Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Federal Board of Revenue (FBR) has been authorized to notify the valuations of the properties throughout the country including Karachi, Lahore and Islamabad, said Ishaq Dar, Federal Finance…
KARACHI: The Consultative Group on Capital Markets has held its third meeting under the chairmanship of Mr. Zafar Hijazi, the SECP chairman, in Karachi. The group stressed upon the need…
KARACHI: The Establishment Division has notified the approved list of BS-19 officers nominated for 20th Senior Management Course (SMC). BS-19 officers of Pakistan Customs Service (PCS) include Ashir Azeem Gill,…
KARACHI: The Karachi Cotton Association (KCA) has expressed its deep concern over the levy of 3.0 percent customs duty, 1.0 percent additional duty and 5.0 percent sales tax on import…
KARACHI: The State Bank of Pakistan (SBP) decided to maintain the policy rate unchanged at 5.75 per cent in new monetary policy announced for next two months. “Pakistan economy posted…
KARACHI: Directorate General of Customs Valuation has circulated five valuation guidelines for the notice of all formations about the prevailing international price trend of several importable goods, while five such…
KARACHI: The Directorate of Intelligence & Investigation – FBR has seized large quantity of plastic toys, as thee importer M/s Dost Traders attempted to get these goods cleared through mis-declaring…
KARACHI: The transfers, postings and adjustment of Pakistan Customs Service (PCS) will be delayed and it is expected that officers would be given OPS charge. Chairman FBR is leaving for…
KARACHI: A divisional bench of High Court of Sindh (SHC), comprising Justice Muhammad Iqbal Kalhoro and Justice Khadim Hussain Shaikhon Friday issued notices to the Collector Customs, Hyderabad and other…
KARACHI: A divisional bench of High Court of Sindh on Friday allowed provisional release of a consignment of skimmed milk powder on deposition of entire differential amount of duties with…
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Justice Muhammad Iqbal Kalhoro and Justice Khadim Hussain Shaikh on Firday issued notices to the Director General, Customs Valuation…
KARACHI: Finance minister Ishaq Dar will announce the decision of property valuation issue on Saturday evening, it is learnt. Haroon Akhtar, advisor to the Prime Minister is having separate meetings…
KARACHI: Federal Board of Revenue (FBR) has notified transfers and postings of BS-21 and BS-20 officers of Inland Revenue Service (IRS). IRS officers of BS-21 transferred include Hafiz Muhammad Ali…
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of I.V Cannula/I.V Catheter vide Valuation Ruling No. 894/2016. Customs values of I.V Cannula/l.V Catheter were determined vide Valuation…
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of paint brushes and roller brushes vide Valuation Ruling No. 893/2016. It was brought to the notice of Directorate…
KARACHI: Pakistan International Airlines (PIA) has formalized wet leasing of three A-330 aircraft from Sri- Lankan Airlines at a ceremony held in Colombo on Friday. Chief Executive Officer (CEO), Bernd…
KARACHI: The government has further increased the custom duty on cotton import from 2 per cent to 3 per cent, while the industry has to pay a total 4 per…
KARACHI: MCC Islamabad has seized 1.1kg of refined heroin worth Rs20 million and arrested one passenger. Islamabad Customs Staff , in continuation of its outstanding performance, seized 1.1 Kg of…
KARACHI: A delegation of footwear importers including as well as representatives of M/s Bata and M/s Service met with Director of Customs Valuation Wasif Memon to press downward revision in…
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Justice Muhammad Iqbal Kalhoro and Justice Khadim Hussain Shaikh on Thursday issued notice for August 02 in a petition…