PM Shehbaz Sharif on Wednesday urged the authorities involved to promptly confiscate all the luxury automobiles being utilized unlawfully in the nation notwithstanding the expiry of their permit limit provided under Carnet-de-Passage restriction.
It is possible to temporarily import a vehicle into another country without having to pay customs duties with the use of a Carnet-de-Passage, an international agreement between two countries.
The PM gave the orders during a special meeting
He gave the orders during a special meeting he presided over, and he mandated the creation of an investigation committee to investigate the scheme’s misuse and determine appropriate disciplinary action.
PM also asked the Federal Board of Revenue (FBR) to collate the data of such vehicles which have finished their permissible limit under the scheme, state broadcaster reported.
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