Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Federal Board of Revenue (FBR) has notified large-scale reshuffling in Pakistan Customs Service (PCS) of officers ranging BS-17 to BS-19. Sources said that 70 officers have been transferred…
KARACHI: The arrested 8 accused persons involved in the export of gold jewelry on fake Form-E and depriving Government of foreign exchange remittance amounting to $214.9 million have been given…
KARACHI: The processing of import consignments containing toiletries of low-end brands has stopped as the contradictory corrigendum issued to the Valuation Ruling No.596/2013 has created confusion among the importers as…
KARACHI:- Additional Collector, Customs, Hyderabad was ordered to release 68 vehicles by Oct 19 completing all formalities. The bench comprising Justice Muneeb Akhtar and Justice Aftab Ahmed Gorar earlier heard…
KARACHI: Drug Regulatory Authority of Pakistan (DRAP) has exempted the Alternate Medicines and health products till December 2015 from provisions of section 7 read with sub clause VII of clause…
KARRACHI: Deciding about twenty constitution petitions filed by different importers of Toilet items, a division bench of High Court of Sindh (SHC) comprising Justice Sajjad Ali Shah and Justice Junaid…
KARACHI: The Senate Committee on Finance, Revenue, Economic Affairs, Statistics and Privatization will meet on Oct 20 with a very important agenda including threadbare discussion on the Anti-Money Laundering (Amendment…
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Sajjad Ali Shah and Justice Junaid Ghaffar on Monday adjourned hearing of a plea by New Horizon Computers…
KARACHI: – The Directorate General of Customs Valuation has issued a new Valuation Ruling (VR 766/2015) here Monday in respect of Latex/Vinyl Examination and Surgical gloves taking notice of the…
KARACHI: The Customs authorities are overlooking several limitations and rules in pursuing the inquiry re-opened against 11 Appraising Officers appointed in 1998. These 11 officers are facing disciplinary proceedings in…
KARACHI: The Ministry of Commerce has advised the Federal Board of Revenue (FBR) to release the held up plastic scrap consignments. The Ministry had received several requests for release of…
KARACHI: The Customs Appraisement South is rigorously pursuing its agenda against revenue leakage as well facilitation of trade. MCC Appraisement West has implemented strict scrutiny of the rules and records…
KARACHI:- Karachi Tax Bar Association (KTBA) has raised a number of issues relating to difficulties faced by tax payers in filing Monthly Statement with chairman FBR seeking resolution of the…
KARACHI: The investigations into the fraudulent imports of pharmaceutical raw material have found that scores of pharmaceutical companies operating in Pakistan are procuring such unregulated chemicals from undocumented sources. Collector…
KARACHI: Allowing an application for urgent hearing seeking implementation of order passed by Customs Appellate Tribunal, Karachi, a division bench of High Court of Sindh (SHC) comprising Justice Muneeb Akhtar…
KARACHI: Director Customs Valuation Manzoor Memon has taken a positive step as the customs values of curtain and sofa cloth are being brought at par with the velvet. Officials said…
KARACHI: The Customs Classification Committee has notified that the appropriate classification of telecommunication antenna is under heading 8517.6290 attracting customs duty of 15 percent. The issue regarding classification of telecommunication…
KARACHI: Customs Classification Committee has declared that the appropriate classification of Granular Straight Sulphur Fertilizer will be under heading 38.24 (sub heading) 3824.9099 in terms of GIR-1. The issue regarding…
KARACHI: MCC Exports Port Qasim have arrested 8 accused persons involved in the export of gold jewelry on fake Form-E and depriving Government of foreign exchange remittance amounting to $214.9…
KARACHI: The Directorate General of Customs Valuation has fixed the values of Cotton Fabrics vide Valuation Ruling No. 764/2015. A valuation Ruling regarding cotton fabric was issued vide Valuation Ruling…