Customs values of UPS revised
KARACHI: Dr. Wasif Memon Director Customs Valuation Karachi has revised the customs values of uninterrupted power supply (UPS) vide Valuation Ruling No. 831/2016. Customs values of UPS were determined vide…
Transfers & Postings in IRS
KARACHI: Federal Board of Revenue (FBR) has transferred two BS-18 officers of Inland Revenue Service (IRS). Said Iqbal (Inland Revenue Service/BS-18) is posted as Secretary, (OPS) (IR-Policy Wing) Federal Board…
Customs Appraisement South prepares proposals for Federal Budget 2016-17
KARACHI: Customs Appraisement South, in their proposals for the Federal Budget 2016-17, has recommended imposition of regulatory duty (RD) in the range of 5.0 percent to 15 percent on various…
Customs adjudication penalizes M/s GMSA Industries
KARACHI: Collector of Customs Adjudication Chaudry Mohammad Javaid has penalized silicone bottle importer and the clearing agent for evading government’s legitimate revenue by mis-declaring the value of imported goods. Collector…
SHC allows return of bank guarantee
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmed Khan on Wednesday allowed a petition seeking release of the…
Delay Detention Certificate vires case adjourned
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmad Khan on Wednesday adjourned hearing of a 31 constitution petitions…