Government caps tax exempted import of raw material

KARACHI: The government has proposed to cap the tax exempted import of raw materials to 110 percent of the quantity imported and consumed in the … Continue reading

Post Clearance Audit playing important role in reducing revenue leakage

KARACHI: The Directorate of Post Clearance Audit has observed duty evasion/short payment of around Rs30 million and served Audit Observations on several importers/companies. These importers/companies … Continue reading