Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Judicial Magistrate Lahore has issued non-bail able arrest warrants of 76 Customs officials including Principal Appraisers, Appraising Officers and Examining Officers as these officials are accused of overusing their…
KARACHI: The MCC Appraisement East has notified the procedure for clearance of arms and ammunition as Ministry of Commerce in December 2014 allowed the commercial import of prohibited bore arms…
KARACHI: The Directorate General of Customs Valuation has revised the Customs values of iron & steel HRC, CRC and GP vide Valuation Ruling 717/2015. The Customs values of iron and…
KARACHI: Directorate General of Customs valuation has revised the customs values of Mosquito Coil & Aerosol Insecticide Spray through an addendum in the valuation ruling No.714 / 2015. According to…
KARACHI: The Federal Board of Revenue has notified large-scale transfers and postings of Grade-17 to Grade-20 officers of Inland Revenue Service (IRS). NAME FROM TO Mr. Masood Akhtar Shaheedi (Inland…
KARACHI: Large quantity of foreign liquor was seized in a recent raid by a team of the Pakistan Maritime Security Agency (PMSA). “The PMSA is ensuring strict surveillance of sea…
KARACHI: The Federal Board of Revenue (FBR) has sought the withholding tax performance details of income tax and sales tax from Large Tax Payers Units (LTUs) and Regional Tax Offices…
KARACHI: The Sindh High Court (SHC) has ordered MCC Port Mohammad Bin Qasim to release 16 units used transit mixer trucks imported by M/s Eastern Construction Company, which were detained…
KARACHI: The Model Customs Collectorate, Port Muhammad Qasim has notified inter-collectorate transfer/posting of Deputy / Assistant Collectors. The officers moved would relinquish & assume their new offices accordingly. Shahid Ali,…
KARACHI: The Federal Board of Revenue (FBR) has notified transfers and postings of the Grade-18 and Grade-17 officers of Pakistan Customs Service (PCS). Accordingly, Muhammad Rizwan of Grade-18 has been…
KARACHI: The Port Mohammad Bin Qasim has redefined the procedure to deal with the import of counterfeited goods into the country. According to the 2nd draft of Import Manual prepared…
KARACHI: MCC Port Mohammad Bin Qasim has redefined the procedure for clearance of de-consolidated import cargo (LCL) at the clearance ports. According to the procedure proposed in the 2nd Draft…
KARACHI: The Federal Board of Revenue has notified large-scale transfers and postings of Grade-19 to Grade-21 officers of Pakistan Customs Service (PCS). Tariq Ahad Nawaz of Grade- 21 has been…
KARACHI: The MCC Port Mohammad Bin Qasim has forwarded the 2nd draft of Import Manual to Chief Collector Appraisement South for the finalization of the Manual while MCC Appraisement East…
KARACHI: MCC Port Qasim has prepared guidelines to process exemptions and concessions of customs duty, sales tax and income tax to avoid misuse of SROs and facilitate genuine importers. MCC…
KARACHI: The MCC Port Mohammad Bin Qasim, through the 2nd draft if Import Manual, has redefined the procedure of refunds to importers in order to streamline the system and facilitate…
KARACHI: The MCC Port Mohammad Bin Qasim has suggested that the recovery created through post-release verification (PRV) should be revocable at least from the level of Deputy/Assistant Collector because at…
KARACHI: Directorate General of Customs valuation has invited trade bodies to a meeting scheduled on February 17, 2015 to determine fair customs values of replacement Auto Parts non-genuine under respective…
KARACHI: The Federal Board of Revenue (FBR) is likely to notify large-scale reshuffling in the Pakistan Customs Service (PCS), which is anticipated to come as a big surprise. Sources said…
KARACHI: MCC Port Muhammad Bin Qasim has prepared the contravention report against a M/s Sehar Soap & Chemicals for importing used edible cooking oil and inedible oil in the garb…