March,22(EA Report) Federal Board of Revenue (FBR) directed a Pakistani tracking service provider, TPL Trakker, to install tracking devices on containers and trucks carrying transhipment cargo.
FBR in a notice has asked company to begin operations at all customs stations across the country where transhipment consignments are being originated from or designated to TPL Trakker.
The company that sells and installs tracking devices and provides vehicle tracking and fleet management services, shared the development in a notice to the Pakistan Stock Exchange (PSX) on Wednesday.
“We are pleased to announce that the Federal Board of Revenue (FBR), in terms of its letter dated March 20, 2023 and SRO 413(I)/2012 dated 25-04-2012, has directed the company to commence installation of tracking devices on containers/trucks carrying transhipment cargo,” read the notice.
Transhipment means unloading cargo from one vessel and loading it into another to complete a journey to the final destination.
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