Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The efforts of the Directorate General of Transit Trade have yielded results as the authorities have found solid evidence of pilferage of goods off the US Army reverse cargo…
KARACHI: MCC Port Qasim has served a Show Cause Notice on M/s Xing Enterprises, a toys importer based in Punjab, for attempting to evade duty and taxes through mis-declaration on…
KARACHI: The High Court has stayed the recommendation list prepared by the Central Selection Board (CSB) regarding promotion of Grade-20 Pakistan Customs Service (PCS) officers, as two Grade-20 officers including…
KARACHI: The Directorate of Afghan Transit Trade (ATT) has put ‘hold’ on 22 containers of NATO/ISAF reverse cargo, which will be physically examined on Wednesday, May 20, 2015 to ascertain…
KARACHI: The State Bank of Pakistan (SBP) will announce the monetary policy statement for the months of May-June on Saturday May 23, 2015. Presently, the key interest rates stand at…
KARACHI: The Directorate General of Customs Valuation has determined the values of Aluminum Beverage Cans vide Valuation Ruling No. 730/2015. In the process of issuance of Valuation Ruling, it was…
KARACHI: The Directorate General of Customs Valuation has determined the values of Cable Wire Lock vide Valuation Ruling No. 731/2015. Customs values of Cable Wire Lock were determined in 2014…
KARACHI: The Director General Customs Valuation Sameera Nazir Khan has rejected the review applications filed by several importers, who had challenged customs values of polyester yarn determined vide Valuation Ruling…
KARACHI: The Director General Customs Valuation Sameera Nazir Khan has rejected the review application filed by M/s Computer Marketing Co which had challenged customs values of uninterrupted power supply (UPS)…
KARACHI: The Customs Adjudication has imposed a penalty of Rs100,000 on M/s Quick Contractors & Traders and ordered confiscation of old/used truck, imported by the said company in violation of…
KARACHI: The Intelligence & Investigation-Inland Revenue (I&I-IR) has raided another exhibition organized by a real estate company of Dubai, NSHAMA at PC Hotel Karachi. NSHAMA is a leading builder of…
KARACHI: The Directorate General of Customs Valuation has determined the values of Tractor Parts vide Valuation Ruling No. 728/2015. Customs values of Tractor Parts were determined in 2011. Honorable Lahore…
KARACHI: The Directorate General of Customs Valuation has determined the values of porcelain insulator/bushing for power transformer vide Valuation Ruling No. 729/2015. Customs values of disc porcelain insulators and pin…
KARACHI: The Directorate of Post Clearance Audit (Customs) has advised the M/s New Allied Electronics to submit Rs39.456 million in the national exchequer as it was short paid by the…
KARACHI: The Directorate of Post Clearance Audit (Customs) has advised the M/s Pakistan State Oil (PSO) to submit Rs36.285 million in the national exchequer as it was short paid by…
KARACHI: A team of MCC Preventive led by Assistant Collector Raza Naqvi has busted a ring involved in pilfering of transshipment (TP) consignments and arrested two persons. According to details…
Karachi: The Directorate General of Investigation and Intelligence intends auction General Goods and Vehicles on Tuesday 26-05-2015 at Federal Board of Revenue Regional Office, Faisalabad. According to the details, the…
KARACHI: The Central Selection Board (CSB) convened again on May 11, 2015 has recommended promotion of two more Pakistan Customs Service (PCS) officers into Grade-20. Now 20 PCS officers have…
Karachi: The Model Customs Collectorate Appraisement intends to auction Fresh & Leftover Lots of General Cargo Goods and Vehicles on Tomorrow 14-05-2015 till 16-05-2015 and commencing from 28–05-2015 to 30-05-2015…
KARACHI: The Federal Board of Revenue (FBR) has issued the seniority list of 221 Grade-16 officers of Inland Revenue (IR). The list has been dispatched to the concerned Quarters. The…