{"id":55008,"date":"2019-09-06T09:39:02","date_gmt":"2019-09-06T09:39:02","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=55008"},"modified":"2020-01-27T08:03:02","modified_gmt":"2020-01-27T08:03:02","slug":"fbr-announces-export-facilitation-scheme","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-announces-export-facilitation-scheme.html","title":{"rendered":"FBR announces \u2018Export Facilitation Scheme\u2019"},"content":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) has announced the new \u2018Export Facilitation Scheme\u2019 (EFS) to encourage exports from Pakistan, according to news sources.<\/p>\n<p>The decision was made in a high-level meeting called by FBR Chairman Syed Shabbar Zaidi in the FBR House. During the meeting, the chairman was informed of the automation and system compatibility of various export schemes and procedures (from application filing and approvals, to import and export of raw materials). He was told that the EFS will promote Ease of Doing Business, minimise physical interaction between the departments and the exporters, and reduce lead time.<\/p>\n<p>The chairman stressed for the promotion of these schemes to<a href=\"https:\/\/www.zameen.com\/news\/exporters-insist-zero-rating-incentive.html\" target=\"_blank\" rel=\"noopener noreferrer\"> benefit the maximum number of exporter<\/a>s. He also asked for these schemes to be merged in one comprehensive scheme that\u2019s easy to use, trade efficient and simple.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/faster-system-refund-sales-tax-72-hours-fbr.html\" target=\"_blank\" rel=\"noopener noreferrer\">\u2018FASTER\u2019 system to refund sales tax within 72 hours: FBR<\/a><\/p>\n<p>The details of the schemes are as follows:<\/p>\n<ul>\n<li>Under the Export Oriented Scheme: duties and taxes on all imported goods, including machinery, are exempted (conditions applied).<\/li>\n<li>Under Manufacturing Bond Scheme: manufacturers and exporters can establish manufacturing bonds, and import raw materials for production without upfront payment of duty or taxes.<\/li>\n<li>Under Duty &amp; Tax Remission of Exports Scheme (DTRE); there will be no duties and tax payments, or duty drawbacks. Commercial operators and manufacturers can both get DTRE approvals.<\/li>\n<li>Under Temporary Importation Scheme; the suspension or exemptions from duties\/ taxes requires securities for accessories (labels, buttons, zippers), importation for manufacture, and exportation of goods.<\/li>\n<\/ul>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/applications-all-sales-tax-refund-claimants-cleared-fbr.html\" target=\"_blank\" rel=\"noopener noreferrer\">Applications of all sales-tax refund claimants cleared: FBR<\/a><\/p>\n<p>Moreover, new Export Processing Zones (EPZ) are being established to encourage industrialisation and export businesses by facilitating the investors, leading to national economic growth. The imported and exported goods through EPZs are exempt from duty and taxes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) has announced the new \u2018Export Facilitation Scheme\u2019 (EFS) to encourage exports from Pakistan, according to news sources. The decision was made in a high-level meeting called by FBR Chairman Syed Shabbar Zaidi in the FBR House. During the meeting, the chairman was informed of the automation and system compatibility of various export schemes and procedures (from application filing and approvals, to import and export of raw materials). He was told that the EFS will promote Ease of Doing Business, minimise physical interaction between the departments and the exporters, and reduce lead time. The chairman stressed for the promotion of these schemes to benefit the maximum number of exporters. He also asked for these schemes to be merged in one comprehensive scheme that\u2019s easy to use, trade efficient and simple. Read:\u00a0\u2018FASTER\u2019 system to refund sales tax within 72 hours: FBR The details of the schemes are as follows: Under the Export Oriented Scheme: duties and taxes on all imported goods, including machinery, are exempted (conditions applied). Under Manufacturing Bond Scheme: manufacturers and exporters can establish manufacturing bonds, and import raw materials for production without upfront payment of duty or taxes. Under Duty &amp; Tax&hellip;<\/p>\n","protected":false},"author":75,"featured_media":22258,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015,15153],"tags":[12885],"persona":[],"class_list":{"0":"post-55008","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"category-trade","9":"tag-details-on-fbr-announces-export-facilitation-scheme","10":"cat-15015-id","11":"cat-15153-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FBR announces \u2018Export Facilitation Scheme\u2019 - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Federal Board of Revenue (FBR) has announced the new \u2018Export Facilitation Scheme\u2019 (EFS) to encourage exports from Pakistan, according to\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/fbr-announces-export-facilitation-scheme.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR announces \u2018Export Facilitation Scheme\u2019 - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Federal Board of Revenue (FBR) has announced the new \u2018Export Facilitation Scheme\u2019 (EFS) to encourage exports from Pakistan, according to\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-announces-export-facilitation-scheme.