Pakistan Customs, Tax, Shipping & Business News Resource
Karachi: The Licensing Committee of the Collectorate of Customs Appraisement West convened a significant two-day meeting on December 31, 2024, and January 1, 2025, at the Custom House in Karachi.…
Karachi: The implementation of new procedures for the movement and clearance of cargo containers has led to a significant backlog at various ports in Karachi. Over 1,000 containers were stuck…
KARACHI: The Customs Enforcement authority has formally notified new Standard Operating Procedures (SOPs) for escorting Transit (AT) and Transhipment (TP) cargo. The detailed SOPs, including specified routes and deployment plans…
KARACHI: The MCC Appraisement West has filed an FIR against M/s M.A.C. Steel Corporation and M/s Pakistan Steel Import Company for the illegal removal of goods from a Customs bonded…
KARACHI: In an effort to enhance the efficiency and security of bonded cargo movement, the Directorate of Transit (HQ) in Karachi has introduced new Standard Operating Procedures (SOPs) for the…
KARACHI: The Directorate of Transit Trade has rolled out new guidelines to enhance the transportation of transit, transshipment, and Karachi Export Processing Zone (KEPZ) cargo. Effective from January 1, 2025,…
Karachi: Federal Board of Revenue (FBR) has assigned a new batch of Assistant Collectors (Probationers) from the 51st Common Training Program (CTP) to various Collectorates across Pakistan. The following Probationary…
KARACHI: Pakistan Customs has ended its contract with TPL Tracking Company, and has issued a new Standard Operating Procedure (SOP) for the movement of bonded cargo. This move comes as…
Islamabad: Global digital operator VEON Group reaffirms its confidence in the growth potential of Pakistan’s microfinance sector and Mobilink Bank by investing USD 15 million in fresh capital to drive…
KARACHI: Pakistan Tax Bar Association (PTBA) has requested the Chairman Appellate Tribunal (Inland Revenue) to form a larger bench in view of conflicting judgments passed by Appellate Tribunal in respect…
KARACHI: In a recent notification, Chief Collector Appraisement South, Jameel Nasir, announced that Appraising Officers at the Faceless Customs Assessment (FCA) will now work in two shifts. This decision aims…
Karachi: In a major crackdown on import fraud, Customs Appraisement West has filed a First Information Report (FIR) against M/s Cosmix Engineering and M/s Elegant Enterprises for allegedly grossly mis-declaring…
ISLAMABAD: In a decisive move to overhaul Pakistan’s maritime industry, Prime Minister Shahbaz Sharif has endorsed a series of sweeping reforms as proposed by the Task Force on Revamping of…
KARACHI: The President Anwar Kashif Mumtaz and General Secretary Mohammad Rehan Siddiqui of Pakistan Tax Bar Association (PTBA) in a joint letter has sought information regarding impact of recent amendments…
KARACHI: In a groundbreaking revelation, the Post Clearance Audit (PCA) South has uncovered a massive fiscal fraud amounting to Rs. 2.4 billion, allegedly orchestrated by M/s Qazi Sanjrani Enterprises (Pvt.)…
KARACHI: The faceless assessment system, designed to streamline customs procedures, is facing criticism for being artificially successful. The system has turned the yellow channel into the green channel, with 99%…
KARACHI: Arshad Khurshid, former president of the Karachi Customs Agents Association (KCAA), has praised the outstanding efforts of Chief Collector (A) South, Mr. Jamil Nasir, along with his team of…
Karachi: The Federal Board of Revenue (FBR) has announced pivotal amendments to the Customs Rules, 2001, aimed at refining the process for granting customs agents licenses and enhancing the customs…
KARACHI: FBR has notified transfers and postings of BS-16 officers from various collectorates to Customs Appraisement, South Asia Pakistan Terminal (SAPT), Custom House, Karachi. Among those affected by this change…
KARACHI: Federal Board of Revenue (FBR) has announced a new distribution of responsibilities among officers in the Customs Operations Wing, Islamabad. This reorganization is effective immediately and will remain in…