Auction for confiscated diesel/petrol on June 3
KARACHI: Pakistan Customs to conduct an auction of confiscated diesel and petrol on June 3, 2014 at Model Customs Collectorate (Preventive), Karachi, a notification said. It is to inform that…
Customs demolishes 64 petrol-pumps in two-day campaign
KARACHI: The Pakistan Customs in a joint operation with City Administration and Police has demolished as many as 64 fuel stations, which were selling smuggled petrol/diesel causing loss to national…
Campaign against smuggled petroleum products; 21 fuel stations demolished, 43 more to go
KARACHI: The joint team of Pakistan Customs, Police and City Administration has demolished 21 petrol pumps in the city, which were selling smuggled petroleum products, while 43 more petrol pumps…
Duty collection on import of oil products misses the target by 17 percent
KARACHI: The collection of revenue in terms of duty and taxes on the import of oil including petroleum and edible oil remained 17 percent short of the target during October…
Confiscated diesel/petrol auction on December 19
KARACHI: The auction of confiscated diesel/petrol will be held on December 19, 2013 at Model Customs Collectorate of Preventive, Custom House, Karachi. According to notification, around 217492 liters seized diesel/petrol…
FBR directs collectorates to curb LPG smuggling
KARACHI: Federal Board of Revenue (FBR) has directed all the customs collectorates to prevent illegal import of LPG through Pakistan-Iran and Pakistan-Iran border as substandard smuggled LPG is threat to…
Pakistan Atomic Energy Commission imports by classified persons
KARACHI: Pakistan Atomic Energy Commission has asked the Collector of Customs Appraisement West to allow clearance of PAEC imports to classified firms. The PAEC requested Pervaize Commerical Trading Company and…
Directorate of Customs Valuation revises customs values of engine/gasoline/transmission oil
KARACHI: The Directorate of Customs Valuation has re-determined the customs values of brake fluid to reflect the current price trends in the international markets as the last valuation ruling in…
Supreme Court admits Additional Commissioner IRS competent to issue notice under section 122(5A) of Income Tax Ordinance, 2001
KARACHI: The Supreme Court of Pakistan has admitted Additional Commissioner Inland Revenue (IRS) as the competent authority to issue notice a taxpayer under section 122(5A) of the Income Tax Ordinance…
Customs official directed to prevent import of ozone depleting substances
KARACHI: Pakistan customs Wednesday directed the officials to prevent import of products resulting in rapid depletion of ozone layer. The customs authorities circulated a fresh list of the most common…