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FBR warns NGOs not to use facility of duty-free gifts, donations

FBR warns NGOs not to use facility of duty-free gifts, donations

ISLAMABAD: Federal Board of Revenue (FBR) warned charitable non-profit making hospital, institutions and NGOs not to misuse facility of duty free gifts and donations.

According to updated First Schedule to Customs Act 1969 issued by the FBR stated that gifts or donations received by a charitable non-profit making hospital or institution, solely for the purpose of advancing the declared objectives of such hospital or institution, subject to the following conditions, namely:-

(i) no condition is attached to the gift or donation by the donor and the receiving institution or hospital is at liberty to use the same in accordance with its declared objectives; and

(ii) the receiving institution or hospital furnishes an undertaking in writing to the respective Collector of Customs to the effect that such gifts or donations will not be sold, utilized or disposed of otherwise than for the purpose for which the same have been received and binds itself to pay the leviable duties in the event of a breach of the undertaking.