Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Ministry of Commerce has notified the list of compulsory items, which need to meet Pakistan standards at import stage through amendment in the Import Policy Order 2013. These…
KARACHI: The Federal Board of Revenue (FBR) has notified promotions of Grade-17 officers of Inland Revenue Service (IRS) and Ex-cadre (DR&S) in to Grade-18 on Friday. The 39 BS-17 officers…
KARACHI: The Directorate General of Customs Valuation has determined the customs values of silicon sealant vide Valuation Ruling no. 706/2015. Accordingly, silicone sealant (retail packing in cartridges; approx 300ml-320ml) of…
KARACHI: The Directorate General of Customs Valuation has determined the customs values of Toyota Hilux Vigo of Thailand origin vide Valuation Ruling no. 705/2015. Now the Toyota Hilux Vigo of…
KARACHI: Afghan Counsel General, Shah Ahmed Saeed has expressed serious concerns of Afghan importers over the cartel-forming of bonded carriers, which would result in a significant increase in the transportation…
KARACHI: The Federal Board of Revenue (FBR) has notified transfers and postings of Grade-17 and Grade-18 officers of Pakistan Customs Service. Grade-18 officers shuffled include Muneeza Majeed who is moved…
KARACHI: The campaign initiated by MCC Exports to recover government revenue through attachment of bank accounts has started yielding results as the collectorate has Rs6.615 million. The collectorate had earlier…
KARACHI: MCC Appraisement East has asked the Departmental Audit Committee (DAC) to assign a verification team to confirm recovery of Rs25.7 million in 12 cases where the adjudication was issued…
KARACHI: The Federal Board of Revenue (FBR) has imposed regulatory duty (R&D) in the range of 5.0 percent to 15 percent on the import of iron and steel products along…
KARACHI: The Sindh High Court (SHC) has suspended all proceedings in the case regarding alleged duty evasion by motorcycle assemblers by way of pilferage of transshipment (TP) consignments. DG I&I…
KARACHI: The R&D of MCC Appraisement West has detected short realization of customs duty & taxes amounting Rs6.10 million on import of hot fix tape in 59 goods declarations by…
KARACHI: The MCC Exports has issued scores of show cause notices to exporters who had attached invalid or fake Form-E along with their Goods Declarations (GDs) for exports. It was…
KARACHI: The Narcotics Control Division has notified that all export/import containers put up on ‘hold’ by Anti Narcotics Force (ANF) will first be scanned. It will be followed by intrusive…
KARACHI: MCC Appraisement West has advised MCC Appraisement East MCC Port Qasim to take notice of sales tax evasion on raw and ginned cotton and effect recovery of the sales…
KARACHI: WeBOC Module Aircraft Intimation Report (AIR) has been successfully implemented at all the airports of the country. The system was implemented on January 06, 2015 and immediately after its…
KARACHI: MCC Port Qasim has prepared contravention under section 32-A etc, against M/s Quick Contractors & Traders for defrauding the authorities through fake and forged certificates/documents. The contravention has been…
KARACHI: MCC Port Qasim has detected revenue leakage of Rs58.89 million, which the exchequer could suffer as the importers were mis-declaring the classification of imported goods to evade duty and…
KARACHI: The trading activities i.e. import and export remained quite disturbed as the container terminals could operate in routine due to foggy weather conditions. Pakistan International Container Terminal (PICT), Karachi…
KARACHI: The Federal Board of Revenue would convene the meeting of Departmental Promotion Committee (DPC) for consideration of cases of promotions of officers from BS-17 to BS-18 on January 5,…
KARACHI: The Customs Classification Committee headed by Zeba Bashir Ahmed has notified that ‘rubber seal strip’ is appropriately classifiable under PCT heading 4008.1190. The matter regarding classification of rubber seal…