Category: World News

KARACHI: Member Customs Mohammad Zahid Khokhar and Chief Collector Abdul Rasheed Shaikh has advised the collectorates in South region to effectively pursue inter-collectorate information sharing pertaining to mis-declaration, misuse of…

KARACHI: Federal Board of Revenue (FBR) has notified transfers and posting of two principal appraisers and one appraiser with immediate effect. Principal Appraisers Muhammad Ibrahi and Asad Aleem, Appraising Officer…

KARACHI: Model Customs Collectorate, Gwadar has been making all of efforts to ensure uprooting of smuggling of non-duty paid and contraband items in its jurisdiction. In order to curb menace…

KARACHI: Karachi Customs Agents Association (KCAA) discussed various issues facing traders at a meeting held with Collector MCC Appraisement West. Collector MCC Appraisement West assured to post additional strength of…

KARACHI: Karachi Customs Agents Association (KCCA) at a meeting at MCC Preventive has highlighted the issue of congestion charges being charged by various shipping lines at KICT. The meeting was…

KARACHI: Directorate of Customs Valuation has revised the customs values of replacement automotive safety glass/ windscreen vide Valuation Ruling No. 1118/2017. The customs values of replacement automotive safety glass/ windscreen…

KARACHI: Directorate of Customs Valuation has revised the customs values of Aluminum Radiators vide Valuation Ruling No. 1119/2017. The customs values of Aluminum Radiators were earlier determined vide Valuation Ruling…

KARACHI: State Bank of Pakistan (SBP) has Friday released its Second Quarterly Report for FY17 on the State of Pakistan’s Economy. The Report says that the overall economic environment remains…

KARACHI: With the approval of Collector MCC Appraisement East Ashhad Jawwad, the Customs Classification Committee has decided that ‘poultry by-product meal’ is appropriately classifiable under HS Code 2309.2090. MCC Port…

KARACHI: Directorate of Customs Valuation has determined the customs values of filter paper for tea bags vide Valuation Ruling No.1099/2017. Reference values of filter paper for tea bags were earlier…

KARACHI: Directorate of Customs Valuation has determined the customs values of hot and cold water dispenser vide Valuation Ruling No.1098/2017. Customs values of hot and cold water dispenser were earlier…

KARACHI: Directorate of Customs Valuation has determined the customs values of virtual reality glass (low end brands) vide Valuation Ruling No.1097/2017. Reference values of virtual reality glass/Box 2.0 were earlier…

KARACHI: The Directorate of Post Clearance Audit has made remarkable performance in the month of February 2017 and detected 97 cases involving revenue of Rs466.507 million. Post Clearance Audit headed…

KARACHI: Directorate General Customs Valuation devised a plan to streamline values of importable values to check under-invoicing, which is not only causing revenue loss to the exchequer, but it also…

KARACHI: The Directorate of Post Clearance Audit Karachi has detected evasion of additional customs duty of Rs25.88 million by the exploration and production (E&P) companies. This case is an addition…

KARACHI: Directorate of Customs Valuation has determined the customs values of Set Top Box, TV Tuner and Android TV Box vide Valuation Ruling No.1063/2017. Reference customs values of Set Top…

KARACHI: Directorate of Customs Valuation has determined the customs values of assorted medical items and equipment vide Valuation Ruling No.1062/2017. Reference customs values of different medical items and equipment were…

KARACHI: Customs I&I Karachi has detected huge duty/tax evasion by a local cement manufacturer by way of under-declaring the value of clinker imported from Iran. On the information of Director…

KARACHI: The Federal Board of Revenue (FBR) has notified transfers and postings of Pakistan Customs Service (PCS) under Grade-21 and Grade-20. Chief Collector Customs Appraisement Abdul Rashid Sheikh (Pakistan Customs…