Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Federal Board of Revenue (FBR) has authorized Chief Controller, Computer Wing, Income Tax Department to allow genuine corrections on challans’ data as well as collection automation programme data…
KARACHI: The Federal Board of Revenue (FBR) has allowed extension in time limitation for issuance of ‘credit notes’ by companies manufacturing food items in terms of section 9 of the…
KARACHI: The Federal Board of Revenue (FBR) has negated the government drive of austerity measures in government departments as officials of revenue collecting machinery have consumed 86 percent of allocated…
KARACHI: At least four officers of Customs and Inland Revenue groups have been promoted to Grade-22 on approval of Prime Minister. Sources said that the Prime Minister of Pakistan approved…
KARACHI: The customs authorities have identified habitual evaders who incurred huge losses to exchequer through misdeclaration on chemical imports. An FIR has been lodged against the importer Zeeshan Trading Company…
KARACHI: Model Customs Collectorate (MCC) PaCCS has resented the order passed by the Federal Tax Ombudsman (FTO) in a stolen and subsequently encashed of a financial instrument saying the department…
KARACHI: Customs officials are stunned over a decision of collector appeals by declaring ‘misunderstanding’ in a number of cases where officials detected unscrupulous persons removing the goods illegally and without…
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KARACHI: The contractors for supplying food and general goods to NATO forces in Afghanistan are allegedly disposing of the expired goods inside Pakistan, which was disallowed by the government after…
KARACHI: Model Customs Collectorate of PaCCS has issued recovery notices amounting about Rs350 million to tiles importers, who defrauded the government functionaries by presenting bogus financial instruments. The collectorate has…