List of importable items prone to under-invoicing prepared
KARACHI: The Pakistan Customs has prepared a list of importable items prone to under-invoicing to be kept under vigil so that revenue loss to the exchequer could be avoided. The…
Assessment guidelines issued to avoid revenue loss
KARACHI: Model Customs Collectorate of Appriasement – West has issued assessment guidelines for various importable good which were being assesses at lower values causing revenue loss to the government. Member…
FBR notifies composition of Input Output Coefficient Organization (IOCO)
KARACHI: The Federal Board of Revenue (FBR) has notified the composition of the Directorate General of Input Output Coefficient Organization (IOCO), Pakistan Customs in Karachi. The IOCO would be headed…
WeBOC being extended to export cargo through NLCTT
KARACHI: As the Federal Board of Revenue (FBR) has approved the gradual roll-out of the WeBOC System to MCC (Exports), a phased implementation approach is being adopted. Accordingly, the facility…
Customs schedules a huge auction of fresh/leftover lots of miscellaneous goods
KARACHI: Model Customs Collectorate, Office of the Assistant Collector of Customs, Karachi International Container Terminal (KICT) is auctioning fresh/leftover lots of miscellaneous goods commencing from September 17, 2013 onwards. According…
35,595 non-corporate, 1,163 corporate audit cases selected for tax year 2012
ISLAMABAD: The Federal Board of Revenue (FBR) on Friday conducted random computerized balloting and selected 35,595 non-corporate cases and 1,163 cases for audit for the tax year 2012. The FBR…
IRS officers promoted to Grade-18
KARACHI: The Federal Board of Revenue (FBR) has notified promotion of six officers of Grade-17 of Inland Revenue Service (IRS) to Grade-18 on regular basis. The promoted officers include Syed…
FBR notifies transfers/postings in the senior cadre of IRS and PCS
KARACHI: The Federal Board of Revenue (FBR) has notified transfers and postings of 18 officers in the senior cadre i.e. Grade-19 & Grade-20 of Inland Revenue Service (IRS) and Pakistan…
Customs agents successful strike ends without demand acceptance
KARACHI: Clearing agents have ended the successful strike – launched for an indefinite period – on the second day without approval of their demand as customs authorities threatened them of…
Bhatti submits report in arms smuggling case
KARACHI: Ramzan Bhatti, former Member Customs, Federal Board of Revenue (FBR) and the head of fact-finding commission in the arms smuggling case, on Wednesday submitted his report before the Supreme…
MCC-Appraisement-East detects massive duty-taxes evasion; FIR lodged
KARACHI: Model Customs Collectorate (MCC) Appraisement-East has lodged first information report (FIR) against one Mohammad Azfar Javed for evading huge amount of revenue involved in import and clearance of consignments…
FBR requested to allow setting up customs check posts along entry points of Karachi
KARACHI: The Chief Collector of Model Customs Collectorate (MCC) Preventive has requested the Federal Board of Revenue (FBR) to allow two check posts to create deterrence against entry of smuggled…
FBR notified large scale transfers/postings in Pakistan Customs Service
KARACHI: The Federal Board of Revenue (FBR) has notified large-scale transfers and postings in the cadre of (Grade-18 & Grade-17) of Pakistan Customs Service. Officers of Grade-18 that have been…
Customs agents go for indefinite strike from Sept 10, demand reopening of cases in ISAF missing containers scam
KARACHI: All Pakistan Customs Agents Association, Karachi Customs Agents Association, All Pakistan Bonded Carrier Association on Friday jointly announced a protest starting from September 10 for an indefinite period against…
Customs offices to remain open on Saturday for retrieval of key information related to arms smuggling case
KARACHI: The offices of Pakistan Customs will remain open on Saturday, September 07, 2013 for retrieval of record demanded by fact-finding commission, nominated by Supreme Court of Pakistan in illegal…
Arms smuggling investigation, Bhatti to submit report to Supreme Court on Friday
KARACHI: Ramzan Bhatti, former Member Customs FBR and the head of fact-finding commission in the arms smuggling case is set to submit his report before the Supreme Court of Pakistan…
Customs agents to go on strike from September 10th
KARACHI: The Customs agents of the country had announced to go a strike from September 10, 2013 that would result in no clearing and forwarding of imports and exports consignments.…