ISLAMABAD: The Federal Board of Revenue (FBR) on Saturday “categorically denied” issuance of any Statutory Regulatory Order (SRO) that allows ex-military officers to import duty and tax-free bulletproof vehicles. “FBR categorically denies reports appearing in some sections of media that it has issued an SRO allowing duty-free import of bulletproof vehicles,” the revenue board said in a brief statement. The tax collection body added that the federal cabinet had allowed such a facility in 2019, however, no notification to this effect has been issued so far. In a separate statement, PM’s aide Salman Sufi said that there is no question of allowing any duty-free imports to any official. “Everyone shall pay their fair share of duty when importing any vehicle,” he tweeted. It was earlier reported that after getting approval from the federal cabinet, the FBR exempted senior army officers from payment of all duties and taxes on the import of bulletproof vehicles of up to 6,000cc after their retirement and a notification will be issued soon. The report said that the FBR’s Member Customs Policy signed an official notification to this effect on Friday but it was not yet placed on the official website. However, top official sources confirmed to The News on Friday night that the exemption of Customs Duty, Sales Tax, Withholding Tax and Federal Excise Duty (FED) would be applicable on the import of bulletproof vehicles up to 6,000cc by retired military officials, including Lieutenant Generals, services chiefs, Chief of the Army Staff and Chairman Joint Chiefs of Staff Committee (CJCSC).
The sources confided to The News that the FBR might place the concerned notification on its website any time soon and that all formal requirements were fulfilled after seeking permission from the federal cabinet for allowing this kind of tax exemption.
