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.
S. No
TYPE OF FERC
AMOUNT REMITTED THROUGH NORMAL
CREDIT IN PAKISTAN RUPEES
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
Comments