Anti-smuggling drive continues in Punjab
KARACHI: The anti-smuggling drive launched by Federal Board of Revenue (FBR) has gained momentum across Punjab, and Customs staff has made several seizures of large quantity of smuggled goods. Collector…
FBR Awareness Seminar held at Customs House Karachi
KARACHI: FBR under the guidance of advisor to the Prime Minister Haroon Akhtar Khan and the leadership of Chairman FBR Nisar Mohammad Khan has set a vision “Generate awareness amongst…
PCA serves audit observation on M/s Master Beverages & Foods Limited
KARACHI: PCA serves audit Directorate Karachi has served an Audit Observation on M/s Master Beverages & Foods Limited Gujranwala regarding short payment or evasion of duty and taxes amounting to…
Customs values of garlic determined
KARACHI: The Director of Customs Valuation Dr. Wasif Memon has revised the customs values of garlic vide Valuation Ruling No.824/2016. The Customs Values of Ginger and Garlic were determined Valuation…
Improvements in some of the macroeconomic indicators observed, says central bank
KARACHI: State Bank of Pakistan (SBP) has released its Second Quarterly Report for FY16 on the state of Pakistan’s Economy. According to the Report, improvements in some of the macroeconomic…
DG Audit, Customs & Petroleum grills MCC Preventive Karachi
KARACHI: The DG Audit, Customs & Petroleum has made an observation that due to non observance of law and unlawful clearance on the part of MCC Preventive Karachi, government suffered…
SHC admits application by Appraising Officer in case against AMI Pakistan
KARACHI: An application filed by Appraising Officer (Research and Development), Customs Appraisement, Model Customs Collectorate, MCC West under section 151 C.P.C against petitioner AMI Pakistan Limited was admitted for hearing…
Allow appraisement to do its work or throw it out, observes SHC
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmad Khan on Wednesday reserved judgment in a constitutional petition filed…
Customs seeks shipping lines assistance to scrutinize fabric import data
KARACHI: MCC Appraisement West has started scrutinizing the import data of all fabric shipment to identify which of these consignments were cleared on mis-declared port of shipping. There have been…
SHC summons Collector Customs (Preventive) in a case of alleged excess by ASO
KARACHI: A divisional bench of High Court of Sindh comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmad Khan on Tuesday ordered attendance of Collector Customs, Preventive by 2…
FBR to observe extended working hours
KARACHI: The Federal Board of Revenue (FBR) has notified that all field offices of Customs and Inland Revenue will remain open and observe extended working hours i.e. 09:00 am to…
SHC dismiss suit by Umer Impex against customs
KARACHI: Justice Junaid Ghaffar of High Court of Sindh on Monday dismissed a suit filed by Umer Impex against a show cause notice issued by the Directorate General of Valuation.…
Super tax collection hangs in balance
KARACHI: A sizeable amount of government revenue is stuck up as the Sindh High Court has stayed recovery of Super Tax because of a petition filed by a leading brokerage…
SHC rejects bail plea of Sharjeel Jamal , adjourn connected matters till April 11
KARACHI: Justice Salahuddin Panwar of High Court of Sindh (SHC) on Monday dismissed a bail plea (Cr Bail 50/2016) filed by a Customs clearing agent Sharjeel Jamal. Pooja Kalpana advocate…
Importers booked for fraudulently claiming inadmissible exemptions
KARACHI: The Directorate General of Customs Intelligence & Investigation has lodged two FIRs against certain importers and Customs officials, which in connivance with each other deprived national exchequer of its…
All authorities on same page against smuggling
KARACHI: It is heartening to observe that all the authorities have developed a consensus that smuggling is the biggest problem of the country as on one hand its hurts economy…
Customs arrest heroin smuggler couple
KARACHI: Pakistan Customs made an instant seizure of narcotics at International Departure, JIAP, Karachi. This seizure is a part of a prior seizure wherein a drug carrier was arrested and…
FBR directs officers/officials to have no contact with Taiwan authority
KARACHI: The Federal Board of Revenue (FBR) has advised all the formations of Customs and Inland Revenue to make no direct contact with Taiwan authorities/agencies as Pakistan pursues ‘One China’…
Appraisement West seeks Court’s permission to involve M/s AMI directors into investigation
KARACHI: MCC Appraisement West has approached Sindh High Court seeking permission to proceed against the directors of M/s AMI Pakistan, as the Court in an earlier ruling had linked criminal/legal…
Inland Revenue Intelligence assigned jurisdiction over cases of LTU-II Karachi
KARACHI: The Federal Board of Revenue (FBR) has empowered Direcotrate of Intelligence and Investigation of Inland Revenue Karachi to investigate around 500 cases falling within the jurisdiction of Large Taxpayers…