FBR rolls out pilot phase of Pak-China electronic data exchange

KARACHI: The Federal Board of Revenue (FBR) has advised the Customs Collectors to make necessary preparations for implementation of electronic data exchange (EDE) system for effective utilization of information received electronically from China Customs.

The development of Pak-China Electronic Data Exchange (EDE) system for exchange of data relating to consignments covered under Pak-China Free Trade Agreement (CPFTA) has been completed, the EDE is rolled out on May 28, 2018 and will cover exchange of data relating to certificate of origin under CPFTA along with relevant export Goods Declaration (GD).

According to the directives issued by Federal Board of Revenue (FBR), the traders or customs agents filing import GD will be required by WeBOC system to declare certificate of origin number and data issued by Chinese authorities.

The system shall cross match the decalred certificate of origin number and date with the data received from China customs and make available the certificate of origin and export GD data received from China customs through EDE mechanism on assessment screen.

The assessing officer will be able to view the data for system based verification of certificate of origin and proper assessment of import GD on the basis of certificate of origin and relevant Chinese export GD data received electronically from China Customs.

The result of grant or denial of benefit of FTA by the assessing officer will be electronically communicated to the Chinese side through EDE message.

Print Friendly, PDF & Email
Bookmark the permalink.

Comments are closed.