Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Collector Appraisement East Majid Yousfani has dispatch Deputy Collector Ali Waheed to Islamabad as he, before Supreme Court of Pakistan, would counter the petitions of importers for availing stay…
KARACHI: The Federal Board of Revenue (FBR) has notified transfers of 47 BS-19 officers of Pakistan Customs Service (PCS). The officers transferred include Iftikhar Ahmad moved from Additional Collector Appraisement…
KARACHI: The Federal Board of Revenue (FBR) has forwarded the directives of Finance Division to enforce certain austerity and economic measures during the financial year 2015-16. Accordingly, there will be…
KARACHI: The Federal Board of Revenue (FBR) has discontinued ‘performance allowance’ of hundreds of Customs and Inland Revenue officers of BS-16 as these officials had not submitted the Declaration of…
KARACHI: The Directorate of Post Clearance Audit (PCA) has prepared a contravention report against M/s Lyallpur Chemicals and Fertilizers Limited for evading leviable taxes through claiming inadmissible benefit of concessionary…
KARACHI: The Directorate General of Customs Valuation has fixed the Customs values of ceramic & porcelain tiles vide Valuation ruling No.758/2015. This is a very important ruling and Additional Director…
KARACHI: The Federal Board of Revenue (FBR) has notified large-scale transfers/postings Grade-18 and Grade-19 officers of Inland Revenue Service. Accordingly, Mir Alam Khan (Inland Revenue ServiceIBS-19) Additional Commissioner, from Regional…
KARACHI: The MCC Preventive has arrested a person for attempting to smuggle gold slabs into the country and seized the commodity worth Rs2.64 million. An FIR to this effect has…
KARACHI: A division bench of High Court of Sindh issued notice to the FBR, Collector Customs, West and Director General, Directorate of Valuation for Sept 11 , in an application…
KARACHI: The MCC Peshawar has booked sugar miller, customs agent and PRAL staff in the export subsidy fraud as the gang evaded duty/taxes and attempted to fraudulently avail huge amount…
KARACHI: Collector MCC Appraisement West Dr. Jawwad Uwais Agha as notified re-distribution of work amongst officers. Accordingly, Ms. Zeba Bashir Ahmad Additional Collector-I has been assigned Policy & Coordination, Service…
KARACHI:The staff of Anti Smuggling Organization (ASO) of Model Customs Collectorate (MCC) Hyderabad foiled a bid to smuggle 25,000 litres High Speed Diesel (HSD) from Quetta to interior Sindh. The…
KARACHI: The Federal Tax Ombudsman Secretariat has empowered the Advisors posted at Ombudsman’s regional offices across the country to investigate the complaints pertaining to income tax, Customs, sales tax, federal…
KARACHI: The Directorate of Post Clearance Audit (PCA) has made 29 contravention reports and audit observed in the month of August 2015 involving revenue of Rs153.028 million. This revenue leakage…
KARACHI: The Directorate of Post Clearance Audit – Customs has detected evasion of duty and taxes to the tune of Rs7.733 million by M/s Karachi International Container Terminal (KICT) through…
KARACHI: The Directorate General of Intelligence & Investigation – Customs has lodged an FIR against an importer, clearing agent and customs examiner for attempting to evade duty/taxes to the tune…
KARACHI: The Customs Appellate Tribunal allowed identical appeals filed by M/s Axis International and M/s MAK Enterprises clearing agent against the imposition of re-demption fine and penalty on alleged charge…
KARACHI: The Federal Board of Revenue (FBR) is likely to notify transfers and postings of Pakistan Customs Service (PCS) officers of Grade-17 to Grade-19 next week, sources told Customnews.pk on…
KARACHI: Data from an official report of Customs Appraisement South suggests that Pakistan’s import of leading items, which contributed significantly towards the Customs revenue declined drastically in the first two…
KARACHI: The Directorate of Reforms and Automation – Customs has inserted an additional text box in WeBOC software, which enables importers and customs agents to enter invoice value of the…