Friday, 19 August 2022

FBR issues clarification on Single Window Program

Federal Board of Revenue has issued a clarification on the news published in the daily “Dunya” dated May 21, 2021. That Revenue Division could only spend Rs. 10,300/- on Single Window Program out of allocated Rs 200 million funding in the last ten months.

FBR has clarified that an amount of Rs. 20 million allocated under PSDP funding to PSW program for the on-going fiscal year and not the reported amount of Rs 200 million. With the required administrative approvals in place, it is expected that the utilization of allocated amount will be before 30th June 2021.

FBR has utilized Rs. 250 million from funds allocated by Pakistan Customs. Rs 300 million under grant in aid from donors for PSW implementation in the current fiscal year. Another sum of Rs 262 million utilized for up-gradation of an existing data center to host PSW solution.

FBR clarified that Pakistan Single Window, a great initiative of the government of Pakistan. Aimed at reforming overall management of cross border trade. Enabling the Revenue Division to roll out first phase of Pakistan Single Window in the year 2021.

Single Window Program | FBR | Federal Board of Revenue | Clarification | Dunya News | Budget Allocation | Funds Utilization |

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