Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has recovered Rs7.2 million, which was evaded or short paid by various importers through mis-declaration of classification and claiming inadmissible benefit…
KARACHI: The Anti Smuggling Organization (ASO) of Model Custom Collectorate Preventive, Lahore seized smuggled and non-duty paid vehicles and goods worth Rs67.9 million during the month of March 2016. Collector…
KARACHI: The MCC Islamabad is making significant progress against smuggling and the movement of smuggled goods has been reduced to a large extent. In consonance with the special directives of…
KARACHI: The MCC Appraisement East has submitted interim ‘challan’ before the Special Customs Court in respect of 13 FIRs lodged against M/s AMI Pakistan and several other importers in the…
KARACHI: The FIA Anti-corruption circle Karachi has lodged an FIR accusing Ahmed Mujtaba Memon Collector MCC Hyderabad of corruption and various other violations of rules and laws. According to the…
KARACHI: Continuing its drive against big fishes, the Federal Board of Revenue (FBR)’s wing, Directorate of Intelligence & Investigation-Inland Revenue (I&I-IR) Karachi has raided the big name of construction industry…
KARACHI: The Federal Board of Revenue (FBR)’s wing, Directorate of Intelligence & Investigation-Inland Revenue (I&I-IR) Karachi has raided Chase Up shopping city for evading taxes and under-declaring their revenues, profit…
KARACHI: In a surprising move, the Federal board of Revenue (FBR) has notified transfers and postings of BS-20 and BS-19 officers of Pakistan Customs Service (PCS). Sources said that usually…
KARACHI: MCC Quetta has raided three godowns in Kuchlak and recovered smuggled goods worth over Rs80 million. The goods recovered include black tea, tyres of different sizes, agricultural medicines, generators,…
KARACHI: Sharjeel Jamal s/o Jamaluddin has approached Customs Court praying his acquittal as there was no possibility of his conviction in the case of importing fabric by mis-declaring the vital…
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Justice Irfan Saadat Khan and Justice Zafar Ahmed Rajput on Friday partly heard a constitution petition 743/1998 and fixed…
KARACHI: Justice Muhammad Junaid Ghaffar of High Court of Sindh (SHC) on Friday heard a number of suits filed by Artistic Fabrics Limited and others seeking 5 per cent concession…
KARACHI: Customs Islamabad with full assistance of Motorway Police seized a bus carrying smuggled goods and arrested three persons. The FBR is pursuing a rigorous anti-smuggling campaign across the country.…
KARACHI: Directorate of Post Clearance Audit Karachi has detected duty/tax evasion and short payment of Rs340.934 in the month of March 2016 by various companies and traders. The Directorate LED…
KARACHI: The Federal Board of Revenue (FBR) has notified extension of reduced withholding tax rate at 0.4 percent on banking transaction up to April 30, 2016. The government imposed 0.6…
KARACHI: The Directorate General Intelligence and Investigation Inland Revenue (I&I-IR) raided business premises as well as manufacturing premises of M/s Premier Paper Mills Limited and assumed all data, records etc…
KARACHI: Directorate of Post Clearance Audit (PCA) Karachi has served contravention on a number of traders importing tyre and tube from India for evading government’s legitimate revenue to the tune…
KARACHI: The central bank has highlighted Federal Board of Revenue (FBR) dependence on regressive taxation to meet targets, and advocates broadening of base through documentation of economy. Regressive tax is…
KARACHI: SHC divisional bench of comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmed Khan on Thursday allowed provisional release of a consignment of perfumes on payment of customs…