Promoted customs officers assume charge
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…
Contrabands worth millions of dollars seized; DG I&I directs to involve R&D East into investigation
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…
R&D Appraisement West lodges FIRs against importers taking undue advantage of SRO 670
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…
SHC stays FIR lodged by DG I&I FBR
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…
Commercial banks to remain open on June 30 (today) for collection of duty/tax: SBP announces
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…
M/s Sultan Enterprises penalized for mis-declaration and concealment of goods imported
KARACHI: The Collector of Customs Adjudication has imposed a fine of Rs296,999 long with a penalty of Rs150,000 on M/s Sultan Enterprises Import & Exporter for mis-declaration of items enlisted…
Seniority list of BS-19 IR joint directors issued
KARACHI: The Federal Board of Revenue (FBR) has issued a final seniority list of joint Director (BS-19) officers of its cadre (EX-CADE) of Inland Revenue, a notification said on Saturday.…
Customs foils a bid to smuggle mobile phones into the country, makes one arrest
KARACHI: The Customs Authorities have foiled a bid to smuggle mobile phones worth Rs20 million into the country and arrested a passenger in this regard. Following the directives of Tariq…
MCC Appraisement (East) issues tariff classification for thermoplastic rubber
KARACHI: Model Customs Collectorate Appraisement (East) has issued tariff classification for thermoplastic rubber after the dispute arising between importers and customs officials over the valuation. It is notified that the…
KPT announces working hours during Ramazan
KARACHI: Karachi Port Trust (KPT) has announced the operational working hours of Wharves and Karachi Dock Labour Board (KDLB) for the month of Holy Ramazan-ul-Mubarak. According to the new schedule…
Collection of duty, taxes on June 28, 29, 30
KARACHI: The Federal Board of Revenue has notified that the authorized branches of SBP, National Bank of Pakistan (NBP), commercial banks and NIFT would remain open on June 28, 29,…
Alert issued regarding import of counterfeit packing material
KARACHI: The Collector of Customs MCC Port Qasim, Dr. Jawwad Uwais Agha has issued an alert to South Appraisement regarding import of counterfeited packing material keeping in view that counterfeits…
41 customs officers promoted to BS-19
KARACHI: The Federal Board of Revenue on Thursday announced the promotion of BS-18 officers of Pakistan Customs Service to the post of Additional Collectors (BS-19) with immediate effect. The officers…
Complaint lodged against tax auditor for demanding bribe; harassing taxpayer
KARACHI: The Federal Board of Revenue (FBR) has received a complaint against Officers of Inland Revenue Services (IRS) for demanding bribe and visiting business premises along with private persons for…
Mis-declaration, misuse of SROs; FIRs to be booked against over a dozen fabric importers
KARACHI: The Model Customs Collectorate of Appraisement-West is all set to lodge FIRs against over a dozen importers for evading duty and taxes through mis-declaration and claiming undue benefit of…
TIP provides evidence against auditors: PM, FBR chairman urged to take action against corrupt tax officials
KARACHI: Transparency International Pakistan (TIP) has urged the prime minister to intervene into the affairs of the Federal Board of Revenue (FBR) where rampant corruption is eating billions of public…
Customs House Port Qasim gets official status after 20 years
KARACHI: The Federal Board of Revenue (FBR) has officially declared the premises on Port Qasim Road as the Customs House Port Mohammad bin Qasim. The premises was originally a dispensary…
Income Support Levy withdrawn on anger of rich
KARACHI: The tall claims of the government of pro-poor budget exposed as it witdrew the income support levy on the pressure of rich class of the country as they had…
RTO-1 Karachi officials directed not to impose penalty without hearing taxpayers
KARACHI: Dr. Muhammad Irshad, Chief Commissioner of Regional Tax Office (RTO-1) Karachi has directed the field formation not to impose penalty without hearing taxpayers. In a letter circulated to the…
FBR issues 822,636 active taxpayers list for income tax deduction at source
KARACHI: The Federal Board of Revenue (FBR) on Thursday issued a list of 822,636 active taxpayers for income tax deduction at source. The FBR issued the details including name, CNIC…