ISLAMABAD, May 6: The government is considering various measures to discourage unabated flow of smuggled products, including reduction of tariff on items prone to smuggling. This was stated by Central Board of Revenue (CBR) Chairman M. Abdullah Yousuf while speaking at an interactive session with officials of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) here on Friday. Member sales tax Shahid Ahmad and member custom Ramzan Bhatti also attended the session.

Mr Yousuf asked the FPCCI to come up with solid and practicable proposals to check the smuggling of goods, under- invoicing and mis-declaration.

He advised the businessmen to be more committed towards the country’s progress. About a proposal regarding simplification of forms, laws and procedures, he said the CBR was trying to simplify the laws and documents.

Earlier, FPCCI committee on income tax and customs chairman gave proposals for making changes to the existing tax structure. These included rationalization of duties, duty free import of plants and machinery, amendments to SRO 374 of 2002, reduction of duty on cars, disposal of appeals, alternate dispute resolution, system-based audit, and abolishing of sales tax on textile sector.