Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Federal Board of Revenue (FBR) has notified on Wednesday that all the Superintendent Customs, Superintendent Preventive Services and Principal Appraisers who were allowed time scale BS-17 are entitled…
KARACHI: The Federal Board of Revenue (FBR) has notified Procedures for assessment oversight committee for all cases of settlement under Section 122D of the Income Tax Ordinance. The Procedures for…
KARACHI: Federal Board of Revenue (FBR) has notified promotions of three Inland Revenue Service (IRS) officers into BS-22 According to a notification issued October 29, 2020, in pursuance of approval…
ISLAMABAD: The Federal Board of Revenue (FBR) collected Rs1.33 trillion in taxes during the first four months of the current fiscal year. The July-October tax collection target of Rs1.322 trillion…
KARACHI: Director General Customs Valuation Zulfikar Ali Chaudry has upheld the Valuation Ruling No.1450/2020 maintaining the said Valuation Ruling has been issued in accordance with the provisions of law and…
KARACHI: MCC JIAP has submitted the interim charge sheet in the Special Court of Customs & Taxation against several accused for attempting to defraud government and evade taxes on the…
SUKKUR: Regional Tax Office (RTO) Sukkur has posted an unprecedented growth of 60 percent in revenue collection for September, owing to opening up of economic activities in the area and…
KARACHI: The National Steel Advisory Council(NSAC) in a letter to Mr. Muhammad Javed Ghani, who is currently serving as the Chairman FBR, highlighted the importance of Pakistan’s steel sector and…
KARACHI: Federal Board of Revenue (FBR) collected Rs1.004 trillion during the first quarter ( July – September 2020) 4.68% higher as against Rs959 billion collected in the same quarter of…
KARACHI: MCC Appraisement West has notified the members of the Integrity Committee formed at the Collectorate in compliance with the directives of Federal Board of Revenue (FBR). The MCC Appraisement…
KARACHI: Anti-Smuggling Organization (ASO) of MCC Preventive Karachi raided markets and warehouses in Lyari and Korangi, and recovered large quantity of smuggled goods including cloth and betel nut worth millions…
KARACHI: ASO of Customs Intelligence and Investigation Hyderabad has seized 17 tons of Indian origin artificial jewelry worth Rs29 million, and betel nut worth Rs21 million. Under the directives of…
KARACHI: Aasim Siddiqui has been elected unopposed as Chairman of All Pakistan Shipping Association (APSA) for the year 2020-2021 at the Annual General Meeting held on September 21, 2020. APSA…
KARACHI: Directorate General of Customs Intelligence and Investigation has reshuffled Superintendents, Intelligence Officers and Appraising Officers within Directorate General with immediate effect.
Export Policy Order 2020 Export Policy Order 2020
Import Policy Order 2020 Import Policy Order 2020
KARACHI: The State Bank of Pakistan (SBP) has eased 100 percent cash margin requirement on the import of 106 items (raw material) to support manufacturing and industrial sectors and further…
KARACHI: The Federal Board of Revenue (FBR) has sanctioned cash reward for Port Control Unit (PCU) officers/officials for an unprecedented joint international counter narcotics operation. The FBR has sanction 3-month…
QUETTA: Customs Intelligence & Investigation Quetta has seized 12.5 tons of monosodium glutamate (made in China), which is prohibited to be imported into the country. Federal Board of Revenue (FBR)…
ISLAMABAD: Chief Collector Customs Dr. Asif Mahmood Jah, who is appointed in-charge of the Integrity Management Cell (IMC), has advised all field formations of Federal Board of Revenue (FBR) to…