Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Federal Tax Ombudsman (FTO) has asked the Federal Board of Revenue (FBR) to examine and decided whether or not freight charges are involved in inter-port transport of goods, transshipped…
KARACHI: Customs Appellate Tribunal has imposed penalty on customs house agent and unscrupulous persons (importers) who involved in smuggling of high tariff contraband items, while filing GD it is mis-declared…
KARACHI: Directorate of Intelligence and Investigation- FBR has announced auction of confiscated vehicles and goods at CPF Bond Warehouse Rasheedabad, SWH on September 1, 2014. On Thursday, a notification said…
ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date for filing income tax return and statement for the tax year 2014 by one month considering ongoing political confrontation…
KARACHI: The research and statistics department of the Federal Board of Revenue (FBR) has shown dismal performance during the past one year as it failed to disseminate key information about…
KARACHI: Model Customs Collectorate Appraisement (West) on Wednesday issued assessment guideline of mold release preparations of China and Korea origin and determined customs value at $1.5/Kg for collection of duty/tax.…
KARACHI: The Model Customs Collectorate of Appraisement (West) has issued an assessment guideline for sulphur black of all origin and its customs value determined at $1.4/Kg. According to circular, imported…
KARACHI: Model Customs Collectorate Appraisement (West) has issued guideline on assessment of doxycycline HCL of China origin and fixed customs value at $52/Kg for collection of duty/tax. On Wednesday, a…
KARACHI: The Federal Board of Revenue (FBR) has issued SRO 755(I)/2014 to allow repayment of customs duty on manufacturing and exports by M/s/ Sapphire Finishing Mills Limited, Karachi for the…
KARACHI: The Collectorate of Customs Adjudication has served a show cause notice on M/s Bismillah Industry for depriving the government of its legitimate revenue to the tune of Rs4.888 million…
KARACHI: Collectorate of Customs (Adjudication – I) has issued show cause notices in seizure of contrabands made by directorate general of intelligence and investigation of Federal Board of Revenue and…
KARACHI: Model Customs Collectorate of Appraisement (West) has assigned additional charge to principal appraisers and officiating principal appraisers with immediate effect. In an office order, it said that additional charges…
KARACHI: Model Customs Collectorate (MCC) of Appraisement (West) has issued directives to all deputy and assistant collectors to facilitate the persons selected by the Federal Board of Revenue (FBR) under…
KARACHI: Owing to political tension in the country and irritants in e-filing the Federal Board of Revenue (FBR) has further extended the last date for filing sales tax/Federal Excise Duty…
KARACHI: In order to improve transparency and efficiency in vehicle clearance process, all imported motor vehicles (new & old) would be cleared under the newly developed WeBOC system. Motor vehicle…
KARACHI: The Customs authorities have notified that all FCL cargo including consignments of scrap, being shifted to KPT area and off dock terminals, shall be manifested as CY/FCL in view…
KARACHI: The MCC Appraisement-East has laid down the procedure for allowing permission for examination of imported goods by the importer/clearing agent prior to filing of Goods Declaration (GD). The procedure…
KARACHI: The Customs Adjudication has served a Show Cause Notice to M/s Reliance Importer & Exporter along with clearing agent M/s Reliance International, Quetta for evading government legitimate revenue to…
KARACHI: The Federal Board of Revenue (FBR) has been informed that taxpayers would not able to comply the last date of August 25, 2014 for filing sales tax return for…
KARACHI: Pakistan Customs Drug Enforcement Cell – DEC, Karachi Airport Unit recovered and seized 570 grams heroin powder concealed in trolley bag and footwear of a passenger. According to details,…