Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Pakistan has not been able to completely overcome money laundering, which is hampering country’s exclusion from FATF’s grey list. Trade mis-invoicing is illegal and occurs when traders. under-invoice or…
KARACHI: A grand plan is jointly prepared by the smugglers and certain staff of Customs to support and facilitate organized smuggling, while the deals between smugglers and Customs officers have…
The Federation of Pakistan Chambers of Commerce and Industry on Saturday rejected the government’s plan of imposing additional taxes of over Rs700 billion in the upcoming federal budget 2021-22 under…
Nadeem Babar promises to consider tariff reduction request from next month: KARACHI: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Zubair Motiwala, while terming…
KARACHI: The Collector of Customs MCC Appraisement and Facilitation, West and Director I&I were ordered to either obtain a restraining order or implement an Order in Original (ONO) passed in…
KARACHI: Customs Preventive Karachi has detained a vessel MT MORIOKA carrying Xylene and white spirit for mis-declaring the port of loading. Information was received through Collector Saquif Saeed to Additional…
KARACHI: Federal Board of Revenue FBR has notified promotion of 7 BS-20 officers of Pakistan Custom Service (PCS) into BS-21. The promoted officers include Muhammad Iqbal Bhawana, Wajid Ali, Rubab…
KARACHI: Federal Board of Revenue FBR has notified promotion of 13 BS-19 officers of Pakistan Custom Service (PCS) into BS-20. The promoted officers include Hassan Saqib Sheikh, Masood Ahmed, Fayyaz…
GWADAR: Gwadar is playing an important role in the development of the country, and Pakistan Customs is making all out efforts to promote and facilitate legitimate trade and business in…
KARACHI: The Federal Board of Revenue (FBR) has advised all Chief Collectors that relevant staff from Enforcement may be transferred/posted into Appraisement as the function of monitoring of gates of…
Karachi: For the 2nd year running, China Power Hub Generation Company (Pvt.) Ltd was recognized for its outstanding commitment to local communities in Hub, Lasbella, Balochistan through sustainable CSR initiatives,…
KARACHI: After complex litigation spreading over two decades, the dispute over exemption came to an end when a custom appellate bench of High Court of Sindh reserved judgment in a…
KARACHI: Sindh High Court (SHC) has suspended the transfer order of Inspector Syed Momin Hussain Shah from MCC Hyderabad to MCC Exports, Karachi dated February 11, 2020. The counsel of…
The Federation of Pakistan Chambers of Commerce and Industry has rejected the government’s plan of imposing additional taxes of over Rs700 billion in the upcoming federal budget 2021-22 under the…
QUETTA: Customs Quetta has seized large quantity of smuggled cloth, which was being smuggled to down country in the garb of a fake Escort Letter purportedly issued by Custom House…
The total liquid foreign reserves held by the country stood at US$ 20,041.6 million on 19-February-2021. The break-up of the foreign reserves position is as under: – Foreign reserves held…
Karachi (PR) Mian Nasser Hyatt Maggo, President Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has demanded that the Federal Government amend the decision of the Cabinet Committee on…
Karachi: Al-Karam Textile Mills, in collaboration with Fair Trade USA, have partnered with Dr. Essa Laboratory & Diagnostic to provide free-of-cost and best quality pathological services to the employees of…
KARACHI: The respondent officials of Pakistan Customs including Chief Collector, Appraisement South, Director General and Director (Valuation) were restrained by a customs appellate bench of High Court of Sindh from…
Karachi, Pakistan – Reon Energy Limited today announced the completion of its’ 3.73 MW captive Solar Power Project for G&T Group in Karachi, and Baluchistan. The Solar Photovoltaic Plant is…