The Federal Board of Revenue (FBR) has decided to regulate the buying and selling of goods including digital products through electronic transactions conducted via the internet or other computer-mediated (online communication) networks.
On Thursday, the Federal Board of Revenue issued the draft of the Import and Export of E-Commerce Rules in this regard.
The FBR cannot fully check the movement of such goods for accurate assessment of duties and taxes in the absence of customs monitoring of e-commerce goods.
Moreover, the new procedure shall apply for assessment and clearance of imported or exported goods of Business-to-Consumer (B2C) transactions through authorized dealer via designated customs station notified by the list.
The FBR further explained the responsibilities of registered courier and e-commerce exporters and importers. According to the FBR rule, “e-commerce” means buying and selling of goods or services including digital products through electronic transactions conducted via the internet or other computer-mediated (online communication) networks.
Whereas, the “e-commerce exporter” means an exporter who has been registered by an authorized dealer of the State Bank of Pakistan (SBP) in the B2C e-commerce module in WeBOC.
While the “e-commerce importer” means an importer or end consumer receiving goods meant for personal use, not for commercial activity, who has been registered with the WeBOC e-commerce portal.
However, above mentioned rules do not apply to the following goods,
Goods requiring testing of samples, animals, perishable goods, food stuff including beverages, medicines of any sort, alcoholic drinks, restricted items subject to fulfillment of import and export regulations under the relevant law; prohibition under sections 15 and 16 of the Customs Act, 1969, and import and export goods, which are intended for clearance from customs station or airport other than at which arrived.