Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Federal Board of Revenue (FBR) has notified transfers and postings of Assistant Commissioners (probationer) Inland Revenue Service BS-17 with immediate effects in consequent upon completion of Specialized Training…
KARACHI: Model Customs Collectorate (MCC) of Preventive, Karachi has seized goods worth Rs35.57 million during first week of November 2013 in the ongoing anti-smuggling drive. The Preventive Collectorate launched the…
KARACHI: Establishment Division of the Federal Board of Revenue (FBR) has issued a list of nominated Inland Revenue Service Officers of BS 18 for 17th Mid Carrere Management Course (MCMC)…
KARACHI: As many as 31 officers/officials of Model Customs Collectorate (MCC) of Appraisement-West are due to attain the age of superannuation and will be retired in the year 2014. The…
KARACHI: Model Customs Collectorate (MCC) of Appraisement (East) has ordered on joining, posting of the following principal appraisers, appraisers and examiners with immediate effect until further orders. 1. Nihar Khan,…
KARACHI: The Federal Board of Revenue (FBR) is in process of gathering data from its offices to formally ask Swiss authorities to share information of Pakistanis invested or parked black…
KARACHI: The Directorate General of Customs Valuation has revised the Customs values of chemicals vide Valuation Ruling No.609/2013. Customs values of various types of chemicals were determined earlier in 2007.…
KARACHI: The Directorate General of Customs Valuation has revised the valuation of gas stoves and parts after information of massive under-invoicing causing huge revenue loss to national exchequer. The directorate…
KARACHI: The Directorate General of Customs Valuation has determined the customs values of Almond in shell and Almond Shelled up to $3.25 per Kilogram for the duty collection through valuation…
KARACHI: The Directorate General of Customs Valuation has assessed the customs values of Skimmed Milk Powder up to $5.00 per Kilogram for the duty collection through Valuation Ruling No. 599/2013,…
KARACHI: An auction of fresh/leftover lots will be held on November 19, 2013 at Pak Shaheen Container Terminal by Pakistan Customs. As per details received to customnews.pk, the following goods…
KARACHI: Pakistan Customs is conducting auction of fresh / leftover lots at KICT West Wharf from today (November 13, 2013) onwards. As per details received to customnews.pk, the following goods…
KARACHI: The anti-smuggling staff of Model Customs Collectorate (MCC) Gawadar has arrested two smugglers and seized goods to be smuggled worth Rs21.83 million. In pursuance of an information from Chief…
KARACHI: The Directorate General of Customs Valuation has revised the Customs values of 9-MM and 30-Bore pistols of Chinese origin vide Valuation Ruling No.608/2013. The Directorate General was approached by…
Karachi: Model Customs Collectorate (MCC) of Appraisement has ordered on joining, posting of the following Principal Appraisers with immediate effect until further orders. 1.Asad Masood, on joining, Group-V (WeBOC/One Custom).…
Karachi: Model Customs Collectorate (MCC) of Appraisement has ordered the transfers and postings of Examining Officers with immediate effect. The following officers are transferred and posted: Ishtlaq Hussain transferred and…
KARACHI: There are certain loopholes in collection of withholding tax following in meeting of withholding obligations by the taxpayers and the withholding agent deduct the taxes but do not deposit…
Karachi: The Federal Board of Revenue (FBR) has initiated a plan to strengthen skills of Facilitation and Taxpayer Education (FATE) Wing in order to improve communication strategies under the revenue…
Karachi: The real state sector has tremendous potential for revenue generation by incorporating capital gains on immovable property through the enactment of new tax laws with proper documentation and registration…
KARACHI: Pakistan Customs on Thursday clarified the report regarding disappearance of weapons from containers lying at KPT was incorrect and misleading. Consignments of arms and ammunition imported in 1992 are…