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12 May 2025
Author: Asif S Kasbati (FCA, FCMA & LLB)
Further to KQU 3355 dated 5.5.25, being an important matter, we would inform you about Suspension of Trade with India SRO 750mof 4.5.25 (Attachment 279.1) in the ensuing paragraph, with emphasis in bold & Underline for quick reading.
In exercise of the powers conferred by sub-section (1) of section 3 of the Imports & Exports (Control) Act, 1950 (XXXIX of 1950), the Federal Government has to prohibited the following, in the interest of national security and in public interest, namely: -
(a) The import of Indian Origin Goods by Third countries via sea, land and air; transiting through Pakistan;
(b) Goods imported from India by third countries via sea, land and air; transiting through Pakistan;
(c) The exports of third countries, to India via sea, land and air; transiting through Pakistan; and;
Effective date
The above-mentioned prohibitions are applicable from 4.5.24 and not be applicable to those imports/exports for which the Bill of Lading (B/L) or Letter of Credit (L/C) is issued or established prior to 4.5.25.
Should you require any clarification or explanations in respect of the above or otherwise, please feel free to email Mr Amsal at amsal@kasbati.co with CC to info.kasbati@professional-
Best regards for Here & Hereafter
Asif S Kasbati (FCA, FCMA & LLB)
Managing Partner
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