Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Federal Board of Revenue (FBR) has decided to recover Rs807 million as concealed amount of duty and taxes including additional surcharge on import of three tugs acquired by…
KARACHI: The Customs Appellate Tribunal Islamabad has categorically held that valuation rulings cannot be applied to the goods which have been already cleared. The Tribunal upheld the order of collector…
KARACHI: The Directorate General of Customs Valuation has notified through a Valuation Ruling determining the custom values of Ballast for Discharge Lamps or Tubes imported into Pakistan. According to details,…
KARACHI: The Directorate General of Customs Valuation has notified through a Valuation Ruling determining the revised custom values of instant dry yeast imported into Pakistan. Since the earlier customs values…
KARACHI: The Federal Board of Revenue (FBR) has directed all the collectorates to make necessary action for recovery of short paid amount of duty/taxes on the import of cellular mobiles…
KARACHI: The Customs Intelligence Balochistan on Saturday seized a truck loaded with LPG cylinders to be smuggled into Pakistan near Buleli check post on Quetta-Chamman Road. A case has been…
KARACHI: The Federal Board of Revenue (FBR) has turned the Pakistan Customs Services (PCS) upside down through massive re-shuffling to streamline the customs clearance process to avoid under-invoicing, corruption and…
KARACHI: The Model Customs Collectorate (MCC) PaCCS has advised the exporters having their customs rebate claims pending, to submit their bank account details at the office of Collector Customs PACCs…
KARACHI: The Model Customs Collectorate (MCC) Gawadar has seized a huge quantity of foreign liquor amounting Rs6.77 million, which was to be smuggled into Pakistan. According to details, the MCC…
KARACHI:  The Federal Board of Revenue (FBR) has notified large scale transfers and in Pakistan Customs Services (PCS), which is part of the change anticipated to be brought in…
KARACHI: The Revenue Division Ministry of Finance has lifter the condition of NTN holder to buy a motor directly from the manufacturer/assembler in Pakistan. The local assemblers/manufacturers of motor cars…
KARACHI: The Directorate General of Customs Valuation has notified through a Valuation Ruling determining the revised custom values of fruit juices and non-alcoholic beverages imported into Pakistan. Since the earlier…
KARACHI: The Model Customs Collectorate (MCC) Appraisement has notified provisional regularization of 16 contract employees appointed under the Family Assistance Package in 2009. These employees include three Examiners of Grade-14…
KARACHI: The Model Collectorate of Customs (MCC) PaCCS’s post-clearance audit has starting bearing fruit as in a case of short payment of duty and taxes, the importer has paid Rs6.0…
KARACHI: The Directorate of Customs Valuation has PCT-wise rearranged 62 items to enable field formations for properly ascertaining truth and accuracy of values declared. The Directorate has already undertaken exercise…
KARACHI: The anti-smuggling unit of Model Customs Collectorate (MCC) Gwadar has made seizure of huge smuggled goods worth around Rs47 million on Wednesday. Details revealed that the unit of MCC…
KARACHI: The Model Customs Collectorate (MCC) PaCCS has asked the Triple Tree Associates to make payment of Rs47.99 million into the exchequer after the company voluntarily surrendered benefit of Sr.8…
KARACHI: The Model Customs collectorate (MCC) Gawadar foiled a bid to smuggle gutka and Korean cigarette into the country and seized goods worth Rs1.67 million. According to details, a mobile…
KARACHI: The Triple Tree Associates has offered to the Collectorate of Customs PaCCS to conditionally surrender the benefits in form of taxes/duty concessions availed under serial No. 8 of SRO…
KARACHI: All the customs clearing agents have been advised to get freight memo from the importer and the same should be added in Freight on Board (FOB) value to ascertain…