KARACHI: Federal Board of Income (FBR) on Wednesday notified draft guidelines to amend Baggage Guidelines for reducing money restrict for outbound passengers.
The FBR issued SRO 2043(I)/2022 to make amendments within the Baggage Guidelines, 2006. The money restrict has been lowered to $5,000 per individual per go to from $10,000.
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In line with the proposed guidelines, any individuals travelling overseas (besides to Afghanistan) is allowed to take out of Pakistan US Greenback or equal thereof in different foreign currency as per the boundaries given beneath:
The money restrict per go to per individual shall be $5,000 for an individual 18 years and above (adults). The annual restrict per individual shall be $30,000.
The money restrict per go to per individual shall be $2,500 for an individual beneath 18 years (minors). The annual restrict per individual shall be $15,000.
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The FBR additional stated that international forex money restrict for passengers travelling to Afghanistan might be: most restrict per individual per go to shall be $1,000. The annual restrict per individual shall be $6,000.
The FBR launched additional amendments to the Baggage Guidelines, in keeping with which the annual limits for outbound passengers for the respective nations might be as per Tables ‘A’ and ‘B’ for a calendar yr ranging from the yr 2023.
Nonetheless, for calendar yr 2022, the present annual limits in vogue earlier than the issuance of this notification will proceed to be efficient until December 31, 2022.
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Any individual taking international forex or another prohibited or restricted merchandise out of Pakistan shall file a declaration within the tbiin as set out in Appendix-C, earlier than or on the time of departure, electronically within the WeBOC or go observe or manually on the airport.
The incoming passenger when in possession of international forex exceeding US $ 10,000 or equal, or another prohibited or restricted merchandise, shall additionally file a declaration within the Kind as set out in Appendix-C.”; and (3) in Appendix “C”, for the DECLARATION, the next shall be substituted, particularly:-
“DECLARATION
Are you carrying any of the next items?
(a) Prohibited or restricted items resembling arms & ammunitions, narcotics, psychotropic substances or satellite tv for pc telephones and so forth.?
(b) Gold and valuable metals, jewellery, valuable or semi-precious stones.
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(c) International forex in US $/ Bearer Negotiable Instrument or equal:
1. For outbound passengers to all nations taking out foreign currency; and
2. Incoming passengers bringing into Pakistan quantity exceeding US $ 10,000 or equal.
Every other gadgets requiring declaration earlier than Customs.
“I declare that t e info furnished by me is appropriate and within the occasion of its being incorrect, I maintain myself answerable for such motion as deemed match beneath the International Trade Regulation Act, 1947 and the Customs Act, 1969.” – Signature of the Passenger