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-06T09:39:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-01-27T08:03:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2016\/08\/fbr-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hazafa Hasan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hazafa Hasan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FBR announces \u2018Export Facilitation Scheme\u2019 - Zameen News","description":"Islamabad: The Federal Board of Revenue (FBR) has announced the new \u2018Export Facilitation Scheme\u2019 (EFS) to encourage exports from Pakistan, according to","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/fbr-announces-export-facilitation-scheme.html","og_locale":"en_US","og_type":"article","og_title":"FBR announces \u2018Export Facilitation Scheme\u2019 - Zameen News","og_description":"Islamabad: The Federal Board of Revenue (FBR) has announced the new \u2018Export Facilitation Scheme\u2019 (EFS) to encourage exports from Pakistan, according to","og_url":"https:\/\/www.zameen.com\/news\/fbr-announces-export-facilitation-scheme.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2019-09-06T09:39:02+00:00","article_modified_time":"2020-01-27T08:03:02+00:00","og_image":[{"width":600,"height":350,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2016\/08\/fbr-1.jpg","type":"image\/jpeg"}],"author":"Hazafa Hasan","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Hazafa Hasan","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/fbr-announces-export-facilitation-scheme.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/fbr-announces-export-facilitation-scheme.html"},"author":{"name":"Hazafa Hasan","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/422fcc128fcaf82dae8406d1cf62a52b"},"headline":"FBR announces \u2018Export Facilitation Scheme\u2019","datePublished":"2019-09-06T09:39:02+00:00","dateModified":"2020-01-27T08:03:02+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/fbr-announces-export-facilitation-scheme.html"},"wordCount":302,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/fbr-announces-export-facilitation-scheme.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2016\/08\/fbr-1.jpg","keywords":["details on FBR announces \u2018Export Facilitation Scheme\u2019"],"articleSection":["Legal &amp; Taxation","Trade"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/fbr-announces-export-facilitation-scheme.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/fbr-announces-export-facilitation-scheme.html","url":"https:\/\/www.zameen.com\/news\/fbr-announces-export-facilitation-scheme.html","name":"FBR announces \u2018Export Facilitation Scheme\u2019 - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/fbr-announces-export-facilitation-scheme.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/fbr-announces-export-facilitation-scheme.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2016\/08\/fbr-1.jpg","datePublished":"2019-09-06T09:39:02+00:00","dateModified":"2020-01-27T08:03:02+00:00","description":"Islamabad: The Federal Board of Revenue (FBR) has announced the new \u2018Export Facilitation Scheme\u2019 (EFS) to encourage exports from Pakistan, according to","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/fbr-announces-export-facilitation-scheme.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/fbr-announces-export-facilitation-scheme.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/fbr-announces-export-facilitation-scheme.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2016\/08\/fbr-1.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2016\/08\/fbr-1.jpg","width":600,"height":350},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/fbr-announces-export-facilitation-scheme.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"FBR announces \u2018Export Facilitation Scheme\u2019"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/422fcc128fcaf82dae8406d1cf62a52b","name":"Hazafa Hasan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/Avatar-Icon-96x96.jpg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/Avatar-Icon-96x96.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/Avatar-Icon-96x96.jpg","caption":"Hazafa Hasan"},"description":"Hazafa reveres the art of writing and has been turned into a property enthusiast by profession. Her daily survival kit includes; tea, coffee, keyboard and paperbacks.","url":"https:\/\/www.zameen.com\/news\/author\/hazafa"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/55008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/75"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=55008"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/55008\/revisions"}],"predecessor-version":[{"id":55009,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/55008\/revisions\/55009"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/22258"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=55008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=55008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=55008"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=55008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}