I&I-IR arrests prime accused of multi-billion rupees scam
KARACHI: The Intelligence & Investigation of Inland Revenue has Monday arrested one Abdul Ghani Khanani who was wanted in an FIR lodged against M/s Asian Textiles. The I&I-IR team led…
Wheat import sans regulatory duty payment; suspended staff demands independent fact finding committee
KARACHI: The Federal Board of Revenue (FBR) has extended the suspension of MCC Port Qasim appraising staff, suspended in connection with the assessment and clearance of consignment of ‘wheat’ without…
PAC to examine non-realization, blockade of revenue at Customs stage on March 18th
KARACHI: The Public Account Committee (PAC) scheduled to be held on March 18, 2015 would examine the expenditures, administration, delegated legislation, public petitions and policies of the Ministry concerned and…
Importer directed to pay short-paid amount of advance income tax
KARACHI: The Customs Appellate Tribunal Karachi has ordered M/s Suraj Fertilizer Industries Limited to pay the additional demand created by MCC Appraisement, as the importer had this amount taking undue…