MCC Gwadar surpasses revenue collection target
KARACHI: MCC Gwadar has exceeded Revenue Collection over the assigned target by massive 78 percent for the first quarter (July- September FY 2016-17. Total revenue collection target of the Collectorate…
Return filing date extended
KARACHI: The Federal Board of Revenue (FBR) has announced extension in date of filing income tax returns/statements for tax year 2016. The date of filing of Returns of Total Income/Statement…
DG Customs Valuation restarts database values of imported goods
KARACHI: Director General of Customs Valuation has restarted the exercise of developing database values of importable goods after a short gap. Directorate General of Customs Valuation has initiated an exercise…
Pak Telecom Mobile (Ufone) found guilty of evading duty/taxes of Rs416.325 million
KARACHI: Directorate of Post Clearance Audit (PCA) Karachi has served three contravention reports on M/s Pak Telecom Mobile Ltd (Ufone) for evasion of leviable custom duty, sales tax and withholding…
SHC orders release of consignment against payment of duty, surety
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Syed Saeed-uddin Nasir on Friday disposed of a constitutional petition filed by Capital Trading…
SHC orders reframing of questions of law in SCRA pertaining to waste paper import
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi on Friday while hearing a Special Customs Reference Application (SCRA)…