MCC Exports proposes allowing DTRE facility to vendors
KARACHI: The MCC Exports has proposed that DTRE facility may be extended to the vending industry as well because an exporter can get his goods manufactured from any person anywhere…
MCC Islamabad continues operation against smuggling
KARACHI: The anti smuggling squad of MCC Islamabad has seized smuggled goods worth Rs2.2 million and arrested two persons. One Mazda truck was intercepted by Anti Smuggling Squad of Customs…
SHC issue notices in application for vacation of stay in Afghan Transit Cargo case
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Abdul Mali Gaddi on Friday issued notice for May 06 in a petition filed…
SHC issues notice to Coca Cola company in SCRA filed by Customs
KARACHI: An appellate bench of High Court of Sindh comprising Justice Munib Akhtar and Justice Abdul Malik Gaddi on Friday issued notices to Coca Cola Export Corporation (pvt) Limited in…
Customs blocks all consignments of polished granite slabs/tiles
KARACHI: Pakistan Customs has put hold on all consignments of polished granite slabs and polished granite tiles imported from India as these products are banned to be imported into the…
NAB committed to eradicate corruption
KARACHI: Lt. Col (R) Siraj ul Naeem, Director General NAB (Karachi) has said that NAB is committed to eradicate corruption by adopting Zero Tolerance Policy across under the leadership of…
Suit against show cause notice for cancellation of license adjourned
KARACHI: Justice Muhammad Shafi Siddiqui of High Court of Sindh on Thursday discharged hearing of a suit filed by U-Trade Logistics against Collector Customs, South and others. The plaintiff questions…
SHC allows release of Steels bars on payment of differential
KARACHI: Justice Muhammad Shafi Siddiqui of High Court of Sindh on Thursday ordered release of consignments of plaintiffs on payment of differential amount. The bench earlier heard counsel for plaintiffs…
SHC allows application by Customs for “First Charge”
KARACHI: Justice Salahuddin Panhwar on Thursday allowed an application filed by Chief Collector Customs Hyderabad in a suit no 32/2002 filed by Allied Bank of Pakistan Limited against Fateh Textile…
MCC Islamabad seizes smuggled goods
KARACH: In continuation of the on going Anti Smuggling Campaign, initiated on Special Directives of FBR, the Collectorate of Customs Islamabad’s anti smuggling Squad seized Toyota hiace van coming from…
ICAP suggests measures for tax base enhancement
KARACHI: The Institute of Chartered Accountants of Pakistan in its budget proposal has given a roadmap to broaden tax base, facilitate already registered taxpayers, abolish tax amnesty schemes and improve…
Textile company penalized for evading government revenue
KARACHI: Collector Customs Adjudication Chaudry Mohammad Javaid has imposed a penalty of Rs5.0 million on M/s Magna Textile Industries Pvt Ltd along with the payment of Rs25.57 million duty/taxes evaded…
Hearing of suit against PSQCA today
KARACHI: Justice Muhammad shafi Siddiqui of High Court of Sindh on Wednesday adjourned hearing of a suit filed by Engro Fertilizers to be heard today (Thursday). Pakistan Standard and Quality…
SHC adjourns hearing of SCRA’s filed by Soap Manufaturers Association
KARACHI: An Appellate bench of High Court of Sindh (SHC) comprising Justice Muneeb Akhtar and Justice Abdul Malik Gaddi on Wednesday adjourned hearing of two Special Customs Reference Applications (SCRA’s)…
FBR bans transfers and postings
KARACHI: The Federal Board of Revenue (FBR) has imposed a ban on all transfers and postings in all formations of Pakistan Customs and Inland Revenue (IRS). In view of last…
PCA serves Audit Observations on aerosol spray paint importers
KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has served Audit Observations on five importers who evaded government revenue through claiming inadmissible benefit of concessionary SROs on the import…
NAB arrests accused in illegal transfer of government land
KARACHI: NAB Karachi has arrested two accused namely Rafique Memon Ex- Mukhtiarkar, Thatta and Rasool Bux Soho, Office Superintendent, Deputy Commissioner Office, Thatta. Accused are allegedly involved in making forged…
MCC Exports seeks authority to conduct audit of units operating in EPZ
KARACHI: MCC Exports (Port Qasim) has proposed that it should be mandatory for the manufacturers/investors operating in the Export Processing Zone (EPZ) maintain and submit a monthly statement to the…
UNEP conducts awareness programme regarding Ozone and ODS
KARACHI: The UNEP is conducting the Customs/Enforcement officers training programme to create awareness about Ozone layer and Ozone Depleting Substances (ODS) and measures to protect the Ozone layer. Trends in…
Rs 440 million Sales Tax Evasion case: SHC order release of consignment
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmed Khan hearing a confiscation case of Cheese allowed release of…