Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Sindh High Court has quashed the FIR lodged against M/s Reliable Associates by R&D Appraisement West for taking undue advantage of SRO 670(I)/2013 and evading sales tax on…
KARACHI: Abdullah Zaki, president, Karachi Chamber of Commerce and Industry (KCCI) has urged the Federal Board of Revenue (FBR) to simplify the income tax return. In a statement issued Monday,…
KARACHI: The probationary period of Inland Revenue Service (IRS) officers of BS-17 has been terminated after qualifying FPOE from the immediate effect, a notification issued by the Federal Board of…
KARACHI: The Human Resource Management Wing has approved the requests of the following officers for applying ‘Taxation policy and management 2015’ program. However, they will need to get no objection…
KARACHI: The Federal Board of Revenue has nominated its officers for the course of ‘utilization of the World Trade Organization (WTO) agreement for trade and investment’ which will commence from…
KARACHI: Federal Board of Revenue (FBR) has issued a list of nominations of its officers for PH.D program in Public Policy (PP) at KDI School in Korea for 2015. As…
KARACHI: Federal Board of Revenue (FBR) has provided new prescribed format to candidates while applying for the request program. As per circular, new prescribed format for employers statement/plan to implement…
KARACHI: Model Customs Collectorate of Appraisement (West) has said that all pending inquiry proceedings against customs officials should be completed within two weeks. According to notification, it noticed delays in…
KARACHI: The Customs Appellate Tribunal, Karachi has struck down conversion of provisional determination of Customs values of PVC flex banners sheets into final determination of duty, as it was made…
KARACHI: Pakistan Customs has fixed customs values for iron or non-alloy steel, wire rod low/high carbon (draw quality) to reflect the current prices as prevailing in the international market. On…
KARACHI: Pakistan Customs has determined customs values for shoe polish up to $1.40 per kilogram for collection of duty and taxes. On Friday, Directorate General of Customs Valuation has issued…
KARACHI: The Federal Board of Revenue (FBR) is going to give further one month extension in filing of income tax return up to October 31, 2014. Sources in Federal Board…
ISLAMABAD: In order to get support of business community during difficult political scenario, the government accepted the demand of trade bodies and formed a tax reform commission to resolve tax…
KARACHI: The Directorate General of Customs Valuation has revised the Customs values of bicycle parts vide Valuation Ruling No.690/2014. Customs values of bicycle parts were determined in July 2011. Representations…
KARACHI: The Directorate General of Customs Valuation has revised the Customs values of USB data traveler, USB flash drive and memory card vide Valuation Ruling No.688/2014. Customs values of USB…
KARACHI: Pakistan Customs has revised customs values for Chinese origin solar fans (without battery/solar penal) up to $7 per piece as it was being imported under-invoiced value which caused loss…
KARACHI: Pakistan Customs on Wednesday determined customs values of all origin tamarind with seeds at $0.30 per kilogram for collection of duty and taxes. In this regard, Directorate General of…
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has lambasted the attituted of port authorities in handling the containers for exports proceeds during inspection by Anti-Narcotic Force (ANF)…
KARACHI: Pakistan Air Lines Pilots Association (PALPA) on Tuesday threatened to move court against Pakistan Customs in case of failure of the authorities in taking action against customs officials in…
KARACHI: The Federal Board of Revenue (FBR) has imposed major penalty on an officer of Inland Revenue on the charges of inefficiency and misconduct. The board demoted the officer and…