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FBR will fully implement directions of Supreme Court on misuse of green channel facility: FBR Spokesperson Dr. Iqbal

FBR will fully implement directions of Supreme Court on misuse of green channel facility: FBR Spokesperson Dr. Iqbal

ISLAMABAD: Federal Board of Revenue Member Inland Revenue (Policy) and Spokesperson Dr. Muhammad Iqbal said that if any officers and staff members of customs service are found involved in misuse of green channel facility, FBR will take stern action against them.

During an interview with Customs Today, he said that FBR ordered Secretary Enforcement to investigate the matter and use all available resources to curb the misuse of Green Channel. FBR has submitted a detailed report in Supreme Court regarding the use of facility of green channel. “We are closely monitoring this matter. Member Customs Zahid  Khokhar assigned a special task to check that how this facility is being misused and give recommendations how FBR can effectively control green channel facility to avoid its misuse,” he added.

He said green channel issue is now in Supreme Court and the matter is sub-judice, therefore, I cannot give any opinion, whatever court will direct to FBR we will implement it without any delay. He said date of amnesty scheme will not be extended because this scheme was approved by the parliament under amnesty law and only parliament can extend the date but the parliament has been dissolved.

Dr. Iqbal said FBR gets historic success regarding amnesty scheme and more than one trillion rupees assets have been declared to whiten the money after paying Rs53 billion of taxes. Our target is Rs 100 billion and I hope that we can achieve this target.

He also mentioned that many people from the country and outside the country are asking to extend the date of amnesty scheme. We have forwarded the recommendations to the caretaker government that this scheme should be extended for few days.

He stated FBR is struggling hard for achieving the revenue targets of current financial year.

Replying a question about the checking of asset statements of election candidates he said when election commission will forward it to FBR we will examine and compare with their last statement of assets and deal with the issue as per law.

He said under the agreement with Organization for Economic Cooperation and Development (OECD), the bank will start sharing data of Pakistani citizens’ bank accounts from October this year with 104 countries including Great Britain, America, France, Switzerland, Germany and rest of the other European countries. He said that matter of tax related prepaid cell card is still under consideration and no proposal has been finalized yet.