I&I Karachi busts petroleum products theft racket, FIR lodged
KARACHI: Several people have been nabbed by I&I Karachi for pilfering POL products from PARCO pipeline and an FIR has been filed. The suspects have also been remanded for 15…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Several people have been nabbed by I&I Karachi for pilfering POL products from PARCO pipeline and an FIR has been filed. The suspects have also been remanded for 15…
The Collectorate of Enforcement, Karachi has intensified its drive against the smuggling of petroleum products and seized 40,000 litres of illegally smuggled Iranian diesel in two separate operations. The first…
KARACHI: The Customs Enforcement Karachi has delivered a remarkable performance in the anti-smuggling drive during the last two months of the fiscal year 2023, seizing goods worth Rs1.524 billion and…
KARACHI: The Supreme Court of Pakistan has encouraged Pakistan Customs to take independent decisions and address the problems of importers who are not issued the Electronic Import Form (EIF) by…
SBP would like to clarify some misinformation being spread in the media that the import of oil and petroleum products has been restricted by it. It is clarified that SBP…
Mian Anjum Nisar for reducing tax ratio on petroleum products to support trade, industry: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel has rejected jump in prices…
LAHORE: MCC Preventive Multan has assigned officers with special tasks for the purpose of carrying out counter smuggling operation against illegal petroleum products. As per the Prime Minister’s directives to…
ISLAMABAD: Ministry of Railways and Ministry of Petroleum have jointly initiated assessment of the prospects of petroleum products through railways across country.The Ministry of Petroleum briefed the Economic Coordination Committee…
The government on Sunday increased the prices of petroleum products by up to Rs6 per litre for the month of April 2019, a notification said. The decision was taken in…
KARACHI: The Federal Board of Revenue (FBR) has formed a committee comprising officers of both Inland Revenue and Customs to curb smuggling of petroleum products, which has been causing irreparable…
KARACHI: The government has increased the prices of petroleum products, in the range of Rs2.5 to Rs4.75 per litre for the month of March 2019. The price of Motor Spirit…
KARACHI: Pakistan’s both black and white oil volumetric sales declined during seven months (July-January 2018-19) with overall sales volumes of oil marketing companies (OMC) clocking-in at 10.70 million tons as…
KARACHI: The government has reduced sales tax rates on petroleum products to keep the end consumer prices unchanged during the month of June 2016. The rate of sales tax on…
KARACHI:The staff of Anti Smuggling Organization (ASO) of Model Customs Collectorate (MCC) Hyderabad foiled a bid to smuggle 25,000 litres High Speed Diesel (HSD) from Quetta to interior Sindh. The…
KARACHI: The Federal Government has revised the rate of sales tax on import and supplies of petroleum products with effect from August 01, 2015. According to SRO 720(I)/2015, sales tax…