Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Collector of Customs Enforcement Karachi, Mr. Moin-Ud-din Ahmad Wani, has spearheaded another significant operation in the fight against smuggling. Under his leadership, a dedicated team was constituted, led by…
KARACHI: Two identical constitution petitions filed by Volka Food International Ltd and Silver Lake Food Products Limited were disposed of here on Wednesday by a custom appellate bench of High…
KARACHI: A custom appellate bench of High Court of Sindh (SHC) ordered issuance of notices to the respondents for an unspecified date while suspending order passed by Judicial Member of…
KARACHI: An order passed by Custom Appellate Tribunal, Karachi directing Pakistan Customs to release a Toyota Cygnus Land Cruiser Jeep Model 2005 was suspended by a Custom Appellate bench of…
Pakistan’s IT sector has achieved a remarkable milestone, recording monthly IT exports of US$324 million in November 2024. This marks a 25% year-on-year (YoY) increase and a slight 2% decline…
KARACHI: The judgment passed by Custom Appellate Tribunal in favor of a claimant of smuggled goods dated 08.05.2024 in custom appeal no K-314 of 2024 was suspended by a custom…
KARACHI: A second contempt of court application filed by China Textile & Blanket Industry, Peshawar was dismissed by a Constitutional bench of High Court of Sindh comprising Justice Agha Faisal…
The Federal Board of Revenue (FBR) has announced the implementation of a Faceless Customs Assessment system through a Centralized Assessment Unit. Sharjeel Jamal, Convenor of the FPCCI Trade and Facilitation…
KARACHI: The Directorate of Law & Prosecution (Customs) under the Government of Pakistan has rolled out a new Litigation Management System (LMS) for cases fixed for hearing before superior courts.…
The State Bank of Pakistan (SBP) is gearing up to make a significant announcement on Monday, with analysts predicting a 200 basis point cut in interest rates. This expected reduction…
QUETTA: Muhammad Abubakar Durrani of Pakistan Customs Quetta 13-time National Champion demonstrated exceptional prowess by winning the Governor Balochistan Trophy National Sprint Canoeing Championship 2024 held in Quetta last day.…
KARACHI: In a decisive move, the Inland Revenue Service (IRS) of the Federal Board of Revenue (FBR) has taken disciplinary action against multiple officers and officials. According to a notification…
KARACHI: Jamil Nasir Chief Collector of Customs Appraisement Karachi informed that the Faceless Assessment System (FAS) is being implemented from 15th of December, 2024. All the goods declarations filed after…
KARACHI: Justice Babar Sattar of Islamabad High Court restrained the customs department from coercive recovery of Anti Dumping Duty upon imported Yarn while hearing a writ petition filed by Zaina…
KARACHI: Twenty seven Special Custom Reference Applications filed by owners of foreign origin cloth were dismissed by a custom appellate bench of Balochistan High Court comprising Justice Shaukat Ali Rakhshani…
KARACHI: The All Pakistan Textile Mills Association (Aptma) has called on the Federal Board of Revenue (FBR) to reassess the new customs system with input from the industry. In a…
Karachi: In a landmark anti-smuggling operation, the Collectorate of Customs Enforcement, Karachi, has achieved another significant milestone. Under the specific instructions of Collector of Customs, Mr. Moin Ud Din Ahmad…
In a decisive move to address the rampant issue of sales tax frauds, the Prime Minister has constituted a Joint Inquiry Team with immediate effect. The team comprises a diverse…
KARACHI: In a major stride towards enhancing transparency and efficiency in customs assessments, Pakistan’s Federal Board of Revenue (FBR) has launched the innovative Faceless Customs Assessment (FCA) system. This cutting-edge…
KARACHI: An FIR has been lodged before the Special Judge (Customs, Taxation & Anti-Smuggling-1) in Karachi, following a significant operation conducted by Customs authorities. Under the supervision of Chief Collector…