Amendments in Baggage Rules 2006

AMENDMENTS IN BAGGAGE RULES 2006

INCENTIVES UNDER FOREIGN EXCHANGE REMITTANCE CARD (FERC) SCHEME

The Government of Pakistan has made amendments in Baggage Rules 2006. Now the FERC holder would be able to utilize the duty credit available under rule 5 of the said rules for the unaccompanied baggage including those seven items with fixed duty i.e. television, deep freezer, refrigerator, microwave oven, cooking range, washing machine and air conditioner.

 Special Allowances for Foreign Exchange Remittance Card holders

 –  In addition to the allowances hereinbefore provided, the duty credit as specified in the Table below shall be admissible to a Pakistani national holding Foreign Exchange Remittance Card (FERC) once in a calendar year.  The duty credit can also be utilized for the unaccompanied baggage or any purchase from one of the duty free shops.  The duty credit under this scheme shall not be utilizable on import of vehicles. Utilization of duty credit shall be endorsed by the customs on the passport of an FERC holder in the form as setout in Appendix-A.

TABLE

(1)                        (2)                                                                   (3)                                                                                                         (4)

S.No.    TYPE OF FERC                AMOUNT REMITTED THROUGH NORMAL BANKING CHANNEL                             DUTY CREDIT IN PAKISTAN RUPEES

                                                                                   (in US $ or equivalent foreign currency)   

1    Silver                                                                                  2500 or more                                                                                            10,000

2    Silver Plus                                                                          5000 or more                                                                                            20,000

3    Golden                                                                            10,000 or more                                                                                             30,000

4    Golden Plus                                                                   25,000 or more                                                                                              50,000

5    Platinum                                                                        50,000 or more                                                                                             100,000