaidi
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ISLAMABAD: The Federal Board of Revenue (FBR) is working to curb the under-invoicing of imports “to save local industry”, said Shabbar Zaidi in a tweet.
Chairman FBR Shabbar Zaidi said, “FBR is seriously working to curb under invoicing of imports. Valuation system and processes are being improved.”
The FBR chairman, however, requested the country’s business fraternity as well as the chambers of commerce to assist the organisation in its working to stop the under-invoicing of imports.
“Nevertheless, FBR seeks the support of business community including Chambers of Commerce on this matter. This issue is highly important to save local industry,” he said.
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