Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Pakistan Customs has announced auction of leftover lots of general cargo, vehicles, precious stones on August 13, 2014 at SWH, Customs House, Karachi, a circular said on Monday. It…
KARACHI: The offices of customs collectorates and Inland Revenue have been asked to submit the claims for grant of move-over for higher scale by August 31, 2014. The Federal Board…
KARACHI: Customs Authorities have imposed fine and penalty to the tune of Rs 0.228 million on A Shahzad Brothers for mis-declaring goods taking advantage of free trade agreement. According to…
KARACHI: Collectorate of Customs (Adjudication-II) has imposed fine and penalty of Rs0.522 million on Jass Brothers International for concealing goods against declared quantity with intention to evade duty and taxes.…
KARACHI: The adjudication collectorate issued Order-in-Original (ONO) against M/s Mohsin Enterprises for misdeclaration as examination found excess weight. The customs authorities reported that the contravention was established due to excess…
KARACHI: The Karachi Customs Agents Association – as the main port user – has sensitized customs authorities regarding delay and pendency in the grounding of containers for examination. The delay…
KARACHI: Pakistan Customs Drug Enforcement Cell – DEC, Karachi Airport Unit on Saturday recovered and seized 700 grams heroin powder concealed in trolley bags and laptop of a passenger. According…
KARACHI: In order to stabilize the prices of potatoes, the FBR issued notifications to allow extension in duty and tax free import of the vegetable. The revenue board on Friday…
KARACHI: The Federal Board of Revenue (FBR) has revised the conditions for issuance of exemption certificate on import of raw material by manufacturers, according to an statutory regulatory order (SRO)717(I)/2017.…
KARACHI: Establishment Division has issued a list of nominated officers of Pakistan Customs Service (PCS) for 18th Mid Career Management Course (MCMC) at National Institute of Management (NIM), Federal Board…
KARACHI: The overall Customs duty collected during the month of July 2014 stood at Rs14.687 billion down 7.24 percent from Rs15.835 collected in July 2013 as the long Eid holidays…
KARACHI: Transparency International Pakistan (TIP) has requested the chairman of Federal Board of Revenue (FBR) to take immediate action for recovery of billions of rupees evaded taxes from persons involved…
KARACHI: The officers proceeding abroad for training under any technical assistance program through various foreign scholarships would be treated as on duty, Federal Board of Revenue (FBR) said on Thursday.…
KARACHI: Sindh Revenue Board (SRB) on Thursday notified rates for sales tax on services effective from July 01, 2014. The rates included the exempted services and those where concessions have…
KARACHI: Establishment Division has issued a list of nominated officers of Inland Revenue Service (IRS) BS-18 for 18th Mid Career Management Course (MCMC) at National Institute of Management (NIM), Federal…
KARACHI: The Federal Board of Revenue (FBR) has directed the officers of Inland Revenue service (IRS) and Pakistan Customs Service (PCS) to file declaration of assets for the year ending…
KARACHI: The Lahore High Court has ruled that the pre-trial steps including arrest and detention cannot be given effect to unless the tax liability of the taxpayer is determined and…
KARACHI: The Directorate General of Customs Valuation has revised down the customs values of ‘Ovaltine’ keeping in view the price variation between the different modes of packing. According to revised…
KARACHI: M/s Premier Cables (Pvt) Limited has been provisionally allowed import of raw material on concessionary rate for manufacturing purpose. According to the provisional certificate issued by Input-Output Coefficient Organization…
KARACHI: Input-Output Coefficient Organization (IOCO) has issued provisional certificate to M/s. Pakistan Telephone Cables Limited for the import of raw material at reduced rates of duty and taxes. According to…