, Sept. 9 -- The National Board of Revenue (NBR) on Tuesday issued a new directive to address complexities in the customs clearance of raw materials imported under bonded warehouse facilities, aiming to speed up the export supply chain.

The move comes after NBR observed that discrepancies often arise between the HS Codes and product descriptions mentioned in bond licenses, Utilization Declarations (UD), and import declarations, compared with those determined by customs officials during physical examination.

Such differences frequently delay the customs assessment process, hindering timely clearance of raw materials and ultimately disrupting scheduled export shipments, according to a press release.

To resolve the issue, NBR has instruct...