Customs valuation revised for tamarind with seeds
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…
FPCCI lambasts port authorities for mishandling export containers
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)…
Pilots association threatens to move court; customs says crew members allow Rs3000 to carry
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…
FBR imposes major penalty on IRS officer; demotion awarded and performance allowance stopped
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…
Election Commission declares KCAA office bearers, MC members elected unopposed
KARACHI: The office of the chief election commission on Tuesday announced that all office bearers and members managing committee (MC) of Karachi Customs Agents Association (KCAA) for the term 2014/2015…
59 customs officers of BS-18-19 assigned new postings
KARACHI: The Federal Board of Revenue (FBR) on Tuesday assigned new postings to 59 officers of Pakistan Customs Service (BS-18-19) under the reshuffle with immediate effect until further orders. The…
FBR should not be allowed to devise economic policies: PSMA
KARACHI: Tanvir Ahmed Sufi, Chairman, Pakistan Soap Manufacturers Association (PSMA) has said that the Federal Board of Revenue (FBR) should not be allowed to devise economic policies. “It (FBR) should…
Income tax return to be treated invalid without CNIC / NTN number
KARACHI: Federal Board of Revenue (FBR) has said that income tax return filed for tax year 2014 would be treated as invalid or incorrect in case National Tax Number (NTN)…
Customs recovers 218 turtles
KARACHI: Pakistan Customs on Sunday recovered and seized 218 fresh water pond turtles from the baggage of an outbound passenger Sajid Fiaz Cheema at Karachi Airport’s Jinnah Terminal. On contrary…
Appraisement East foils bid to import banned pesticides
KARACHI: The Customs Appraisement East has foiled a bid to import pesticides in the garb of dimethyle formamide (DMF), and send the samples to laboratory to ascertain the category of…
FBR notifies transfers/postings of IRS officers BS-17-18-19
KARACHI: The Federal Board of Revenue (FBR) has issued transfers/postings list of Inland Revenue Service (IRS) officers BS-17-18-19 with immediate effect till further orders, a notification issued on Friday. The…
DP World introduces truck appointment system
KARACHI: DP World Karachi has decided to introduce Truck Appointment System for all its Afghan and bonded up-country customers taking delivery of import containers. DP World Karachi is proud to…
DG Customs Valuation revises customs values of Aluminum foils
KARACHI: The Directorate General of Customs Valuation has revised the Customs values of aluminum foil vide Valuation Ruling No. 686/2014. It was brought to the notice of Directorate general that…
Qamar Alam elected unopposed KCAA president for 2014/2015
KARACHI: Qamar Alam has been elected unopposed as president of Karachi Customs Agents Association (KCAA) for the term 2014/2015. While the remaining office bearers of the association have also been…
FBR issues withholding tax rate card for fiscal year 2014/2015
KARACHI: The Federal Board of Revenue (FBR) has issued rate card for withholding tax under Income Tax Ordinance, 2001 applicable for fiscal year 2014/2015. The rate card:
FPCCI seeks extension in filing of income tax return to December 31
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday urged the Federal Board of Revenue (FBR) to extend the last date for filing of income tax return…