Overview
- The Federal Board of Revenue issued SRO 528(I)/2026 on March 19, extending the utilisation period from nine to 18 months for duty-free imported inputs.
- A total of 7,932 Goods Declarations that had lapsed under the old limit are now restored for export eligibility.
- Exporters must file a six-monthly reconciliation statement detailing inputs acquired, outputs exported, value addition and wastage within 30 days after each period.
- Automatic replenishment of security deposits now reflects goods consumed and exported, and users can appeal regulatory collector orders to the Chief Collector.
- A committee will consider case-by-case extensions of up to six additional months beyond the new 18-month window.