Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Directorate of Post Clearance Audit (PCA) Karachi has served Audit Observation on M/s GM Cables & Pipes Pvt Ltd creating a demand of Rs7.055 million, an amount, which was…
KARACHI: Directorate of Post Clearance Audit (PCA) Karachi has served Audit Observation on M/s Premier Cables Pvt Limited creating a demand of Rs40.514 million, an amount, which was short-paid by…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Abdul Malik Gaddi on Monday ordered issuance of notices for June 06 to Master…
KARACHI: Justice Muhammad Iqbal Kalhoro of High Court of Sindh (SHC) on Monday admitted Arif Humayum, former Chief Executive Officer of AMI Pakistan to bail in thirteen identical FIRs against…
KARACHI: In order to ensure smooth and quick proceedings under Transports Internationaux Routiers (TIR), Collector of Customs Adjudication-II has proposed to notify a new set of TIR Rules. According to…
KARACHI: Pakistan Kiryana Merchants Association has moved a representation to the Director General Customs Valuation submitting that issuing Valuation Guidelines was not the job of Director of Customs Valuation. Targeting…
KARACHI: Directorate of Post Clearance Audit (PCA) Karachi has served Audit Observation on M/s Newage Cables Pvt Limited creating a demand of Rs14.679 million, an amount which was short-paid by…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Abdul Malik Gaddi on Monday issued notices to the respondents in two different Special…
KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has detected a huge amount of duty and tax evasion and made a part recovery. During the audit of import clearances…
KARACHI: Qamar Zaman Chaudhry, Chairman NAB said that NAB is committed to eradicate corruption by adopting Zero Tolerance Policy across the board by using all its resources. He was speaking…
KARACHI: The Federal Board of Revenue (FBR) is all set to notify the Trade Related Intellectual Property Rights (Import and Export Goods) Enforcement Rules in June 2016. The Rules will…
KARACHI: Since there is no mechanism for verification of persons on whose names WeBOC unique user IDs have been issued, FBR is likely to make it mandatory for all WeBOC…
KARACHI: The Directorate General of Customs Valuations has issued an assessment alert pertaining to under invoicing in assessed value of broom sticks. The Directorate General of Customs Valuations has initiated…
KARACHI: Barrister Faroogh Naseem, the counsel of Sharjeel Jamal, has served a legal notice of Chief Collector Customs South Abdul Rasheed Shaikh to unblock their WeBOC user ID and refrain…
KARACHI: MCC Port Qasim has approached Sindh High Court in an intra-court appeal regarding modification in the Court’s earlier ruling ordering release of M/s Master Beverages & Foods on payment…
KARACHI: Collector of Customs Adjudication Chaudry Mohammad Javaid has penalized M/s Pure Enterprises and clearing agents for clearance of restricted pharmaceutical raw material by mis-declaration of description, classification besides evasion…
KARACHI: The Collectorate of Customs Adjudication had recommended several measures in its proposals for federal budget 2016-17, which would streamline the entire adjudication process. It has been observed that in…
KARACHI: Directors Customs Valuation Dr. Wasif Memon has revised the Customs values of Toyota Hilux Vigo/Revo of Thailand origin vide Valuation Ruling No.860/2016. The customs values of Toyota Hilux Vigo/Revo…
KARACHI: Pakistan Coast Guards (PCG) has arrested 75 persons, who were illegally crossing the Pakistan-Iran border. These arrested persons include 05 Bangladeshi nationals, 08 Afghans and 62 Pakistanis who attempted…
KARACHI: The Federal Board of Revenue (FBR) is all set to implement electronic data exchange (EDE) between Customs administration of China and Pakistan under Pak China Free Trade Agreement, which…