Pakistan Customs posts 2.8 percent surge in revenue collection

KARACHI: The overall revenue collection by Pakistan Customs in the fiscal year so far i.e. six months (July-December 2016) stood at Rs535.9 billion, up 2.8 … Continue reading

PCA detects Rs390 million evasion on import of sunflower seeds extraction

KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has detected evasion of Rs389 million, which several importers of sunflower seeds extraction evaded through mis-declaration. … Continue reading

Alleged fiscal fraud, mis-declaration case: SHC orders provisional release of Asaliya seed consignment

KARACHI: A division bench of High Court of Sindh compirising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmed Khan allowed provisional release of Asaliya … Continue reading

Inland Revenue Tribunal strikes down revenue demand against SEPCO

KARACHI: Judical Member Inland Revenue Appellate Tribunal Muhammad Javed Zakaria has struck down the order-in-original served on M/s Sukkur Electric Power Company (SEPCO) demanding payment … Continue reading

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