LAHORE - The Lahore Chamber of Commerce and Industry has urged the Federal Board of Revenue to revise its decision to close down Pakistan Customs Computerised System (PaCCS) for the sake of the economy of the country. In a statement issued here Saturday, the LCCI President Zafar Iqbal Chaudhry, Senior Vice President Ejaz A Mumtaz and Vice President Faisal Iqbal Sheikh said that Pakistan Customs Computerised System (PaCCS) was a well-designed state-of-art computerized system that has enabled speedy and hassle-free clearance of goods. It has reduced interaction between taxpayer and tax collector. It has curtailed clearance time from 14 days under old manual system to 24 hours/2 days due to its robust assessment system. Corruption at the hands of Customs has significantly reduced. Cost of doing business has drastically come down as money is not being wasted in payment of port demurrage/delay charges. The LCCI office-bearers said that the Federal Board of Revenue should immediately withdraw the decision to do away with this high-tech system as if the decision was not withdrawn, the entire business community would suffer badly. They said that Pakistan Customs Computerised System (PaCCS) was such a unique system that on-line monitoring was available even after clearance of goods. The Chairman FBR has a real time access to monitor every clearance that ensures transparency therefore there was no point in scrapping the system. At this time when the economy is already in doldrums and Pakistans image is at stake worldwide, we should abort any nefarious attempt from further throwing the nation into darkness, they added. The LCCI office-bearers said that today when less reliance is placed on paper and world is moving towards information and computer technology revolution, it would be unwise on part of FBR to deprive the business community from reaping benefits of this fast track management based system.