More valuation guidelines notified
KARACHI: The Directorate General of Customs Valuation is actively pursuing ‘Tanveer Plan’ and the development of database values and issuance of reference values of importable items have started yielding results.…
Pakistan Stocks Exchange closes 2016 at 47,807 points
KARACHI: Pakistan Stocks Exchange (PSX) witnessed volatile trading on Friday as the year closes while index names saw selective interest with thin institutional participation primarily from foreign investors. The KSE-100…
Preliminary macroeconomic data signals a stable growth momentum: SBP report
KARACHI: State Bank of Pakistan has today released its First Quarterly Report for FY17 on the State of Pakistan’s Economy. According to the report, preliminary macroeconomic data signals a stable…
Contravention served on plastic scrap importers
KARACHI: Pakistan Customs has served contravention reports on several importers for importing plastic recycled flakes in violation of Import Policy Order through mis-declaration of description and HS Code. The importers…
SHC asks Customs to satisfy on mis-declaration dispute
KARACHI: An appellate bench of High Court of Sindh asked the respondent Customs officials of Directorate of Customs Intelligence (Enforcement) and MCC Appraisement West to satisfy the court about mis-declaration…