Cross-border trade rules
ISLAMABAD: The Customs Department has notified rules for evidence of identity for the electronic verification process for all kinds of cross-border trade transactions.
A customs notification SRO2296 was issued on Thursday to implement Pakistan Single Window Evidence of Identity (EOI) Rules 2022.
According to the rules all persons wishing to conduct a cross-border trade transaction whether imports, exports, or transit must provide evidence of identity by undergoing an electronic verification process by subscription to the PSW system to prove their credentials.
The subscription to the PSW system will be done through an online process. Access to the system to conduct cross-border trade transactions will only be allowed through the validity period of user identification (UID) and password duly issued to an applicant.
The UID may be suspended or cancelled due to non-renewal or revalidation within the prescribed period, committing of an offence or violation of the terms and conditions agreed or prescribed, or due to any legal, quasi-legal or administrative order by the authority of competent jurisdiction.
Published in Dawn, December 30th, 2022