Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Federal Board of Revenue (FBR) is bound to provide revenue data collected by customs and Inland Revenue separately to International Monetary Fund (IMF) within seven days of each…
KARACHI: Clearing agents have urged the governor of State Bank of Pakistan (SBP) and the president of National Bank of Pakistan (NBP) to make operational five branches as announced recently…
KARACHI: The State Bank of Pakistan (SBP) has said that there is urgent need to clampdown on corruption and leakages in the tax collection machinery for increasing the tax to…
KARACHI: In a major reshuffle of senior officers of Inland Revenue Service (IRS), the Federal Board of Revenue (FBR) has notified transfers and postings of BS-20 and BS-21 officers, a…
KARACHI: Pakistan Economy Forum, in a letter to Nasir Masroor, Chief Collector Appraisement South, notes that non-professional attitude of terminal operators as well as Customs Department was causing serious losses…
KARACHI: The Federal Board of Revenue (FBR) on Monday said that the officials could avail leave or rest in phases as to achieve budgetary targets of tax collection in months…
KARACHI: Model Customs Collectorate of Appraisement (East) has given order for redistribution of work to additional collectors with immediate effect until further orders, an office order said on Monday. The…
KARACHI: The Model Customs Collectorate of Appraisement (East) on Monday redistributed work amongst assistant collectors and deputy collectors with immediate effects until further orders. According to an office order, the…
KARACHI: Pakistan Customs collected customs duty to the tune of Rs200.276 billion for the year ended June 30, 2014 against the dutiable import of Rs1,832 billion accounting for effective duty…
KARACHI: Model Customs Collectorate of Appraisement (West) has re-distributed work amongst their additional collectors, with immediate effects until further orders. The following are additional collectors with their assigned tasks: Additional…
KARACHI: Model Customs Collectorate (MCC) of Appraisement (West) has assigned jobs to principal appraisers with immediate effect until further orders, an office order said. The following principal appraisers are included:…
KARACHI: Model Customs Collectorate (MCC) Appraisement (West) has ordered for re-distribution of work of their assistant collectors and deputy collectors with immediate effect until further orders. The following assistant and…
KARACHI: The Federal Board of Revenue (FBR) has made mandatory the collection of withholding tax at the time of registration of imported vehicle. According to the Finance Act, 2014 passed…
KARACHI: The Federal Board of Revenue (FBR) has issued special procedure for the goods (stationary, foods, parts for bicycles) specified in serial number 12 of the Fifth Schedule of Sales…
KARACHI: The Federal Board of Revenue (FBR) on Thursday amended the Sales Tax Special Procedure Rules, 2007 to impose sales tax on retailers as announced in the federal budget 2014/2015.…
KARACHI: The following officers of Pakistan Customs Service have assumed the charge as Additional Collector / Additional Director / Secretary, Federal Board of Revenue (FBR) on their promotion in BS-19…
KARACHI: The Directorate General of Intelligence & Investigation-FBR has lodged an FIR against the proprietor and staff of M/s A-Z Corporation and M/s L.J Corporation for being involved in the…
KARACHI: The R&D Appraisement West has lodged FIR against certain importers who were taking undue advantage of SRO 670 (I)/2013 and evading the entire sales tax of 17 percent on…
KARACHI: The Sindh high Court has stayed Directorate General of Intelligence and Investigation, FBR from taking any coercive action against M/s First Lock Enterprises pursuant to the FIR lodged against…
KARACHI: The State Bank of Pakistan (SBP) has announced that all commercial banks will observe Monday, June 30 as normal working day for collection of duty and taxes to facilitate…