Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Collector Islamabad Dr. Arslan Subuctageen has initiated a crackdown against the amugglibg of currency and gold abroad. On receiving specific information a Major Crack down against attempt of Currency…
KARACHI: Directorate General of Customs Valuation has initiated an exercise to develop database values for different items wherein it has been observed that declarations are wide range and do not…
KARACHI: Directorate of Customs Valuation Karachi has fixed the customs values of Steel Concrete Spiral/Angular Nails vide Valuation Ruling No.984/2016. Directorate General circulated custom value of steel concrete spiral /…
KARACHI: Justice Junaid Ghaffar of High Court of Sindh (SHC) on Tuesday issued notices for Dec 02 to the Deputy Director, Valuation and other defendants in a suit filed by…
KARACHI: A Customs appellate bench of High Court of Sindh on Tuesday asked the Collector Customs to satisfy the court about the reason for holding consignments of fabric on ground…
ISLAMABAD: The Competition Commission of Pakistan (CCP) held a seminar at the Riphah International University as part of the national campaign, ‘Competition Advocacy Academia Drive’, started by CCP to create…
KARACHI: A division bench of High Court of Sindh will hear a petition on Tuesday (today) filed by a resident of Ibrahim Hyderi village who challenged the construction of a…
KARACHI: An appellate bench of High Court of Sindh (SHC) headed by Justice Irfan Saadat Khan on Monday decided an Income Tax Reference Application against the applicant Inland Revenue (IR)…
KARACHI: Directorate Customs Valuation has revised the customs values of polyester spun yarn, viscose spun yarn and other blends vide Valuation Ruling No.983/2016. All Pakistan Textile Mills Association (APTMA) approached…
KARACHI: Directorate Customs Valuation has revised the customs values of chandeliers, pendants, hanging lights and parts vide Valuation Ruling No.982/2016. Customs values of light fittings/fixtures and parts was earlier determined…
KARACHI: Directorate Customs Valuation has revised the customs values of light fittings/fixtures and parts vide Valuation Ruling No.981/2016. Customs values of light fittings/fixtures and parts was earlier determined vide Valuation…
KARACHI: Directorate Customs Valuation has revised the customs values of Rechargeable Electric Shaver vide Valuation Ruling No.980/2016. Customs values of rechargeable electric shaver was earlier determined vide Valuation Ruling No.582/2013…
KARACHI: Customs Appraisement has recovered a sum of Rs50 million approximately from M/s Al-Imdad General Trading Corporation and M/s Al-Darwish as the amount was short-paid/evaded through mis-declaration of PCT on…
KARACHI: MCC Appraisement East has detected evasion of Rs47.46 million, which certain diaper importers committed by availing inadmissible benefit under SRO 1125(I)/2011. MCC Appraisement East has so far recovered Rs7.39…
KARACHI: The United Nations Office on Drugs & Crime (UNODC) Pakistan is organizing a three-day training on “Drugs and precursors identification’ for the mid level field officers of Pakistan Coast…
KARACHI: Customs Quetta has tightened the noose around smugglers and almost eliminated movement of smuggled goods. Collector Quetta Saeed Jadoon has advised the Anti-Smuggling Organization (ASO) Quetta to keep strict…
KARACHI: Directorate General of Customs Valuation has issued more valuation guidelines for the reference of assessment staff to avoid under-invoicing. Directorate General has initiated an exercise to develop database values…
KARACHI: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has approached Federal Board of Revenue (FBR) seeking changes in the ‘first review by principal appraiser’ of imported consignments.…
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Khadhim Hussain M Shaikh restrained the Inland Revenue Authorities from recovering disputed amount…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Irfan Saadat Khan and Justice Muhammad Humayun Khan on Friday issued notices to the Director General Valuation, Pakistan…