Pakistan’s economy maintains its growth momentum: Central Bank
KARACHI: The growth in real gross domestic product (GDP) remained at its upward trajectory, and increased to a decade-high of 5.3 percent in FY17, noted by State Bank of Pakistan’s…
FBR nominates 19 PCS officers for 106th National Management Course
KARACHI: The Federal Board of Revenue (FBR) has nominated 19 Pakistan Customs Service (PCS) officers of Grade-20 for the 106th National Management Course (NMC), which is scheduled to commence from…
24 PCS officers nominated for 22nd SMC
KARACHI: The Federal Board of Revenue (FBR) has nominated 24 Pakistan Customs Service (PCS) officers of Grade-19 for the 22nd Senior Management Course (SMC), which is scheduled to commence from…
FBR promotes 18 officers to the post of Deputy Collector (OPS)
KARACHI: The Federal Board of Revenue (FBR) has notified promotion of 18 Assistant Collectors to the post of Deputy Collectors (OPS). Waqar Hussain is posted as Deputy Collector (OPS) at…
SHC orders Custom to issue new VR as per section 25 of CA 1969
KARACHI: Special Customs Appellate Tribunal (SCAT) comprising Nadeem Qureshi, member, Judicial and Nazim Saleem, member Technical directed the Customs Valuation department to issue a new Valuation Ruling following the procedure…
Provisional anti-dumping duty on Chinese tiles expires
KARACHI: The National Tariff Commission (NTC) has notified that the provisional anti-dumping duty imposed on import of wall and floor tiles from China has expired. In a letter to Federal…
Customs unearths import of Kerosine oil in the garb of white oil
KARACHI: Directorate of Intelligence and Investigation -FBR (Custom Enforcement), Karachi has identified two more importers namely M/s. Faras Combne Marketing Company, and M/s. Friends Petrochemical Industries, Lahore indulged in smuggling…
Classification of hydro carbon petroleum distillate determined
KARACHI: The Customs Classification Committee has found HS Code 2710.1949 as appropriate for the classification of Hydro Carbon Petroleum Distillate. MCC Preventive Karachi forwarded a reference to Classification Centre for…
Wrongful death: staff of a Customs agent suffocates at PICT
KARACHI: It’s not just the container terminals; in Pakistan personnel safety at workplace is still secondary. Even the big businesses find it good enough to just place health/safety posters at…
Government revises schedule of Regulatory Duty
KARACHI: The government of Pakistan has revised incidence of Regulatory Duty (RD) on 441 importable items in the range of 5.0 percent to 35 percent. The rate of RD is…
SHC issues notice in Sales Tax recovery case
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Irfan Saadat Khan and Justice Arshad Hussain Khan on Wednesday ordered issuance of notice to APM Terminal Operator…
Bonded carrier M/s E-Movers continues to escape justice
KARACHI: Despite all evidences, M/s E-Movers Pvt Ltd is escaping justice, as the owner of this notorious bonded carrier Mansoor Shaikh happens to be the brother of Chief Collector Appraisement…
Officials dismissed for corruption get performance rewards on the recommendation of DG I&I
KARACHI: It happens only at Directorate General of Customs Intelligence & Investigations that officials who were imposed with major penalty of dismissal from service for corruption are recommended for performance…
SHC stays auction of Indian printed cloth
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Irfan Saadat Khan and Justice Arshad Hussain Khan yesterday stayed auction of Indian printed cloth. The bench was…
SHC orders release of soap consignment
KARACHI: In a rare order, an appellate bench of High Court of Sindh (SHC) comprising Justice Irfan Saadat Khan and Justice Arshad Hussain Khan on Monday ordered release of a…
Baluchistan Court accepts petition against Directorate General Customs I&I
KARACHI: Hamid Habib Intelligence Officer of Customs Intelligence & Investigation has approached High Court of Pakistan against Director General of Customs Intelligence & Investigation, Islamabad and Directors I&I Quetta and…
Pakistan’s oil production crawls up 3.0 percent
KARACHI: Pakistan’s oil production crawled up 3.0 percent to average 88,000 barrels/day for 11 months ended May 30, 2017, Topline Securities reported on Tuesday. “Renowned producers like Oil & Gas…
Special Customs Appellate Tribunal reserves order in Glassware, Porcelain case
KARACHI: The Special Customs Appellate Tribunal reserved judgment in 20 identical appeal filed by Imran Hardware and others who imported glassware and porcelain from China. According to the appellants they…
Influx of smuggled goods on the rise in Karachi
KARACHI: The influx of smuggled goods including the contrabands is on the rise and non-duty goods are finding their way again into the markets of Karachi as the concerned Customs…
Customs Preventive foils bid to smuggle heroin to UK
KARACHI: MCC Preventive Karachi has seized 7.75 KG of light brown heroin powder worth Rs77.5 million and arrested several accused including Customs officials. An FIR has also been lodged in…