The Federal Board of Revenue (FBR) has officially initiated the design phase for the National Cargo Tracking System (CTS) and the e-Bilty mechanism by signing a contract with a South Korean firm. This project, funded by the World Bank under the Pakistan Raises Revenue Program (PRRP), aims to replace traditional paper-based transport documents with a centralized electronic system. The new e-Bilty will feature a unique QR code, enabling Customs enforcement teams to efficiently identify compliant and non-compliant cargo, thereby improving tax compliance and reducing opportunities for smuggling.
BUSINESSLast Update 3h ago
FBR Launches National Cargo Tracking System to Combat Smuggling
67% POSITIVE
The FBR has signed a contract for the Strategic Feasibility Assessment and Solution Design of the National Cargo Tracking System (CTS) and e-Bilty mechanism, aiming to combat smuggling and tax evasion while facilitating trade. The design phase is expected to be completed within six months.
Detailed Analysis
SOURCES
9 outlets · 9 articles
PPprofit.pakistantoday.com.pk
BRbrecorder.com
PKpkrevenue.com
TEtechjuice.pk
TEtechjuice.pk