Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Justice Muhammad Junaid Ghaffar of High Court of Sindh on Monday disposed of a suit filed by The Hawks, importer of steel bars, directing the Director, Custom Valuation to…
KARACHI: The Director Customs Valuation Manzoor Memon has revised the customs values of metallic yarn vide Valuation Ruling No.796/2016. The previous valuation of Acrylic Yarn was issued vide Valuation Ruling…
KARACHI: The Director Customs Valuation Manzoor Memon has revised the customs values of acrylic yarn vide Valuation Ruling No.795/2016. The previous valuation of Acrylic Yarn was issued vide Valuation Ruling…
KARACHI: The Federal Board of Revenue (FBR) has updated the Active Taxpayers List for the tax-year 2014 and names appearing on the list will be entitled to all benefits available…
KARACHI: There has been an interesting development in the case regarding recovery of huge quantity of acetic anhydride (chemical used for making heroin and plastic explosives) as the detecting official…
KARACHI: The investigations into the recovery and seizure of acetic anhydride (chemical used for making heroin and plastic explosives) are progressing fast and 226 drums of the chemical recovered by…
KARACHI: The Customs Appellate Tribunal, bench III comprising Ghulam Murtaza Bhatti, Chairman/Member Judicial (I) Islamabad and Muhammad Yahya, Member Technical (I) Karachi deciding an appeal filed by Milestone Textile Karachi…
KARACHI: The Customs Appellate Tribunal (Bench II) comprising Ghulam Murtaza Bhatti Chairman/Member (Judicial I) Islamabad and Muhammad Yahya Member (Technical-I) Karachi dismissed three identical appeals of importers involved in mis-declaring…
KARACHI: The Customs Appellate Tribunal (Bench I) comprising Muhammad Nadem Qureshi Member (Judicial I) Karachi and Muhammad Yahya Member (Technical-I) Karachi dismissed an appeal of Model Customs Collectorate of Appraisement…
KARACHI: MCC Appraisement West has lodged FIR and booked several accused for misdeclaring the port of shipment as China instead of actual, UAE to hoodwink the Customs authorities with the…
KARACHI: The Customs Appellate Tribunal (Bench I) comprising Muhammad Yahya (Member Technical) declared the impugned imported coils as Prime Quality and admitted the FTA benefits in an appeal filed by…
KARACHI:- A divisional bench of High Court of Sindh disposing off a constitutional petition filed by three importers of toiletries asked them to avail alternate remedy of moving the special…
KARACHI: Director Customs Valuation Manzoor Hussain Memon has revised the customs values of Chemicals vide Valuation Ruling No794/2016. The trade community was demanding revision in prices of chemicals, claiming to…
KARACHI: Director Customs Valuation Manzoor Hussain Memon has revised the customs values of Chemicals vide Valuation Ruling No793/2016. The trade community was demanding revision in prices of chemicals, claiming to…
KARACHI: Revenue Division vide SRO 31(I)/2016 has amended Income Tax Rules, 2002 authorizing FBR to form Special Audit Panels. The panel will conduct an audit, including a forensic audit, of…
KARACHI: The Customs Adjudication has penalized M/s Sajid Plastic Factory for attempting to clear imported consignment through misdeclaring of description and classification of goods to obviate conditions of Import Policy…
KARACHI: The Establishment Division has revised the criteria for the nominations of officers for 21st Mid Carrier Management Course (MCMC). It has been decided that the nominations for the subject…
KARACHI: The authorities of Pakistan Customs (Adjudication) were restrained from taking coercive action against clearing agents who were show caused in Afghan Transit pilferage case of 2011. Faheem Shah Advocate…
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Anwar Hussain on Thursday disposed of two identical petitions filed by Fayyaz…
KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has served an Audit Observation on M/s Yousuf & Co, Karachi for claiming inadmissible benefit of concessionary regime. Audit of import…