Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Model Customs Collectorate (MCC) of Appraisement (West) has issued directives to all deputy and assistant collectors to facilitate the persons selected by the Federal Board of Revenue (FBR) under…
KARACHI: Owing to political tension in the country and irritants in e-filing the Federal Board of Revenue (FBR) has further extended the last date for filing sales tax/Federal Excise Duty…
KARACHI: In order to improve transparency and efficiency in vehicle clearance process, all imported motor vehicles (new & old) would be cleared under the newly developed WeBOC system. Motor vehicle…
KARACHI: The Customs authorities have notified that all FCL cargo including consignments of scrap, being shifted to KPT area and off dock terminals, shall be manifested as CY/FCL in view…
KARACHI: The MCC Appraisement-East has laid down the procedure for allowing permission for examination of imported goods by the importer/clearing agent prior to filing of Goods Declaration (GD). The procedure…
KARACHI: The Customs Adjudication has served a Show Cause Notice to M/s Reliance Importer & Exporter along with clearing agent M/s Reliance International, Quetta for evading government legitimate revenue to…
KARACHI: The Federal Board of Revenue (FBR) has been informed that taxpayers would not able to comply the last date of August 25, 2014 for filing sales tax return for…
KARACHI: Pakistan Customs Drug Enforcement Cell – DEC, Karachi Airport Unit recovered and seized 570 grams heroin powder concealed in trolley bag and footwear of a passenger. According to details,…
KARACHI: The Sindh Revenue Board (SRB) has updated the list of services under provincial sales tax where input tax credit / adjustment is not admissible. The notification is updated in…
KARACHI: The Federal Board of Revenue (FBR) on Tuesday notified posting and transfers of senior officers of Pakistan Customs Services with immediate effect. According to the notification, Tariq Ahad Nawaz,…
KARACHI: Deputy Collector Group-II has raised recovery of Rs5.766 million on 14 GDs as a result of post-release verification (PRV) in one month. Following are details regarding GDs on which…
KARACHI: The Collector MCC Appraisement-West, Mohammad Saleem has notified re-shuffling of appraisement and examining staff within the collectorate. Principal Appraisers/officiating Principal Appraisers who have been transferred include Abdul Qayyum from…
KARACHI: Pakistan International Container Terminal (PICT) has declared a cash dividend of Rs5.0 per share for the half-year ended June 30, 2014. PICT announced a profit after tax of Rs1.071…
KARACHI: The Federal Board of Revenue (FBR) has said that under sales tax laws all wholesalers and dealers prescribed as withholding agents are liable to get sales tax registration. In…
KARACHI: Model Customs Collectorate of Appraisement (East) has issued an examination alert on assessment of Zinc Sulphate over claiming zero – rating on non-feed grade. The alert is issued by…
KARACHI: The Federal Board of Revenue (FBR) has clarified the procedure for exemption from withholding tax on payment by resident to non-resident person and a resident applying for exemption from…
KARACHI: Ministry of Commerce has said that Chinese certifying authority can only assess the eligibility of a product for certificate of origin in case of import into Pakistan. In a…
KARACHI: The Khyber Pakhtunkhwa Revenue Authority has announced to extend the last date for payment and filing of sales tax on services up to August 22, 2014. In an order…
KARACHI: The Federal Board of Revenue (FBR) has extended the last date for one week for payment of sales tax and federal excise duty and filing of sales tax/federal excise…
KARACHI: Pakistan Customs Drug Enforcement Cell, Jinnah International Airport Unit on Friday recovered and seized 6 Kg Heroin powder from an abandoned hand bag. According to details, the Customs Drug…