Collectors of Customs: FBR decides to withdraw key import-, export-related powers

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to take away all key imports/exports related powers of Collectors of Customs like export authorisations, approvals, reduced duty rate notifications and regulating/monitoring of all concessionary and duty remission export schemes from all Model Customs Collectorates (MCCs) to Input Output Coefficient Organization (IOCO) Karachi.

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