The govt. has decided to establish a Directorate General Risk Management (DGRM) to prevent under-invoicing on imports and increase tax-to-GDP ratio in the country. In this regard, FBR has introduced a new Chapter No XXXI in the Customs Rules 2001 through a notification No 101(1)/2020 determining the responsibilities and powers of the DGRM. DGRM will work towards monitoring and reducing risks associated with import-related activities, including clearance of containers.
17/02/2020