Customs values of solar fans revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of solar vide Valuation Ruling No. 906/2016. The values of solar fans were earlier determined vide valuation ruling No.…
Customs values of valves revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of valves vide Valuation Ruling No. 907/2016. The values of solar fans were earlier determined vide valuation ruling No.…
Custom issues Valuation Ruling for Hair Accessories
KARACHI: The Director General, Customs valuation issued Valuation Ruling (VR 905 of 2016) to determine the custom values of “Hair Accessories” of Low end brands. It said that previous VR…
Custom issues Valuation Ruling for Contact Lenses
KARACHI: The Director General, Customs Valuation exercising powers conferenced under section 25-A of the Customs Act 1969 issued a new Valuation Ruling (VR) in respect of Contact Lenses. According to…
China, Pakistan to further strengthen cooperation
KARACHI: Cooperation between China and Pakistan under the framework of China-Pakistan economic corridor has been further strengthened during the on-going Silk Road Economic Belt–Xinjiang Karamay Forum held in Karamay of…
Delay in postings of PCS officers impact efficiency of formations
KARACHI: The transfers and postings of BS-19 officers of Pakistan Customs Service (PCS) recently notified by Federal Board of Revenue (FBR) seem to have been done in haste and without…
Mis-declaration of transit goods; Members of appellate tribunal develop dispute among them
KARACHI: Member Judicial-II Karachi Tahir Zia and Member Technical-II Karachi Mohammad Nazim Saleem both representing the same bench, have developed a dispute among themselves in the petition; now chair of…
IRS initiates campaign against ST/FED evaded cigarettes
KARACHI: Directorate of Intelligence – Inland Revenue, Karachi has seized large quantities of cigarettes on which Sales Tax and FED was not paid. Director General I&I-IRS Khawaja Tanveer has initiated…