Customs values of Umbrellas
KARACHI: Directorate of Customs Valuation has revised the customs values of Umbrellas vide Valuation Ruling No.1059/2017. The reference values of umbrellas were notified vide a Valuation Database letter. It was…
Customs values of components split air conditioners
KARACHI: Directorate of Customs Valuation has revised the customs values of components for split air conditioners (conventional/inverter type) vide Valuation Ruling No.1058/2017. The customs values of components for split air…
Importers, agents advised to upload relevant documents with GD
KARACHI: MCC Appraisement West has strictly advised importers and clearing agents to upload relevant documents in the computerized clearing system at the time of filing of Goods Declaration. In a…
Customs Valuation notifies reference values of importable items
KARACHI: Directorate General of Customs Valuation devised a plan to streamline values of importable values to check under-invoicing, which is not only causing revenue loss to the exchequer, but it…
Customs Intelligence & Investigation realize evaded revenue of Rs8.479 million
KARACHI: The Directorate General of Customs Intelligence & Investigation led by Shaukat Ali has made remarkable performance in the last four months as its various directorates realized revenue of Rs8.479…
M/s Reliance Petroleum Industries found evading government revenue
KARACHI: Pakistan Customs has detected sizeable evasion of government’s legitimate revenue, which M/s Reliance Petroleum Industries Pvt Ltd evaded through under-declaring the values of imported goods. However, Customs authorities came…
Cement manufacturer found evading government revenue
KARACHI: Customs I&I Karachi has detected huge duty/tax evasion by a local cement manufacturer by way of under-declaring the value of clinker imported from Iran. On the information of Director…