IRS officers association reacts over promotion deferment

KARACHI: Pakistan IRS Association (PIRSA) has expressed its reservations over “Reconsideration Note” and “Deferment Note” over the promotion of IRS officers recently. PIRSA believes that they are upright and bright officers and they maintain high level of integrity during their career. They have been receiving outstanding ACRs. It is clear… Continue reading

Customs values of festive snow spray determined

  KARACHI: Directorate of Customs Valuation has revised the customs values of festive/Christmas snow spray vide Valuation Ruling No.1054/2017. The reference values of festive/Christmas snow spray were earlier notified vide Valuation Database letter. Some importers approached the Directorate General and requested to revisit the values and issue a Valuation Ruling… Continue reading

Customs values of printing plates, CTCP and CTP UV Plates revised

KARACHI: The Directorate of Customs Valuation has revised the customs values of presensitized printing plates, CTCP and CTP UV Plates vide valuation ruling no. 1041/2017. The customs values of printing plates, CTCP and CTP UV Plates were earlier determined vide valuation ruling no.396/2011. There were several representations from different commercial… Continue reading

Customs values of chemicals revised

KARACHI: The Directorate of Customs Valuation has revised the customs values of chemicals vide valuation ruling no. 1040/2017. The customs values of chemicals were earlier determined vide valuation ruling no.938/2016. There were several representations from different traders and trade bodies i.e. Pakistan Chemicals and Dyes Merchants Association for determination of… Continue reading

DG Customs Valuation re-initiates development of database values

KARACHI: Directorate General of Customs Valuation is re-initiating the development of database values of importable items, a process which was temporarily stopped after some reservations expressed by Chief Collector Appraisement South Abdul Rasheed Shaikh. Director General Customs Valuation in view of mass under-invoicing formed a plan ‘Tanveer Plan’ to secure… Continue reading

Shams Burney says stop lifting Afghan transit cargo

KARACHI: All Pakistan Customs Bonded Carrier Association has advised all bonded carriers to immediately stop lifting all Afghan Transit cargo. Chairman Assocaition Shams Burney said that after the incident of August 14, 2016, Chaman border is closed for the transportation of all type of transit cargo to and from Afghanistan…. Continue reading