ASO Preventive seizes four containers of betel nuts
KARACHI: Anti Smuggling Organization of MCC Preventive has seized four containers which were cleared from green channel as declared to be scrap, but were found to contain betel nuts. The…
Customs values of water dispenser and parts revised
KARACHI: Director Customs Valuation Karachi Iqbal Muneeb has revised the customs values of hot and cold water dispenser and parts vide Valuation Ruling No.1262/2018. The customs values of hot and…
Customs values of glass blocks, mosaic tiles determined
KARACHI: Director Customs Valuation Karachi Iqbal Muneeb has revised the customs values of glass blocks and mosaic tiles vide Valuation Ruling No.1261/2018. The customs values of glass blocks of Indonesia…
Customs values of energy drinks revised
KARACHI: Director Customs Valuation Karachi Iqbal Muneeb has revised the customs values of energy drinks vide Valuation Ruling No.1260/2018. The customs values of various brands of energy drinks from different…
Customs Intelligence distributed seized vehicles among DG’s friends
KARACHI: Advocate High Court Syed Zain-ul-Abedin has approached Directorate General of Customs Intelligence & Investigation seeking details of the confiscated vehicles shifted from state warehouses to the office of Director…
Jewelry importer booked for evasion
KARACHI: MCC Appraisement East has lodged an FIR against M/s Al-Saudia Enterprises for mis-declaring C&F value of the imported artificial jewelry through submitting fake and fabricated documents to evade government…
Notices issued in Regulatory Duty cases
Karachi: A division bench of High Court of Sindh on Monday issued notices in a number of identical petitions pertaining to Regulatory Duty. The bench heard a council for all…
FBR notifies transfers and postings of PCS officers
KARACHI: Federal Board of Revenue (FBR) on Monday notified transfers and postings of BS-17 to BS-19 officers of Pakistan Customs Service (PCS) with immediate effect until further orders. The FBR…
NAB investigates Customs Intelligence, Quetta
KARACHI: NAB Baluchistan has initiated an inquiry against officials and officers of Customs Intelligence, Quetta and requested Collector Quetta to depute an officer of BS-17 who is well versed with…
Pakistan annoyed over manipulation of FATF process
KARACHI: The United States has put forward a motion to place Pakistan on a global terrorist-financing watch list with an anti-money-laundering monitoring group. Pakistan has been scrambling in recent months…
SHC seeks report in a petition by Feb 23
KARACHI: An appellate bench of High Court of Sindh (SHC) Friday fixed Feb 23 in a petition seeking release of miscellaneous goods filed by Asad Trading Company. The bench was…
KCAA congratulates Pakistan Customs
KARACHI: Karachi Customs Agents Association (KCAA) informed in press release that Pakistan Customs has successfully achieved the target for e-payment of customs duties and taxes. In this regard User Acceptance…
SHC restrains Income Tax Dept from recovery, ask petitioner to persue appeal
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Mrs Ashraf Jahan on Thursday restrained Income Tax Commissioner, Zone III from recovering rupees…
KTBA asks FBR to extend date for monthly statement as IRIS not working
KARACHI: Karachi Tax Bar Association (KTBA) has asked the Fedederal Board of Revenue (FBR) to extend date for filing of monthly statement for the month of February as according to…
Customs values of potato frozen French fries revised
KARACHI: Director Customs Valuation Karachi Iqbal Muneeb has revised the customs values of potato frozen French fries vide Valuation Ruling No.1258/2018. The customs values of potato frozen French fries were…
Government losing revenue as clearance of spices, dry fruits stopped
KARACHI: Government is losing revenue to the tune of billions of rupees as hundreds of containers of spices, betel nuts, dry fruits and other edibles are stuck at ports waiting…
MCC Quetta seizes smuggled goods
KARACHI: MCC Quetta has recovered miscellaneous goods worth millions of rupees from the secret compartments of two passenger buses coming to Karachi from Quetta. Information was received through Collector Ashraf…
Money laundering: Chinese authorities confiscate passport of Pakistani importer
KARACHI: Chinese authorities have temporarily confiscated the passport of a known shoe importer for illegally transferring foreign exchange out of Pakistan to China through grossly over-invoicing the imports. Sources said…
Lack of infrastructure at EPZ irks traders
KARACHI: A delegation of Karachi Customs Agents Association comprising of Mr. Faisal Mushtaq (President) Mr. Mohammad Amin Essani (Senior Vice President) Mr. Mohammad Aamir (General Secretary) Mr. Rana Zahid Farooq…
Milk enhancement injections: MCC Appraisement East issues assessment alert
KARACHI: MCC Appraisement East has issued an assessment alert advising assessing officer to be vigilant while assessing the consignment of injection for milk enhancement in animals consisting of RBST with…