Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: After increasing one per cent Customs Duty of above 1400 products, the prices of medicine, tea, green tea, rice and other kitchen item would be increased from tomorrow (Friday)…
KARACHI: Lifebuoy and doctHERs have agreed to work together for the improvement of healthcare across Pakistan. This was announced during a ceremony held to mark the success of doctHERs who…
KARACHI: The Finance Act 2016 has imposed 3.0 percent adjustable advanced income tax on the turnover declared by persons registered under provincial sales tax laws. According to Finance Act 2016,…
KARACHI: The Finance Act 2016 bars a Commissioner Inland Revenue from serving recovery notice on taxpayer where an appeal has been filed before adjudication. However, this restriction is subject to…
KARACHI: The federal government has announced to reduce additional customs duty to 11 percent from 16 percent earlier on import of a large number of goods. According to SRO 484(I)/2016,…
KARACHI: The Military leadership is very much concerned about the success of China-Pakistan Economic Corridor (CPEC), and the federal as well as provincial governments are likely to accord powers of…
KARACHI: Director Customs Valuation Karachi Dr. Wasif Memon has revised the customs values of woven/knitted furnishing and coated fabric vide Valuation Ruling No. 881/2016. Commercial importers filed representations to revise…
KARACHI: The Federal Board of Revenue has notified nominations of BS-20 or equivalent officers for 105th national management course (NMC) at national management college, Lahore. The course is scheduled to…
KARACHI: The Federal Board of Revenue (FBR) has advised all the officers of Pakistan Customs Service (PCS) and Inland Revenue Service (IRS) to forward their annual declaration of assets for…
KARACHI: MCC Port Qasim has released the consignment of M/s Master Beverages & Food after recovering Customs duty of Rs170 million, while the company has deposited Rs300 million of fine/penalty…
KARACHI: A division bench of High Court of Sindh (SHC) headed by Justice Syed Hasan Azhar Rizvi on Tuesday adjourned hearing of a petition filed by Abbas Ahmed, importer of…
KARACHI: APTMA has expressed great concern over the callous attitude of the government in increasing the duty on import of raw cotton from 2 per cent to 3 per cent…
KARACHI: Owing to the rising Federal Excise Duty (FED) through the finance bill 2016, the cement prices would be increased by Rs 35-40/bag or around 7 per cent throughout the…
KARACHI: Director Customs Valuation Dr. Wasif Memon has revised the customs values of linear Alkyl Benzene Sulphonic Asic (soft & Hard type) vide Valuation Ruling No.880/2016. Customs values of Linear…
KARACHI: The Federal Board of Revenue (FBR) has notified nominations of BS-19 officers of Inland Revenue (IRS) for 20th Senior Management Course (SMC) at National Management College Lahore and National…
KARACHI: Director Customs Valuation Karachi Dr. Wasif Memon has revised the customs values of blankets of various types vide Valuation Ruling No.878/2016. Commercial importers of blankets filed a representation for…
KARACHI: Director Customs Valuation Dr. Wasif Memon has revised the customs values of iron and stainless steel wire net/mesh vide valuation ruling No.877/2016. The importers of iron and stainless steel…
KARACHI: Director Customs Valuation Karachi Dr. Wasif Memon has revised the customs values of light fittings/fixtures vide Valuation Ruling No.879/2016. Customs values of Light Fittings/Fixtures were earlier determined vide Valuation…
KARACHI: A divisional bench of High Court of Sindh (SHC) headed by Justice Syed Hasan Azhar Rizvi on Monday adjourned till July 01, hearing of a petition seeking immediate appointment…
KARACHI: A divisional bench of High Court of Sindh headed by Justice Syed Hasan Azhar Rizvi on Monday adjourned hearing of a petition filed by importer of construction vehicles including…
