Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has rejected reports alleging a Rs100 billion loss under the Faceless Customs System, terming them baseless and misleading.
In a statement, the FBR chief clarified that the news published in a section of the press was based on a misinterpretation of an initial audit observation.
He stressed that the faceless system was introduced to enhance transparency and eliminate collusion between traders and customs officials.
According to Langrial, the system has already led to a 30% increase in revenue, while cases against non-compliant traders have risen fourfold.
He added that duties on luxury vehicles are being collected strictly in line with valuation tables, and all imports are being cleared under the Import Policy Order through legal channels.
