Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Federal Public Service Commission (FPSC) has announced 227 vacancies in BS-16 in Pakistan Customs for the posts of appraising/valuation officers. Following seats are available in the country, which…
KARACHI: The Federal Board of Revenue (FBR) has made it mandatory that after filing of Goods Declaration (GD), 20 percent consignment of transit goods will be weighed and scanned at…
KARACHI: The Federal Board of Revenue (FBR) has granted unlimited power to the Directorate General of Intellectual Property Rights Enforcement – FBR, which includes making arrests as well as prohibiting…
KARACHI: The Federal Board of Revenue (FBR) has granted special powers to the Directorate General of Transit Trade, which includes the authority to demand documents and provide information as well…
KARACHI: The Directorate General of Customs Valuation has fixed the customs values of Coke vide Valuation Ruling no. 753/2015. The Customs values of Coke (H.S Code 2704.0010) were determined under…
KARACHI: The Federal government through amendments in SRO 1125(I)/2011 has notified revised rate of sales tax on import and supply of goods usable as industrial inputs as well as finished…
KARACHI: The Federal government has restored federal excise duty (FED) on air-travel, motor vehicle and viscose staple fiber import, banking services and advertisement in print publications. The government had accorded…
KARACHI: The Federal government has withdrawn the increase in federal excise duty on cigarettes, which was earlier notified vide SRO 481 (I)/2015. According to SRO 495(I)/2015 issued on July 01,…
KARACHI: The Federal Board of Revenue (FBR) has barred the withholding agents from adjusting input tax on purchases and advised the agents to deposit the sales tax withheld in the…
KARACHI: In order to plug loss of precious foreign exchange because of non-realization of export proceeds and use of fake Form-E, the Pakistan Customs and State Bank of Pakistan are…
KARACHI: The Collector Appraisement West Mohammad Saleem on the recommendation of Directorate General of Intelligence & Investigation has suspended the license of M/s SDS Bonded Carrier and issued a show…
KARACHI: The Customs duty collection by Pakistan Customs surged by 22.5 percent to Rs247.323 billion during the fiscal year ended June 30, 2015 as compared with the collection of Rs201.775…
KARACHI: MCC Appraisement West has detected a case wherein transit mixer trucks with tempered chassis numbers were being imported. According to details of the case, Collector Appraisement West Mohammad Saleem…
KARACHI: The Customs Enforcement South comprising collectorates of Preventive, Hyderabad, Exports, Exports, Exports (PQ), Quetta and Gwadar, has missed almost all the revenue collection targets for the fiscal year ended…
KARACHI: The Federal Board of Revenue (FBR) has exempted registered manufacturers making supply of taxable goods from the condition of submitting before FBR, the details of goods produced and goods…
KARACHI: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has approached the federal minister of finance praying that an amendment in Section 156(I) of the Customs Act, 1969…
KARACHI: The Customs Appraisement South comprising MCC Appraisement East, MCC Appraisement West and MCC Port Qasim has surpassed all revenue collection targets for the month of June 2015. Overall collection…
KARACHI: The Directorate General of Transit Trade has prepared Contravention Reports registering focal person nominated by US Office of the Defense, Representative Pakistan and others as accused in the case…