Importers evade taxes by transshipping goods to dry ports
A recent report has revealed that importers are using transshipment (TP) consignments to dry ports as a way of evading duty and taxes on high tariff goods. The report claims…
Pakistan Customs, Tax, Shipping & Business News Resource
A recent report has revealed that importers are using transshipment (TP) consignments to dry ports as a way of evading duty and taxes on high tariff goods. The report claims…
KARACHI: Customs Enforcement Karachi has booked several including bonded carrier M/s Saif-ur-Rehman & Brothers Pvt Ltd, M/s Shippo Pakistan Pvt Ltd, M/s Emirates Logistics Pvt Ltd and Shokatullah for smuggling,…
KARACHI: Chief Collector Appraisement South has introduced various measures in order to streamline the work of assessment groups, appraisement collectorates and facilitate trade. However, these measures have created unrest among…
KARACHI: MCC Appraisement West has summoned M/s E-Movers Pvt Ltd for a hearing scheduled for August 25, 2017 regarding suspension of their bonded carrier license a M/s E-Movers has been…
KARACHI: MCC Appraisement West has revoked the customs bonded carrier/customs agent license of M/s Ports Connection (Pvt) Ltd. MCC Appraisement West is the licensing authority. The bank guarantee, defense saving…
KARACHI: Pakistan Customs has recovered fireworks and explosives weighing 22 tons from a container at West Wharf. MCC Preventive Karachi Port Control Unit (PCU) had blocked a container at West…
KARACHI: MCC Preventive Karachi Port Control Unit (PCU) has blocked a container at West Wharf, which as per intelligence reports is stuffed with fireworks. The said container imported by M/s…
KARACHI: Pakistan Customs is not at all equipped to undertake import/export clearance along with anti smuggling operations on China Pakistan Economic Corridor (CEPC) route, and needs enhancement of its administrative,…
KARACHI: It is heartening to observe that all the authorities have developed a consensus that smuggling is the biggest problem of the country as on one hand its hurts economy…
KARACHI: MCC Exports and MCC Preventive jointly foiled the attempt to defraud national exchequer and tried to re-export a consignment, which was imported in the name of M/s Esaam Enterprises…
KARACHI: The ASO Customs Preventive has planned a rigorous crack-down against the pilferage of transshipment cargo, which has been causing a severe loss to the economy. In the first phase,…
KARACHI: Customs Preventive ASO has lodged an FIR and arrested three persons who were caught red-handed while replacing the goods of a transshipment consignment bound to Lahore dry port. M.…