FBR revises transhipment rules amid Gulf crisis |
FBR revises transhipment rules amid Gulf crisis
ISLAMABAD: The Federal Board of Revenue (FBR) has revised international transhipment procedures and allocated a temporary storage facility at Port Qasim to address cargo disruptions arising from the prevailing security situation in the Gulf region.
Two different customs notifications, SRO525 of 2026 and SRO518 of 2026, were issued to amend the rules for taking measures in the wake of an emergency and war-like situation in the Gulf, which has disrupted cargo flows and port operations.
As per the notification, the FBR authorised M/s DP World to utilise a 16.9-acre berth backup area located in the North Eastern Industrial Zone of Port Qasim for temporary storage of international transhipment cargo.
The facility is intended to ease congestion and facilitate smoother handling of transhipment consignments arriving at the port. Through another notification, SRO525, the FBR introduced wide-ranging amendments to the Customs Rules 2001, significantly tightening monitoring, documentation, and liability provisions governing transhipment cargo.
Temporary storage at Port Qasim aims to ease cargo disruptions
Temporary storage at Port Qasim aims to ease cargo disruptions
The revised rules expand the scope of transhipment operations to include not only seaports, but also airports and off-dock terminals (ODTs), while formally........