Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI:-A division bench of High Court of Sindh (SHC) comprising Justice Sajjad Ali Shah and Justice Junaid Ghaffar on Thursday allowing an application for urgent hearing against suspension of license…
KARACHI: The Director Valuation, Pakistan Customs was directed by a division bench of High Court of Sindh (SHC) to decide the issue of Valuation Ruling about Servo Motors within 15…
KARACHI: As the Federal Board of Revenue (FBR) has made it mandatory that prior to transfers and postings of FBR officers of Grade-18 and above, a sort of conduct clearance…
KARACHI : A division bench of Sindh High Court on Wednesday directed the Director General, Customs, Evaluation to decide an appeal by an importer regarding new valuation ruling for pana…
KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has served an Audit Observation on M/s Telenor Pakistan Pvt Ltd underlining recovery detected worth Rs3.561 million, which was evaded through…
KARACHI. Directorate of Intelligence & Investigation-FBR, Anti-Smuggling (Customs), Karachi has seized more than 436 tons of Plastic Granules of different origins worth Rs55 million. According to detail, the goods were…
KARACHI: The Federal Board of Revenue (FBR) and State Bank of Pakistan (SBP) have prepared the module for digitalizing Form-E and BCA’s; an agreement to this effect would be signed…
KARACHI: A dsivision bench of High Court of Sindh (SHC) comprising Justice Muneeb Akhtar and Justice Mrs Ashraf Jahan on Tuesday allowed Port Qasim Authority to deposit the deferential amount…
KARACHI: MCC Port Qasim has lodged an FIR against the importer M/s Anum Traders for attempting to evade duty and taxes to the tune of Rs3.758 million and clearing restricted…
KARACHI: The Federal Board of Revenue (FBR) has initiated a severe crackdown against the import of used trucks in the garb of prime movers, sprinkle lorries etc. Import of used…
KARACHI: The staff of anti smuggling organisation (ASO) headed by Assistant Collector Syed Muhammad Raza Naqvi raided a petrol pump near Gulbai, SITE Karachi involved in the sale of illegal…
KARACHI: Justice Aqeel Ahmed Abbasi of High Court of Sindh, Monday, adjourned the hearing of a bail application filed by an accused in Sales Tax Fraud case till October 19.…
KARACHI: The Federal Board of Revenue (FBR) has initiated proceedings against corrupt officials and officers and several pending inquiries have been reopened. Collector Appraisement West Agha Jawad has summoned 11…
KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has made 56 contravention reports and audit observations in the month of September 2015 involving revenue of Rs505.71 million. This revenue…
KARACHI: The Customs duty collection by Pakistan Customs surged by 0.5 percent to Rs61.413 billion in the quarter (Jul-sep 2015) as compared with the collection of Rs61.051 billion in same…
KARACHI: The government has raised rate of sales tax on furnace oil in a bid to increase its revenue collection, which had a hit due to declining global oil prices…
KARACHI: The commercial sale of Liquefied Natural Gas was expected to be delayed as a result of litigation between the importer Engro Elengy Terminal Limited (EETL) and Pakistan Customs over…
KARACHI: None of the Appraisers are interested in the promotion to the post of Principal Appraiser (PA) as not a single ACR was submitted in response to the FBR’s letter,…
KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has served an audit observation on M/s Sui Northern Gas Pipelines Limited (SNGPL) advising the gas utility company to deposit Rs388.786…
KARACHI: The Licensing Committee (Tracking Projects) has formed three sub-committees for assistance in finalization of recommendation regarding new licenses. Technical Proposal Scrutiny Committee comprises of Additional Collector Zeba Bashir, Deputy…