Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The processing of smuggled betel nuts in Karachi had become a very lucrative business and its smugglers had posed numerous challenges to the officers and officials in discharging their…
The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel has appreciated the federal and provincial governments for their resolve to implement the much-needed single portal for filing sales…
Deposit Protection Corporation (DPC) has increased guarantee amount for all eligible depositors of banks from Rs250,000 to Rs500,000. The decision was made by the Board members of the Corporation in…
The total liquid foreign reserves held by the country stood at US$ 26,402.6 million on 17-September-2021. The break-up of the foreign reserves position is as under:- Foreign reserves held by…
The State Bank of Pakistan (SBP) has revised Prudential Regulations (PRS) for Consumer Financing. This targeted step will help to moderate demand growth in the economy, leading to slower import…
KARACHI: Directorate of IPR Enforcement South has forfeited a consignment of talcum powder bearing “Yardley’ marks for being counterfeited. M/s Wipro Limited, the right-holder, approached IPR Enforcement against a consignment…
QUETTA: Customs Quetta with the assistance of Frontier Constabulary (FC) has launched a crackdown against smugglers and seized foreign origin smuggled goods worth millions of rupees at Nokandi. The seized…
KARACHI: The Managing Committee of Karachi Chamber of Commerce & Industry (KCCI), in its meeting held on Thursday, unanimously elected Muhammad Idrees as President KCCI for 2021-22 while Abdul Rehman…
KARACHI: A Custom Appellate bench of High Court of Sindh (SHC) disposed of two suits after counsel for plaintiff side submitted a statement for disposal. The bench disposing off Suit…
KARACHI: Federal Board of Revenue (FBR) has directed four oil marketing companies (OMCs) to remove smuggled goods including cigarettes from their retail outlets or else their officials would be vulnerable…
KARACHI: Customs Intelligence and Investigation (Karachi I&I) has seized large quantity of smuggled goods and non-duty-paid vehicles worth Rs64.9 million in the week ended September 19, 2021. Consequent upon receipt…
KARACHI: Upon directions of Federal Board of Revenue (FBR) and Director General IPRE Rubab Sikander, IPRE South intensified its anti-counterfeit drive, and accelerated anti-counterfeiting drive by carrying out risk analysis…
KARACHI: Customs staff posted at Jinnah International Airport (JIAP), Karachi intercepted a passenger zahid khalil resident of Karachi arriving from Dubai by Emirates Flight and recovered hundreds of precious diamonds…
KARACHI: The office of the Director General Trade Organizations (DGTO) has asked the All Pakistan Customs Agents Association to comply with the order of High Court of Sindh dated 21-09-2021.…
KARACHI: Federal Tax Ombudsman (FTO) has expressed his displeasure over the behavior of FBR chief commissioners and chief collectors for not examining the correspondence made by their sub-ordinate offices with…
KARACHI: Hearing a Special Customs Reference Application (SCRA) filed by Collector of Customs against order passed by Special Customs Appellate Tribunal and connection Constitution Petition filed by importer/exporter, a custom…
Emirates SkyCargo is launching a new technical solution for its customers that will enhance user experience and the efficiency of the booking process for cargo shipments. Working with WiseTech Global,…
KARACHI: Passing another order Director General Trade Organisations (DGTO) on Tuesday allowed. All Pakistan Customs Agents Association (APCAA) to hold elections under revised schedule subject to fulfillment of certain directions.…
QUETTA: Customs Gwadar foiled smuggling attempt and seized large quantity of foreign origin goods at Panjgore, worth millions of rupees. The seized goods include 15,000 Irani fuel, foreign origin edible…
PESHAWAR: The staff of Customs Appraisement Peshawar intercepted one Mercedes Benz (22-wheeler) loaded with tomatoes, and during rummaging recovered large quantity of old and used foreign origin pistols and accessories…