PCA detects evasion of Rs35 million; Contraventions served on accused

KARACHI: Directorate of Post Clearance Audit (PCA) Karachi has served 12 Contravention Reports on several importers of shredded/grated cheese for evasion of leviable, sales tax… Read more

Special Customs Appellate Tribunal issue notices in appeal regarding chick pea duty dispute

KARACHI: Special Customs Appellate Tribunal (SCAT) on Wednesday referred a customs appeal (K 84 of 2017) to Chairman of the tribunal for marking the same… Read more

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… Read more

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…. Read more

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… Read more

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… Read more

China State Construction company imports duty/tax exempted machinery and equipment worth Rs3.019 billion

KARACHI: China State Construction Engineering Corporation has imported heavy machinery and equipment worth Rs3.019 billion in August so far after the government announced sales tax,… Read more

Stationary manufacturers demand restoration zero-rating on paper procurement

KARACHI: Stationary manufacturers across the country are irked with the withdrawal of zero-rating facility on stationary raw material. Federal government in the last budget has… Read more

Pakistan Customs collect revenue of Rs159.17 billion in two months

KARACHI: The overall revenue collection by Pakistan Customs in the fiscal year so far i.e. two months (July-August 2016) stood at Rs159.17 billion as against… Read more

  • MC