Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Customs Enforcement authority has formally notified new Standard Operating Procedures (SOPs) for escorting Transit (AT) and Transhipment (TP) cargo. The detailed SOPs, including specified routes and deployment plans…
KARACHI: The MCC Appraisement West has filed an FIR against M/s M.A.C. Steel Corporation and M/s Pakistan Steel Import Company for the illegal removal of goods from a Customs bonded…
KARACHI: In an effort to enhance the efficiency and security of bonded cargo movement, the Directorate of Transit (HQ) in Karachi has introduced new Standard Operating Procedures (SOPs) for the…
KARACHI: The Directorate of Transit Trade has rolled out new guidelines to enhance the transportation of transit, transshipment, and Karachi Export Processing Zone (KEPZ) cargo. Effective from January 1, 2025,…
Karachi: Federal Board of Revenue (FBR) has assigned a new batch of Assistant Collectors (Probationers) from the 51st Common Training Program (CTP) to various Collectorates across Pakistan. The following Probationary…
KARACHI: Pakistan Customs has ended its contract with TPL Tracking Company, and has issued a new Standard Operating Procedure (SOP) for the movement of bonded cargo. This move comes as…
KARACHI: The Businessman Panel Progressive Core Committee has elected Saquib Fayyaz Magoon as the Chairman of BMP Progressive. Other elected office-bearers include Senior Vice Chairman Dr. Jasu Mal Leemani, Secretary…
The total liquid foreign reserves held by the country stood at US$ 16,408.7 million as of 27-Dec-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves…
According to the data released by All Pakistan Cement Manufacturers Association (APCMA), local cement despatches by the industry during the month of December 2024 were 3.370 million tons compared to…
Islamabad: Global digital operator VEON Group reaffirms its confidence in the growth potential of Pakistan’s microfinance sector and Mobilink Bank by investing USD 15 million in fresh capital to drive…
KARACHI: Pakistan Tax Bar Association (PTBA) has requested the Chairman Appellate Tribunal (Inland Revenue) to form a larger bench in view of conflicting judgments passed by Appellate Tribunal in respect…
KARACHI A high-level delegation from the Employers’ Federation of Pakistan (EFP), led by Mehmood Arshad, Board Member and Chairman of the EFP Economic Council, visited the Turkish Embassy in Islamabad…
KARACHI: In a recent notification, Chief Collector Appraisement South, Jameel Nasir, announced that Appraising Officers at the Faceless Customs Assessment (FCA) will now work in two shifts. This decision aims…
Karachi: In a major crackdown on import fraud, Customs Appraisement West has filed a First Information Report (FIR) against M/s Cosmix Engineering and M/s Elegant Enterprises for allegedly grossly mis-declaring…