ISLAMABAD: Pakistan has amended baggage guidelines to make forex declaration of an quantity $1,000 whereas taking in another country to Afghanistan.

Nonetheless, new slabs of forex declaration on the premise of age have additionally been introduced.

The Federal Board of Income (FBR) issued SRO 1864(I)/2022 dated October 10, 2022 to make adjustments within the Baggage Guidelines, 2006.

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As per the brand new adjustments to the luggage guidelines, the outbound passenger, for all international locations besides Afghanistan, with out prejudice to his entitlement of taking out of Pakistan $1,000 as much as the age of 5 years, $5,000 above 5 years, as much as 18 years and $10,000 above the age of 18 years, whereas taking out of Pakistan overseas forex exceeding $5,000 or equal, or some other prohibited or restricted merchandise, shall file a declaration earlier than or on departure, electronically within the WeBOC or move monitor or manually on the airport.

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The FBR mentioned that the individuals travelling to Afghanistan, whereas having entitlement of $1,000, shall file a declaration of forex of their possession.

The incoming passenger when in possession of overseas forex exceeding $10,000 or equal, or some other prohibited or restricted merchandise, shall additionally file a declaration.

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The FBR mentioned that the declaration can also be should for passengers carrying: Prohibited or restricted items akin to arms & ammunitions, narcotics, psychotropic substances or satellite tv for pc telephones and so on; and gold and valuable metals, jewellery, valuable or semi-precious stones.

The declaration of overseas forex in US $/ Bearer Negotiable Instrument or equal is necessary for outbound passengers to all international locations besides Afghanistan, taking out quantity exceeding $5,000 or equal;

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For passengers touring to Afghanistan, taking out money foreign currency echange US $ or equal; and Incoming passengers bringing into Pakistan quantity exceeding $ 10,000 or equal.