SHC to hear acquittal plea in mis-declaration case
KARACHI: Justice Muhammad Iqbal Kalhoro of High Court of Sindh (SHC) will hear a plea of acquittal filed by Kashif Iqbal of Astro Power Systems, Private, Limited on Tuesday. According…
Customs values of plain aluminium foil & aluminium sheets revised
KARACHI: The Director Customs Valuation Dr. Wasif Memon has revised the Customs values of plain aluminium foil & aluminium sheets vide Valuation Ruling No. 851/2016. Recently the importers of aluminium…
Customs values of tissue paper jumbo roll revised
KARACHI: The Director Customs Valuation Dr. Wasif Memon has revised the Customs values of tissue paper jumbo roll vide Valuation Ruling No. 850/2016. It was brought to the notice that…
Customs Islamabad foils bid to smuggle antiques, artifacts
KARACHI: The Customs staff posted at Benazir Bhutto International Airport Islamabad has foiled an attempt to smuggle antiques and artifacts on Friday. Customs staff seized a Consignment of 21 antiques…
Master Beverages & Food Limited caught evading government revenue
KARACHI: MCC Port Qasim has detected the largest ever duty/tax evasion on just one consignment to the tune of Rs170 million by M/s Master Beverages and Food Limited, Gujranwala, a…
Crackdown in the offing against corrupt elements in judiciary
KARACHI: It seems that the bureaucracy and the judiciary are the next in line to face the music and pay for their wrong doings. The arrest of Finance Secretary Mushtaq…
AFU recovers Rs19 million from M/s Air Indus
KARACHI: MCC Preventive Air Freight Unit (AFU) has recovered Rs19 million of duty and taxes outstanding against M/s Air Indus and let the Boeing-737 return, which was under Customs custody…
MCC Preventive proposes modification in the definition of Customs Agent and Customs Business
KARACHI: MCC Preventive has suggested certain amendments in the Customs Rules to avoid ambiguities in the law relating to Customs agents and shipping agents and their responsibilities. The Board has…
Customs vales of hair care products revised
KARACHI: Director Customs Valuation Karachi, Dr. Wasif Ali Memon has revised the Customs values of Hair Spray/Gel/Wax/Cream/Colour/Oil/Haircoat/Aqua/Hydrogen Peroxide Liquid/Developer/Accelerator vide Valuation Ruling No.849/2016. Customs values of Shampoos/Conditioners and Hair Spray/Gel/Wax/Cream/Colour/Oil/Hair…
Customs values of toiletries revised
KARACHI: Director Customs Valuation Karachi, Dr. Wasif Ali Memon has revised the Customs values of face powder, face and skin cream/lotion, tooth paste, after shave, shaving cream/gel/foam, soaps in other…
Customs values of PE Tarpaulin revised
KARACHI: Director Customs Valuation Karachi, Dr. Wasif Ali Memon has revised the Customs values of PE Tarpaulin vide Valuation Ruling No.847/2016. Consequent upon representation by commercial importers and in the…
SHC adjourns petitions challenging Sales Tax on services
KARACHI: An appellate bench of High Court of Sind, comprising Justice Munib Akhtar and Justice Abdul Malik Gaddi on Friday adjourned hearing of sixteen constitution petitions challenging levy of Sales…
SHC adjourns SCRA in a spare parts import case
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Muneeb Akhtar and Justice Abdul Malik Gaddi on Friday adjourned hearing of a Special Customs Reference Appeal (SCRA)…
SHC orders release of Sewing Needle consignment
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmed Khan ordered release of a consignment of Orange brand industrial…
PCA detects duty/tax evasion of Rs455.37 million in April
KARACHI: Directorate of Post Clearance Audit Karachi has detected duty/tax evasion and short payment of Rs455.37 million in the month of April 2016 by various companies and traders. The Directorate…
Customs values of mosquito coil and aerosol insecticide spray revised
KARACHI: Director Customs Valuation Dr. Wasif Ali Memon has revised the customs values of mosquito coil and aerosol insecticide spray vide Valuation Ruling NO.846/2016. Since the values of mosquito coil…
Customs values of coffee in retail packing revised
KARACHI: Director Customs Valuation Dr. Wasif Ali Memon has revised the customs values of coffee in retail packing vide Valuation Ruling NO.845/2016. Customs values of coffee were earlier determined vide…
FBR likely to notify up-gradation of Senior Auditors as Audit Officers, BPS 18
KARACHI: About 325 Senior Auditors (BPS 16) of Inland Revenue (IR) are poised to be notified as Audit Officers (BPS 18) as Supreme Court upholds a LHC order in an…
Joint campaign against smuggling yields significant results
KARACHI: The Directorate General of Customs Intelligence & Investigation and Customs Collectorates are conducting joint operations against smuggling since February 17, 2016, which has yielded quite encouraging results. As part…
Customs Intelligence Peshawar seizes narcotics
KARACHI: Directorate of Customs Intelligence & Investigation Peshawar has seized 6.5KG of heroin valuing Rs4.0 million that had arrived from Afghanistan. On the basis of a specific information received by…