MCC Port Qasim seizes container full of betel nut
KARACHI: MCC Port Qasim has foiled an attempt to clear betel nut in the garb of plastic scrap and recovered goods worth millions of rupees. Collector MCC Port Qasim Chaudry…
High Power Board to take up promotions of BS-21 officers in November
KARACHI: The meeting of High Power Board to consider promotion of BS-21 officers into BS-22, scheduled to be held on October 24, 2018 has been postponed and the meeting is…
Bonded carriers contest adjudication order before Collector Appeals
KARACHI: A number of bonded carriers have approached Collector of Customs Appeals Islamabad against the adjudication order served on them and prayed to call record and proceedings of the show…
Shaukat Ali barred from travelling abroad
KARACHI: The Ministry of Finance has imposed a foreign travel embargo on Director General Customs Intelligence & Investigation, Shaukat Ali as the officer is facing multiple inquiries and investigations, sources…
Smuggled Afghani apples seized
KARACHI: Customs Intelligence Peshawar has recovered Afghani fresh apples worth millions of rupees from two trucks near Kohat road, Peshawar. Under instructions from Director Intelligence and Investigation (Customs)-FBR, Peshawar Dr.…
KATI concerned over interruptions of gas and Water supply
KARACHI: Korangi Association of Trade & Industry (KATI) expressed concerns over interrupted gas and water supply to the industry, which increased cost and time of production. In a statement, President…
Another agent gets bail in luxury vehicles case
KARACHI: Justice Aftab Ahmed Gorar of High Court of Sindh admitted an accused/applicant to bail in a case registered by Islamabad police in relation to recovery of 21 luxury vehicles…
SHC to hear plea for release of tankers used in diesel smuggling
KARACHI: A customs appellate bench of High Court of Sindh (SHC) fixed Nov 14 for hearing two identical Special Custom Reference Applications (SCRA’s) seeking release of Hino trucks allegedly used…
SHC suspends recovery notices issued against Telecom Pakistan Ltd
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan ordered issuance of pre-admission notices to the respondents as…
Revenue evasion of a billion rupees at EPZ detected
KARACHI: Directorate of Customs Intelligence and Investigation Peshawar has unearthed evasion of duty and taxes to the tune of around a billion rupees. Director Peshawar Arsalan Subuctageen formed a special…
Accused involved in smuggling goods from KEPZ to tariff area granted bail
KARACHI: The Special Court of Customs & Taxation has accorded bail to Ismail Godil and two others in the case of dumping/storage of smuggled and non-duty-paid goods in the garb…
SBP releases Annual Report on the State of Economy
KARACHI: State Bank of Pakistan has released its Annual Report on the State of Pakistan’s Economy for the fiscal year 2017-18 today. According to Report, the growth momentum gained further…
Overseas investors irritated by higher taxes, gaps in policy implementation
KARACHI: Overseas Investors Chamber of Commerce and Industry (OICCI) has expressed concerned over high burden of taxes and termed uncertainty over taxation policies as the major irritant facing flows of…
SHC allows suit, orders release of securities
KARACHI: Justice Junaid Ghaffar of High Court of Sindh (SHC) on Thursday allowed a suit filed by Gillani traders which imported home appliances including hair straightner, vaccum cleaners etc. The…
SHC issue notice in construction vehicles case
KARACHI: A division bench of High Court of Sindh (SHC) on Thursday ordered issuance of notices to the respondent custom officials for Oct 29 in a petition filed by Rawal…
MCC Quetta seals illegal fuel stations
KARACHI: MCC Quetta has sealed a dozen of illegal petrol stations as crackdown against illegal fuel stations continues by MCC Quetta on the direction of FTO. On the directives of…
MCC Peshawar seizes smuggled goods
KARACHI: MCC Peshawar has seized large quantity of foreign origin miscellaneous goods worth millions of rupees and two Mercedes trailers at NLC Terminal, Torkham. According to details, two trailers coming…
FBR issues new form for salaried persons
KARACHI: The Federal Board of Revenue (FBR) has introduced a separate simplified income tax return form for salaried persons, who have other sources of income, including profit on debt (interest…
KCCI denounces RD on 570 items, urges review
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Junaid Esmail Makda, while denouncing the imposition of Regulatory Duty on 570 items, stated that this step would terribly hit the…
ASO Preventive recovers betel-nut, gutka
KARACHI: The anti-smuggling organization (ASO) of MCC Preventive has recovered large quantity of smuggled betel-nut and Indian gutka during a raid at a warehouse in Jodia Bazar, Karachi. Information was…