Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Directorate General of Intelligence & Investigation – FBR has expended the ambit of investigations in the ISAF reverse cargo pilferage case, and has initiated re-scanning of all ISAF…
KARACHI: Chief Minister Sindh, Syed Qaim Ali Shah has asked the Karachi Chamber of Commerce and Industry (KCCI) to join hands with Sindh government in effectively dealing with various issues,…
ISLAMABAD: The participants of the 21st meeting of Competition Consultative Group (CCG) held Thursday at the CCP head office, were briefed on the CCP’s performance and were informed that a…
KARACHI: National Clearing Company of Pakistan Limited (NCCPL), which provides clearing and settlement services to all three stock exchanges in Pakistan, announced the formal full launch of its latest service…
KARACHI: The smuggling of tyres from Bandar Abbas is causing huge loss to the national exchequer, besides the local tyre manufacturing industry and legitimate importers are at a serious disadvantage…
KARACHI: Directorate General of Valuations has invited various stakeholders including importers, local manufacturers, and representatives of Chamber of Commerce, FPCCI and Customs Appraisement East, West and Port Qasim for discussing…
KARACHI: Federal Board of Revenue has terminated one Appraiser Mir Alam Khan (BPS-16), Model Customs Collectorate of Appraisement (East) on account of ‘Inefficiency’ and ‘Misconduct’. According to details, FBR had…
KARACHI: The MCC Appraisement West has developed a recovery of Rs4.771 million against Pakistan Telecommunication Company (PTCL), which was short-realized because of the inaccurate classification of imported goods. Based upon…
KARACHI: Pakistan has succeeded in stabilizing its economy, but steady implementation of reforms will be vital if the country hopes to find a place among the world’s fast-growing emerging markets,…
KARACHI: the Federal Board of Revenue (FBR) has removed Ghulam Shabbir Memon (BS-19/IRS) from the post of Commissioner-IR (OPS) (Inland Revenue Appeals), Hyderabad and posted him as OSD at RTO,…
KARACHI: The Directorate General of Intelligence & Investigation-FBR has lodged an FIR nominating M/s Saryal Cargo Channel & Customs Clearing Agency, Mohammad Asad Khan of M/s Port Connection for unauthorized…
KARACHI: MCC Exports Air Freight Unit has lodged another FIR against a jewelry exporter for furnishing fake and fabricated Form-E and depriving the economy of valuable foreign exchange worth $17.3…
KARACHI: The Court of Special Judge (Customs & Taxation) has issued non-bail-able warrant of one Yingquan Pang, a Chinese national, and directed to put his name in the exit control…
KARACHI: The Intelligence & Investigation Customs has sought approval of Federal Board of Revenue and Ministry of Finance so that focal person of US Consulate in Karachi could be nominated…
KARACHI: The Supreme Court of Pakistan (SCP) has struck down the ruling of Sindh High court regarding release of imported used and old trucks. It may be recalled that MCC…
KARACHI: Involvement and patronage of corrupt practices by the FBR officers is not a new phenomenon; the Federal Board of Revenue (FBR) has recently dismissed several officers and officials from…
KARACH: Directorate General of Intelligence & Investigation (I&I) Customs has expanded the domain of investigations in the case regarding pilferage of hazardous waste out of ISAF/NATO forces reverse cargo as…
KARACHI: The Intelligence & Investigation (I&I) Inland Revenue has lodged an FIR booking three persons for their involvement in receiving sales tax refund on fake and flying sales tax invoices.…
KARACHI: The Directorate of Intelligence & Investigation (I&I) Customs has seized eight containers of ISAF reverse cargo destined to Germany via Port Qasim, as these were filled with wooden pallets…
KARACHI: Data from an official report suggests that Pakistan’s import of leading items, which contributed significantly towards the Customs revenue declined drastically in the first nine months of the current…