Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: A division bench of High Court of Sindh (SHC) sought comments from Directorate General of Intelligence and Investigations by Thursday adjourning hearing of a petition challenging alleged illegal seizure…
KARACHI: The importers of different goods are taking undue advantage of regular orders passed by High Court of Sindh allowing benefit of Section 81 of Customs Act 1969, Ilyas Ahsan,…
KARACHI: Federal Finance Minister, Senator Ishaq Dar has said the entire mainstream Federal Board of Revenue (FBR) team had been replaced and well reputed officers were posted with a view…
KARACHI: Directorate of Post Clearance Audit (PCA) Karachi has served an Audit Observation on M/s International Fancy Light Lahore for payment of Rs2.713 million which was evaded through claiming inapplicable…
KARACHI: Directorate of Customs Intelligence Quetta has seized seven tankers carrying 200,000 liters of smuggled diesel and arrested 14 persons. Director Quetta Irfan-ur-Rehman has advised Customs Intelligence Anti-Smuggling Organization (ASO)…
KARACHI:- A division bench of High Court of Sindh (SHC) comprising Justice Sajjad Ali Shah and Justice Muhammad Junaid Ghaffar on Tuesday allowed Huffaz Seamless Pipe Industries Ltd to withdraw…
KARACHI: Nisar Muhammad Khan has assumed the office of Chairman Federal Board of Revenue (FBR) on November 17, 2015 while postings of Nasir Masroor as Member Customs FBR, Rehmatullah Wazir…
KARACHI:- A division bench of High Court of Sindh (SHC) on Tuesday disposed of two identical constitution petition filed by MF and Company and Imperial Furnishers who imported Textile Fabric…
KARACHI:-A full bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi, Justice Muhammad Junaid Ghaffar and Muhammad Iqbal Kalhoro adjourned hearing of a question arising out of…
KARACHI: Federal Finance Minister Ishaq Dar on Monday held a marathon meeting with Chairman Federal Board of Revenue (FBR) Tariq Bajwa and his team and lauded their efforts in achieving…
KARACHI:- Chairman Federal Board of Revenue (FBR) Tariq Bajwa would take over as Secretary Economic Affairs division while Member Customs Nisar Muhammad Khan would take over as Officiating Chairman, reliable…
KARACHI: Directorate of Reforms and Automation has prepared the module to facilitate implementation of provision in SRO 637(I)/2015 that 80 percent of transit cargo would be cleared through the green…
KARACHI: MCC Hyderabad has detected a case of evasion of more than Rs 650 million in duty/taxes as imported goods were illegally removed from private bonded warehouse of M/s. Huffaz…
KARACHI:- The Customs appellate tribunal, bench I, Karachi allowed an appeal filed by Island Textile Mills challenging an order of Collector of Customs (Appeals) which rejected plea of the importer…
KARACHI: Apropos to a news story uploaded on Customnews.pk dated November 13, 2015 titled ‘Customs recover Rs70 million from M/s Fazal Elahi & Sons’, it is clarified that due to…
KARACHI: The leniency on part of Secretary Sales Tax FBR has resulted in a loss of millions of rupees to the national exchequer as sales tax exemption continued to be…
KARACHI:- The Customs Appellate Tribunal, Bench I allowed four identical appeals ordering release of confiscated black tea consignment transshipped from Taftan to Quetta Dry Port. The vehicles carrying the imported…
KARACHI: The hearing of a number of identical petitions filed by soap manufacturers was adjourned until Dec 04 by a division bench of High Court of Sindh (SHC) comprising Justice…
KARACHI: MCC Appraisement West has recovered an amount of Rs63.113 million, which an importer evaded through suppressing actual value of imported consignments. According to details, Model Customs Collectorate of Appraisement…
KARACHI:- A division bench of High Court of Sindh (SHC) comprising Justice Sajjad Ali Shah and Justice Junaid Ghaffar on Thursday allowed five identical constitution petition out of which four…