{"id":347239,"date":"2023-08-05T10:24:06","date_gmt":"2023-08-05T05:24:06","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=347239"},"modified":"2023-08-05T10:24:06","modified_gmt":"2023-08-05T05:24:06","slug":"pajcci-hails-introduction-of-new-rules-for-tracking-monitoring-of-cargo-containers","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/pajcci-hails-introduction-of-new-rules-for-tracking-monitoring-of-cargo-containers\/","title":{"rendered":"PAJCCI hails introduction of new rules for tracking, monitoring of cargo containers"},"content":{"rendered":"<p> PESHAWAR<br \/>\nDirector Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI), Zia ul Haq Sarhadi has hailed issuance of notification by Federal Board of Revenue (FBR) for introducing new Tracking and Monitoring of Cargo Rule 2023.<br \/>\nIn a press statement issued here on Friday, Zia Sarhadi said the decision was a long lasting demand of business community of the country aimed at ending monopoly of one company providing tracking service to vehicles carrying cargo goods.<br \/>\nIt merits a mention here that FBR has issued SRO996(I)\/2023 to notify new Tracking and Monitoring of Cargo Rules, 2023 on August 2. The Federal Board of Revenue (FBR) has allowed companies having a minimum annual turnover of Rs175 million or financial worth of Rs100 million to obtain licence for tracking and monitoring of vehicles and containers carrying transit\/imported cargo.<br \/>\nUnder the new rules, the annual turnover has been reduced from Rs350 million to Rs175 million and financial health from Rs200 million to Rs100 million for the companies intended to apply for the licenses for tracking and monitoring of vehicles and containers carrying transit cargo.<br \/>\n\u201cRelaxation in annual turnover and financial health for intending companies will provide opportunity to more firms to come in the arena and provide quality service,\u201d Zia opined. Presently, he said, the lone company is charging containers exorbitantly due to lack of any other option for businessmen for switching over to other tracking company.<br \/>\nDirector PAJCCI expressed the hope that FBR will undertake bidding process on its schedule time in September 2023 and fulfill other official requirements expediently for engaging new companies in tracking process.<br \/>\nHe thanked Chairman FBR for taking this decision which after implementation will provide relaxation to business community and introduce provision of state of the art and competitive tracking and monitoring service to importers and exporters.<br \/>\nThe decision will also expedite passage and clearance of goods laden containers at ports which usually get delay due to different reasons and businessmen have to bear the brunt of paying extra payments under the heads of detention charges and demurrages.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PESHAWAR Director Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI), Zia ul Haq Sarhadi has hailed issuance of notification by Federal Board of Revenue (FBR) for introducing new Tracking and Monitoring of Cargo Rule 2023. In a press statement issued here on Friday, Zia Sarhadi said the decision was a long lasting demand of business [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-347239","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-peshawar"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PAJCCI hails introduction of new rules for tracking, monitoring of cargo containers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/pajcci-hails-introduction-of-new-rules-for-tracking-monitoring-of-cargo-containers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PAJCCI hails introduction of new rules for tracking, monitoring of cargo containers\" \/>\n<meta property=\"og:description\" content=\"PESHAWAR Director Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI), Zia ul Haq Sarhadi has hailed issuance of notification by Federal Board of Revenue (FBR) for introducing new Tracking and Monitoring of Cargo Rule 2023. 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