FBR notifies transfers and postings in IRS
KARACHI: The Federal Board of Revenue (FBR) has notified transfers/postings of BS-20 and BS-19 officers of Inland Revenue Service (IRS). The BS-20 officers shuffled include Dr. Muhammad Akram Khan is…
Senseless allegations is the legacy of Imran Khan’s politics
KARACHI: Opposition for the sake of opposition, baseless and senseless allegations on everyone for everything, extreme hypocrisy and insane demands describe Pakistan Tehreek-e-Insaaf (PTI) Chief Imran Khan. It seems that…
Inactive WeBOC User IDs likely to be deleted
KARACHI: Collector MCC Appraisement East Ashad Jawwad has forwarded a recommendation to Directorate of Reforms and Automation suggesting that WeBOC User IDs inactive for over two months should be deleted.…
Chemicals are classifiable under their respective headings
KARACHI: Chairman Classification Committee Additional Collector Haris Ansari has ruled that chemicals Polyol, Isocyanates, Catalyst & hardner viz-a-Viz Polyurethane are classifiable under their respective HS Codes according to their placement…
IRS officials promoted to Grade-16
KARACHI: The Federal Board of Revenue (FBR) has notified promotion of Inspector Inland Revenue and Assistant Private Secretary (APS) on regular basis as Inland Revenue Officer (BS-16). The promoted officials…
Appellate Tribunal–IR stays recovery raised against M/s Awan Trading Co.
KARACHI: Member Judicial Appellate Tribunal Inland Revenue Muhammad Jawaid Zakarya has stayed the recovery of tax amount and granted a 30-day relief to M/s Awan Trading Co. Pvt Ltd, a…
SHC dismisses SCRA filed in 2011 by Chawla Dyes and Chemicals
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi dismissed a Special Customs Reference Application (SCRA) filed by Chawala…
SHC adjourns petition seeking provisional release of Primary Silicon
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Anwar Hussain on Friday ordered counsel for Pakistan Customs, Model Customs Collectorate, East and…
Customs values of industrial rubber belts, hosepipe revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of industrial rubber V-belts, industrial rubber conveyor belts and industrial rubber hose pipes vide Valuation Ruling No.923/2016. The values…
MCC Gwadar foils bid to smuggle huge quantity of narcotics
KARACHI: MCC Gwadar has foiled a bid to smuggle narcotics and seized the booty worth Rs37.7 million, which is being smuggled to Karachi from Afghanistan. The Federal Board of Revenue…
FBR fixes assessable values of white crystalline sugar
KARACHI: The Federal Board of Revenue (FBR) has revised the values of white crystalline sugar both imported and domestically produced for the purpose of assessment of sales tax. The FBR…
PCA points out duty/tax evasion of Rs427.232 million in August 2016
KARACHI: Directorate of Post Clearance Audit Karachi has detected duty/tax evasion and short payment of Rs427.232 million in the month of August 2016 by various companies and traders. The Directorate…
Appellate Tribunal grants 30-days stay-order to K-Electric FBR’s decision to freeze company’s accounts is illegal
KARACHI: The decision of Large Tax-payer Units Karachi (LTUs-Karachi) of freezing K-Electric’s accounts from August 31 is against the law as an Appellate Tribunal Inland Revenue (Karachi) had already granted…
US Consulate may not re-export empty containers of pilfered cargo
KARACHI: The US Consulate will most likely not be able to re-export the empty containers, which were reportedly pilfered in Pakistan, as Federal Board of Revenue (FBR) is unable to…
Chairman FBR distributes cheques among families of martyred officials
KARACHI: Chairman Federal Board of Revenue (FBR) Nisar Mohammad Khan attended the collective prayers held to honor four martyrs of Customs who lost their lives chasing smugglers on August 10,…
Judgment reserved in suits filed by Umar Spining Mills, Sunrays Textile
KARACHI: Justice Muhammad Shafi Sidsdiqui of High Court of Sindh (SHC) on Thursday reserved order in two identical suits filed by Umar Spinning Mills and Sunrays Textile after a detailed…
SHC suspends attachment of Jamshoro Power, issues notice for Sept 23
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul malik Gaddi on Thursday while issuing notice to the Commissioner Inland revenue…
MCC Gwadar foils bid to smuggle goods
KARACHI: MCC Gwadar has foiled to bid smuggled goods and recovered foreign origin goods worth Rs5.292 million from the secret compartments of a passenger bus. Collector Quetta Saeed Akram had…
MCC Quetta seizes smuggled goods from pilgrim buses coming from Iran
KARACHI: MCC Quetta has seized huge quantity of foreign origin goods, which were being smuggled into Pakistan from Iran under the garb of pilgrim passenger/baggage. Authorities have also seized three…
SHC dismiss three appeals by Collectorate of Customs (Appraisement) against Pak Suzuki Motors, Indus Motors
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi on Wednesday dismissed three identical Special Customs Reference Applications filed…