Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: ASO of Directorate of Customs Intelligence and Investigation Karachi seized 50,000 liters of smuggled High Speed Diesel (HSD) worth Rs5.079 million and lodged an FIR. Director I&I Karachi Yaqoob…
KARACHI: Directorate of Customs Intelligence and Investigation Karachi has lodged an FIR against several persons including an Assistant Collector and an Examination Officer for colluding with the iron and steel…
KARACHI: The Federal Board of Revenue (FBR) has notified that the funds allocated under the heads of stipend, incentive, awards and allied expenditure through budget grant, supplementary grant and re-appropriation…
ISLAMABAD: The Cabinet Implementation Committee (CiC) for Re-organizing the Federal Government has directed the Finance Division to abolish all posts that have remained vacant for more than one year in…
LAHORE: Customs Enforcement Central Region has collected Rs 4.172 billion Customs duty, which is more than double than the assigned target of Rs 1.891 billion in June 2020. The collection…
KARACHI: The Ministry of Finance and Revenue has levied additional customs duty on import of goods specified in the First Schedule in range of 2.0 percent to 7.0 percent. Additional…
KARACHI: Pakistan-UK Business Council of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has elected nine directors of its Board for the year 2020. Council had received twenty…
HYDERABAD: Keeping in line with the directions of Director General Abdul Rasheed Sheikh to curb the menace of smuggling, Director Intelligence & Investigation Hyderabad Dr. Sadiqullah Khan directed ASO staff…
KARACHI: MCC Appraisement West collected Rs15.5 billon as Customs Duty during the month of June 2020 against the target of Rs12.87 billion thereby exceeding target by 20 percent. Overall revenue…
KARACHI: The Federal Board of Revenue (FBR) has notified that claims of duty drawback shall be sanctioned by the Customs if the same are complete in all respect and on…
KARACHI: In view of the terrorist attack on Pakistan Stock Exchange and possible targeting of other institutions, security has been beefed up at the Custom House Karachi. On the directives…
KARACHI: Anti-Smuggling Organization (ASO) at Air Freight Unit (AFU) has tightened monitoring of courier parcels and during the process seized large quantity of Boostim injections worth million of rupees. In…
KARACHI: Federal Board of Revenue FBR has notified transfers and postings of officers of Pakistan Customs Service. Accordingly, Suriya Ahmed Butt (BS-21) is given the additional charge of Director General…
KARACHI: Federal Board of Revenue (FBR) on Friday notified promotions of customs officials to the post of Assistant Collector (BS-17) in the Pakistan Customs Service with immediate effect and until…
KARACHI: Anti-smuggling Organization (ASO) of Customs Intelligence and Investigation Karachi, in a joint operation with Police, has recovered huge quantity of smuggled goods from warehouses in Yusuf Goth, which is…
KARACHI: Prime Minister Imran Khan has allowed disbursement of honorarium equal to one basic pay only for the officers of Inland Revenue Service and Pakistan Customs Service. However, the disbursement…
KARACHI: At its meeting on 25th June 2020, the Monetary Policy Committee (MPC) decided to reduce the policy rate by 100 basis points to 7 percent. This decision reflected the…
KARACHI: Faced with stuck-up export receipts, depreciating currency and higher costs, the business community is quite unsure about the future and calls for tailored-made policies primarily focused at keeping the…
KARACHI: Directorate of Post Clearance Audit (PCA) has lodged 283 Contravention Reports (CRs) against 14 IT and computer equipment importers involving revenue evasion and money laundering of Rs1.354 billion. The…
PESHAWAR: Customs Intelligence and Investigation Peshawar has seized 20kg of foreign origin heroin powder, which was being transported to Punjab from FATA in a Suzuki Liana car and a Shahzore…