Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Pakistan Economy forum has criticized the valuation guidelines issued by Collector Appraisement-South pertaining to 96 items for which the rulings had been lost. Arshad Jamal, Chairman Pakistan Economy…
KARACHI: The Federal Board of Revenue (FBR) has been urged to revisit the amendments brought in to sales tax laws in the recent pasts that are causing problems for taxpayers…
KARACHI: Pakistan Customs to conduct auction of seized vehicles on December 04 lying in state warehouse at Custom House, Gaddani. The vehicles are included: Mitsubishi Pajero 2800CC (old registration) Toyota…
KARACHI: The auction of vehicles and goods confiscated by Directorate General of Intelligence and Investigation – FBR to by held on December 02, 2013 at CPF Bonded Warehouse, Rasheedabad, Karachi.…
KARACHI: The Supreme Court of Pakistan (SCP) has suspended the judgment of Sindh High Court dated October 25, 2013 and endorsed the legality of Division I of Part I of…
KARACHI: Karachi Customs Agents Association (KCAA) has informed that port demurrage waiver still not implemented due to the absence of any clear policy, which was ordered earlier by the port…
KARACHI: The Federal Board of Revenue (FBR) has announced that all the customs houses will remain open on all Saturdays to facilitate trade and industry. In a notification issued Tuesday,…
KARACHI: The Federal Board of Revenue (FBR) has selected officers of Inland Revenue Services (IRS) of BS-20 for National Security and War Course at National Defence University starting first week…
KARACHI: Pakistan Customs has recovered smuggled goods worth Rs204 million and arrested several persons in the anti-smuggling drive and launched investigation to identify the real financiers, which resulted in dent…
KARACHI: The Regional Tax Office (RTO) Lahore has advised customs authorities and other inland offices in Lahore that the government dues amounting to Rs.10.27 million in form of sales tax…
KARACHI: Fate Wing of the Federal Board of Revenue (FBR) has directed the Awan Law Associates Karachi to take up the issue of fixation of service charges on goods with…
KARACHI: The Regional Tax Office (RTO) Lahore has advised customs authorities and other inland offices in Lahore that the government dues amounting to Rs.10.83 million in form of sales tax…
KARACHI: In compliance with the directives of Honorable Supreme Court of Pakistan regarding coordinated and joint efforts against illegal movement of smuggled and contraband goods, Pakistan Customs in coordination with…
KARACHI: The Directorate General of Customs Valuation has rejected the plea of Aula Private Limited Karachi – the importer of Red Bull energy drink – seeking downward review against the…
KARACHI: The Regional Tax Office (RTO) Lahore has advised customs authorities and other Inland Offices in Lahore that the government dues amounting to Rs.20.65 million in form of sales tax…
KARACHI: Pakistan Customs, in joint operation against smuggled oil sales at various fuel stations, on Sunday demolished 61 petrol pumps and confiscated plant and machinery besides seizing thousands of liters…
KARACHI: Federal Board of Revenue (FBR) said that Pakistan’s financial system has potential to generate more revenue by expanding services. The banking system is making huge profit and bringing more…
KARACHI: Karachi Tax Bar has demanded the Federal Board of Revenue (FBR) to allow filing of income tax returns as its members were unable to filer returns due to slow…
KARACHI: The Federal Board of Revenue (FBR) on Thursday announced that all the Model Customs Collectorates will remain open and observe normal working hours on Saturday November 23, 2013 to…
KARACHI: The facility of WeBOC system has been extended to LCL Cargo being exported through Pakistan International Container Terminal (PICT) and Karachi International Container Terminal from November 12, 2013. Accordingly…