Collector of Customs Conference being held at FBR
KARACHI: The Collectors of Customs Conference will be held at FBR House Islamabad on Wednesday, February 8, 2017. The main agenda for the conference is revenue analysis, strategy to achieve…
Customs values of cast iron submersible motors revised
KARACHI: Director General Customs Valuation has revised the customs values of Cast Iron Submersible Motors and amended the Valuation Ruling No.990/2016 accordingly. Representations were filed by M/s Chamber of Small…
Transit cargo to move through registered carriers only
KARACHI: Directorate of Transit Trade Quetta has notified that all the transit trade cargo which was being transported via land route from Chaman to Karachi or Wagha outside the bonded…
Customs values of Glass chatons sheet/hot fix sheet
KARACHI: Directorate of Customs Valuation Karachi has revised the customs values of Glass chatons sheet/hot fix sheet with glass chatons vide Valuation Ruling No.1035/2017. The customs values of Glass chatons…
Customs values of PU soles for shoes
KARACHI: Directorate of Customs Valuation Karachi has revised the customs values of PU soles for shoes vide Valuation Ruling No.1034/2017. The customs values of PU soles for shoes were earlier…
ASO MCC Preventive Lahore comes hard on smugglers
KARACHI: Anti-smuggling organization (ASO) of MCC Preventive Lahore has seized smuggled goods worth Rs67 million. According to details, ASO seized 85 cartons of foreign origin smuggled cigarettes of various brands…
Customs seizes PTCL’s equipment
KARACHI: Directorate of Customs Intelligence & Investigation Rawalpindi has seized equipment imported by Pakistan Telecom Company (PTCL) as the company attempted to avail inadmissible benefit of FTA through mis-declaration. The…
Re–export case–SHC to hear petition on Feb 28
KARACHI: The hearing of a customs case involving cosmetics and toiletries worth US $ 66,182,972 (Rupees 7 bln approx.) was deferred till Feb 28 by a division bench of High…
Fitch Affirms Pakistan at ‘B’; outlook stable
KARACHI: Fitch Ratings has affirmed Pakistan’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘B’ with Stable Outlooks. The issue ratings on Pakistan’s senior unsecured foreign- and local-currency bonds,…
PCA detects revenue leakage of Rs287.254 million
KARACHI: Directorate of Post Clearance Audit Karachi has detected duty/tax evasion and short payment of Rs287.254 million in the month of January 2017 by various companies and traders. The Directorate…
Reference transaction values of various goods 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.…
Gwadar Customs recover HSD, whiskey
Gawadar: Gwadar Customs in two different raids, seized oil tankers carrying smuggled Iranian High Speed Diesel (HSD) and 200 bottles of Whiskey from a pickup truck. According to details on…
Customs values of dry coconut/kopra
KARACHI: Directorate of Customs Valuation Karachi has revised the customs values of Dry Coconut/Kopra vide Valuation Ruling No.1033/2017. Customs values of different types of dry coconut/Kopra were earlier notified vide…
Customs values of Kraft Paper Bag for cement
KARACHI: Directorate of Customs Valuation Karachi has determined the customs values of Kraft paper Bags of 50kg cement vide Valuation Ruling No.1032/2017. Customs values of Kraft paper Bags of 50kg…
Reference customs values of various goods 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.…
MCC Gwadar seizes large quantity of smuggled goods
KARACHI: On the directives of Collector Saeed Akram, MCC Gwadar has launched a massive operation against the smugglers of High Speed Diesel and contraband items in collaboration with a sensitive…
Stuck up containers: SHC allows time to FBR
KARACHI: An appellate bench of High Court of Sindh comprising Justice Munib Akhtar and Justice Yousuf Ali Sayeed deferred hearing of a petition filed by International Maritime Service (Pvt) Ltd…
SHC refuses to hear petition for want of jurisdiction
KARACHI: A division bench of High Court of Sindh (SHC) declined hearing a constitutional petition in an alleged smuggling case. The bench was hearing a petition filed by Mushtaq Ahmed…
MCC Port Qasim reassigns principal appraisers
KARCHI: Collector MCC Port Qasim Mukarram Jah has notified transfers and postings of principal appraisers within the collectorate. Mohammad Ashraf Bhatti on joining will look after Group-II, Import Section and…
Customs foil bid to smuggle heroin
KARACHI: Pakistan customs has foiled a bid to smuggle heroin, which was concealed in power banks. A parcel booked by one Muhammad Zahid Gull Peshawar for Shenzhen China consisting 18…