Pharama importers’ names placed in Exit Control List
KARACHI: Three major importers of pharmaceutical material have been barred from leaving the country, as their names are included in Exit Control List on the request of Customs authorities. Ali…
ASO of MCC Preventive cracks down pumps selling smuggled fuel
KARACHI: The MCC Preventive Karachi has launched an opaeration against fuel stations selling smuggled goods and confiscated smuggled fuel worth millions of rupees. On the directives of Collector Preventive S.M…
Full attendance ordered: FBR restricts leave prior to or after Eid holidays
KARACHI: The Federal Board of Revenue (FBR) has instructed all heads of field formations both Inland Revenue and Customs to ensure full attendance prior to or after the Eid-ul-Azha holidays…
M/s KICT penalized for availing inadmissible concessions through mis-declaration
KARACHI: Collector Adjudication Fareed Iqbal Qureshi has imposed penalty of Rs1.0 million each in two different orders on M/s Karachi International Container Terminal (KICT) for availing inadmissible benefit of concessionary…
Customs recover over Rs1.0 billion worth of regulatory duty
KARACHI: Revenue of over a billion rupees is realized, as the Supreme Court of Pakistan has dismissed the ‘leave to appeal’ application of 121 importers seeking stay against the encashment…
Hearing of wheat warehousing surcharge case on Oct 21
KARACHI: The hearing of a Special Customs appeal against order of Customs Appellate Tribunal Karachi in a case of warehousing surcharge is fixed for October 21, 2015 by a division…
AFU recovers Rs20.902 million from M/s Pfizer Pakistan
KARACHI: The Air Freight Unit (AFU) of MCC Preventive has recovered Rs20.902 million, which was evaded claiming inadmissible benefit of concessionary SRO. The case was detected by Appraising Officer Junaid…
Customs fixes import values of second hand and used goods
KARACHI: The Directorate General of Customs Valuation has fixed the import values of second hand clothing, shoes, leather goods, used toys and kitchenware vide Valuation Ruling No. 762/2015. FBR had…
Member Customs rules guidelines for sales tax assessment of cell phones
KARACHI: Member Customs Nisar Mohammad Khan has advised all the formations to assess the mobile phones according to the category in which majority of the features fall. There are three…
Customs Court acquits ceramic tiles importers
KARACHI: The Customs and Taxation Court has acquitted Waqas Shahzada of M/s Creative Traders and Zohaib Ali of M/s Hussain International from the charge that they deposited a bogus post-dated…
Tax fraud case: Bail plea hearing fixed for Sept 21
KARACHI: The hearing of a Special Criminal Bail Application filed by a facilitator in a tax fraud case is fixed for September 21, 2015 at High Court of Sindh. According…
M/s Notus advised to pay short-paid duty/taxes
KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has served an Audit Observation on M/s Notus advising the company to deposit Rs12.126 million in the national exchequer as this…
Review petition against determined values of floral foam bricks dismissed
KARACHI: The Directorate General of Customs Valuation has rejected the revision petition filed against the Customs values of ‘floral foam bricks’ determined vide Valuation Ruling No. 745/2015. According to details,…
Review petition against determined values of infusion giving set dismissed
KARACHI: The Directorate General of Customs Valuation has rejected the revision petition filed against the Customs values of ‘Infusion Giving Set’ determined vide Valuation Ruling No. 741/2015. According to details,…
KCAA elects office bearers for 2015-16
KARACHI: All the candidates of Alliance Panel have been elected unopposed for all the offices of Karachi Customs Agents Association (KCAA) for the term 2015-16. Overall, 55 Nomination Forms were…
Discontinuation of performance allowance; FBR issues outdated list
KARACHI: Around 200 Customs officers of BS-16 have approached Federal Board of Revenue (FBR) that they had been duly filing the Declaration of Assets and yet their names were included…
Customs Officers Association condemn arrest of officers by NAB
KARACHI: A meeting of Pakistan Customs Officers Association (PCOA) held in Islamabad has protested the arrest of senior Customs officers by NAB in a 13-year old case. President of the…
Customs Intelligence, Rangers seize smuggled goods worth Rs10 million
KARACHI: The Anti-Smuggling Organization of Directorate General of Intelligence & Investigation-FBR and Pakistan Rangers in a joint operation seized three oil tankers carrying 45000 liters diesel and petrol worth Rs8.0…
Customs values of IV Cannula, IV Catheter revised
KARACHI: The Directorate General of Customs Valuation has issued a Valuation Ruling No 760/ 2015 determining values of Intravenous Cannula (I.V.Cannula) and Intravenous Catheter (I.V. Catheter). The values were revised…
Most senior Customs officers meet Chairman FBR, protest arrest of CSPs by NAB
KARACHI: A delegation of Customs officers comprising four chief collectors and four director generals called on Chairman Federal Board of Revenue (FBR) Tariq Bajwa on Monday and discussed the issue…