Customs bonded warehouse keepers warned
KARACHI: The Model Customs Collectorate (MCC) of Appraisement-West has directed the Customs bonded warehouse keepers to feed the ‘gate-in’ activity in the WeBOC system on real basis. Any default on…
Minor penalty imposed on Inland Revenue officer for inefficiency, misconduct
The Federal Board of Revenue (FBR) has imposed the minor penalty to the officer on the charge of inefficiency and misconduct, a notification issued on Thursday. Mr. Ali Akbar Tunio,…
Customs officers directed to maintain details of top taxpayers
KARACHI: Model Collectorate of Customs (MCC) Appraisement West has directed officers to maintain functional details of leading taxpayers for prompt contact and close working liaison. In an office order, all…
Values should be confirmed from port of origin through data exchange, foreign investors ask FBR
Karachi: The declared Customs Values should be confirmed as of the port of origin from where the goods are shipped through data exchange between the customs agencies, a proposal of…
Repairs/maintenance of Govt. vehicles; Measures notified to check misappropriation of funds
KARACHI: In order to check improper maintenance of repairs records and alleged misappropriation of public money, the Model Customs Collectorate (MCC) of Appraisement-West has directed all concerned to maintain movement…
Transfers/postings of BS-17-18 Audit & Accounts Officers, FBR notifies
The Federal Board of Revenue (FBR) has notified transfers/postings of the Audit & Accounts Officers of BS-17-18 with immediate effect. The following officers transferred and posted: Rafi Ahmed (Audit &…
FBR notifies transfers/postings of BS-19-21 IRS officers
The Federal Board of Revenue (FBR) has notified transfers/postings of the Inland Revenue Services (IRS) officers of BS-17-19 with immediate effect. The following officers are transferred and posted: Naheed Azhar…
Valuation of $2.35 per/KG fixed for disposable plastic articles, PP jelly cups
Karachi: The Directorate General of Customs Valuation through Valuation Ruling No. 597/2013has determined the values of Disposable Plastic Articles including PP Jelly Cups at the rate of (C&F) $2.35 per…
TFKs established to increase returns filing in Hyderabad
Karachi: The Federal Board of Revenue (FBR) has set up Tax Facilitation Kiosks (TFKs) in Hyderabad region within the jurisdiction of Regional Tax Officers (RTOs) to help taxpayers filing their…
16 percent Sales Tax for June 21 – 29, FBR notifies
Karachi: The Federal Board of Revenue (FBR) to withdraw one percent increase in sales tax from June 21, 2013 to June 29, 2013 in accordance with the Supreme Court order,…
Valuation of Soap Noodles proposed
Karachi: The Directorate General of Customs Valuation has proposed to determine the customs values of Soap Noodles afresh through Valuation Ruling No.Misc/34/2007-II. Meanwhile, it is advised to process the Goods…
Directorate of Customs Valuation fixed customs values of Perfumes/deodorants
Karachi: The Directorate General of Customs Valuation has determined the Customs Values of perfume/ eau de toilette, eau de cologne, personal deodorants and body spray of Low-End and Unknown Brands…
Customs values for Toiletries Low-End Brands determined up to $3.15 per KG
Karachi: The Directorate General of Customs Valuation through Valuation Ruling No.596/2013 has determined the values of Toiletries low end and unknown brands up to $3.15 per kilogram for assessment and…
MCC Appraisement West sets up team to finalize Afghan transit pending cases
KARACHI: Model Customs Collectorate (MCC) of Appraisement West has announced team for liquidation of pending cases in Afghan transit trade, under which the cases of ISAF missing containers would be…
M/s A.J International charged for manipulation of invoices
KARACHI: The Collector Adjudication has created demand of around Rs10 million against M/s A.J international for manipulation of invoice hence mis-declaration. Collector Adjudication via order in original (ONO) imposed a…
Directorate General Customs Valuation strikes down increase in customs values of Indonesia origin uncoated offset paper
KARACHI: The Directorate General of Customs Valuation has set aside the corrigendum dated September 18, 2013 to Valuation Ruling No. 577/2013 that increased the customs values of uncoated offset paper…
1,189 new taxpayers added to tax roll during first quarter: FBR
KARACHI: The Federal Board of Revenue (FBR) on Friday said that about 1,189 new taxpayers added to the tax base during first quarter of current fiscal year against 30,533 notices…
All collectorates to remain open on October 26
KARACHI: All Model Customs Collectorates (MCCs) of Pakistan Customs will remain open on Saturday October 26, 2013 to facilitate the trade and industry in getting their cargo cleared for imports/exports…
Assessment officials incur huge revenue losses by not applying VRs; Two officers put to off duty
KARACHI: Pakistan Custom has detected huge revenue losses incurred by its assessing officers posted in assessment hall by not applying notified valuation rulings. At least two out of 15 officers…
FBR sets up TFKs to maximize returns filing
KARACHI: The Federal Board of Revenue (FBR) has set up Tax Facilitation Kiosks (TFKs) across the country within the jurisdiction of Regional Tax Offices (RTOs) to help taxpayers filing their…