Pakistan Customs, Tax, Shipping & Business News Resource
Karachi: BYD, the world’s leading New Energy Vehicle (NEV) manufacturer, will join forces with Mega Motor Company (Private) Limited, a subsidiary of Hub Power Company Limited (HUBCO), to host a…
KARACHI: The Oil and Gas Regulatory Authority (OGRA), in collaboration with the Government of Sindh, the District Government, and law enforcement agencies, has successfully halted the illegal mixing of CO2…
KARACHI: A constitutional petition filed by Messer’s Oceana Traders seeking implementation of an Order in Appeal passed by Collector of Appeals was disposed off here on Monday by Custom Appellate…
Chaman: In a recent press conference, former leaders of the Chaman Chamber of Commerce and Industry highlighted the severe impact of ongoing protests in Quetta on Pak-Afghan bilateral trade. Haji…
Lahore: Cement despatches declined by 6.81% in July 2024. Total Cement despatches during July 2024 were 3.010 million tons against 3.230 Million Tons despatched during the same month of last…
Karachi: Collectorate of Customs Enforcement Karachi cracked down on a major smuggling operation involving illicit diesel trade. Acting on a tip-off from Collector Basit Abbasi to Additional Collector Dawood Pirzado,…
Quetta: Quetta Customs Intelligence set ablaze confiscated prohibited items valued at more than Rs5 billion. These goods, which had been in their possession for several years, were finally destroyed in…
Islamabad: Pakistan’s leading digital microfinance bank, Mobilink Bank strengthens its commitment to women’s economic empowerment with the launch of Pakistan’s first-ever industry-specific incubation program designed exclusively for women entrepreneurs. This…
KARACHI: The research collection of extremely rare tickets by renowned businessman and philatelist Arif Balgamwala, who holds the Tamgha-i-Imtiaz in Philately, has garnered significant acclaim at the ongoing “My Karachi”…
KARACHI: A custom appellate bench of High Court of Sindh (SHC) restrained the respondent Custom Appellate Tribunal from taking coercive action against respondent Collector of Customs SAPT. Sardar Zafar Hussain…
The total liquid foreign reserves held by the country stood at US$ 14,391.7 million as of 26-July-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves…
Quetta: The MCC Quetta Collectorate faced a significant legal challenge as 72 appeals were filed against it, predominantly concerning the release of sugar. In a decisive move, the Collector Appeals…
KARACHI: With help of newly introduced Highly-Sophisticated Digitalization Initiatives/IT Systems introduced by Prime Minister of Pakistan in FBR as per Reforms Agenda, the FBR’s Directorate of Internal Audit-Inland Revenue Karachi…
KARACHI: Director General Customs Intelligence and Investigation Ali Raza Hanjra has advised all directorates to promptly undertake disposal/destruction of seized goods, which are hazardous in nature. Destruction of seized goods…
KARACHI: Federal Tax Ombudsman (FTO) has initiated an own motion investigation under the Federal Tax Ombudsman Ordinance. This investigation addresses the alarming issue of large quantities of goods, including currency,…
Karachi (PR), Mr. Mehmood ul Hasan Awan, General Secretary of the Karachi Customs Agents Association (KCAA), announced through a press release that the KCAA’s Annual General Election for the term…
KARACHI: The Customs & Sales Tax Practitioners Association (CSPA) held a meeting here at Karachi to take stock of complaints and representations against Presiding Officer of Special Custom, Taxation &…
KARACHI: Federal Board of Revenue (FBR) Chairman Amjad Zubair Tiwana will continue to serve in his position for 15 more days until his retirement. Tiwana had sought premature retirement, which…