Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: A custom appellate bench of High Court of Sindh ordered implementation of a judgment passed by Special Customs Appellate Tribunal in favor of one Muhammad Bux, an importer. Rana…
KARACHI: Pakistan is faced with a serious political crisis which has the potential to transform into a constitutional crises. The President of Pakistan is under obligation to summon the meeting…
MULTAN: The Collectorate of Customs, Enforcement, Multan has intensified its anti-smuggling operations against illegal goods and vehicles in the country, as part of the Federal Board of Revenue’s (FBR) drive…
Workers’ remittances recorded an inflow of US$2.4 billion during Jan 24. In terms of growth, during Jan 24, remittances increased by 0.6 percent on m/m and 26.2 percent on y/y…
The State Bank of Pakistan (SBP) on February 12, 2024 has cancelled the authorization/license of M/s. PBS Exchange Company (Pvt.) Limited on account of contraventions of the relevant laws and…
Learn360, a leading provider of Learning Management Systems (LMS), made waves at the Bett 2024 education technology conference in London, UK, earlier this month. Learn360 not only showcased its award-winning…
Karachi: Pakistan’s Dellsons Group has signed an agreement with the Nepal Internet Foundation to build the freelancing ecosystem in Nepal, including a nationwide association, capacity-building programs, and conferences for freelancers.…
Karachi: The Aga Khan University Hospital (AKUH) launched its Second Opinion service platform on Monday, February 12, 2024. With this launch, patients from across Pakistan and around the world will…
A recent investigation has revealed that a large amount of tea imported under the name of Azad Kashmir is being smuggled into other parts of Pakistan, causing a huge loss…
Karachi: Dozens of yarn containers imported from Dubai are lying unclaimed at Customs Appraisement West, East and Port Qasim, after a hold was placed on yarn consignments from UAE. The…
KARACHI: If an owner comes up with explanation, the burden of proof is shifts on to custom authorities in terms of section 187 of the Customs Act, 1969 and has…
SARGODHA: Customs Enforcement Sargodha has lodged an FIR against four Customs officials for allegedly stealing high-value goods from an intercepted truck and replacing them with expired and damaged goods. According…
The total liquid foreign reserves held by the country stood at US$ 13,097.6 million as of 2-Feb-2024. The break-up of the foreign reserves position is as under: Foreign reserves held…
KARACHI: Two Special Custom Reference Application filed by Director, Directorate of I&I, Hyderabad were allowed by the Customs Appellate bench of High Court of Sindh impunging orders of Customs Appellate…
Karachi: In a major crackdown on smuggling, the Collectorate of Customs Enforcement in Karachi seized a large quantity of foreign-origin Crockery, Plastic Dana and Plastic Shoppers from two godowns in…
KARACHI: All is set for polls tomorrow across the country despite increased attacks by terrorist, the latest being the two bomb attack one in Khano Zai, and another in Qila…
Karachi: Provisional release of imported goods in cases of dispute over assessment on the basis of Valuation Ruling challenged by importers becomes impossible after recent judgment of Supreme Court of…
The Customs Intelligence and Investigation (CII) has seized smuggled goods worth Rs952 million in 95 different cases in January 2024. I&I Karachi, under the instructions of Director General Faiz Ahmed,…
A case of smuggling of foreign origin goods from a customs warehouse in D.G. Khan has been exposed, involving some customs officials and a notorious smuggler. The goods, which included…
The State Bank of Pakistan will remain closed on February 8, 2024 (Thursday) being public holiday in the country as notified by the Election Commission of Pakistan to enable the…