Heading: CUSTOMS SRO 450(1)/2001: BUSINESS COMMUNITY URGES GOVT TO REVISIT SUBRULE 664(Q) - 2024-07-25
Ahmed Malik Published about an hour ago KARACHI: The business community in Pakistan has expressed its deep concerns over the unintended consequences of Customs SRO 450(1)/2001 Subrule 664(q), which allows shipping companies to collect unsubstantiated/prejudiced charges, contravene shipping laws and contradict existing international agreements, governing maritime cargo transportation. The business community has requested the Secretary Revenue Division FBR and Chief Collector of Customs (Enforcement) Port to immediately initiate a review process for Rule 664(q) and convene a meeting with stakeholder, including business representatives to discuss the concerns and recommend revisions to address the issue. According to the business community, there is a lack of transparency in customs shipping rules, alleged rule is claimed to have been created without consulting the business community, a major stakeholder. These objections raise concerns about the fairness and transparency of the customs rule. Business communities are seeking a review of the rule to ensure it aligns with international standards and protects their interests. That’s a good explanation of the Carriage of Goods by Sea Act, 1925 (COGSA) and its connection to the Hague Rules, how it relates to the concerns about Customs Rule SRO 450(1)/2001 sub rule 664(q). The Hague Rules established a framework and set a baseline for the responsibilities of carriers (shipping companies) and the rights of shippers (businesses). This framework includes provisions for carriers to collect “freight” which covers charges related to the transport goods. However, business community argues the potential conflict with Customs Sub Rule 664(q) that allows shipping companies to collect charges beyond what’s outlined in The Hague Rules and potentially the Bill of Lading (which incorporates the terms of the COGSA). This raises concerns about the legality and fairness of these additional charges. If access and compare the Customs Rules, the specific wording of Sub Rule 664(q), compare it with the applicable articles of the Hague Rules (particularly Articles III) there’s a clear contradiction and irregularity. When business communities…
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