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…
Pakistan Customs, Tax, Shipping & Business News Resource
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…
KARACHI: Transfers and postings list of Pakistan Customs Services (PCS) Officers of BS17-18-19-20 have been issued by the Federal Board of Revenue (FBR) on Friday with immediate effect, until further…
KARACHI: Following recent promotions of Grade-19 officer of Pakistan Customs Service in Grade-20, several senior officers are going to attend their NIPA course. The officers leaving for NIPA Karachi include…
KARACHI: To facilitate the taxpayer the Federal Board of Revenue (FBR) has developed a new automated, risk-based registration system “RegSys†to further speed up the sales tax registration procedure, a…
KARACHI: The four Inland Revenue Services (IRS) Officers have been selected for internal job postings (IJP) by the Federal Board Revenue (FBR) as on special pay position in form of…
KARACHI: The Federal Board of Revenue (FBR) has updated final inter-se-seniority list of 38th CTP officers of Inland Revenue Services (IRS), a notification issued on Wednesday. The following officers are…
KARACHI: The Directorate General of Customs Valuation has revised the Customs values of light fitting & fixtures vide valuation ruling No. 638/2014. According to details, a reference from MCC Appraisement…
KARACHI: Pakistan Customs to conduct auction for left over lots of general cargo and vehicles will be commenced from March 3 to 8, 2014 lying at West Wharf, a notification…
KARACHI: Pakistan Customs to conduct auction of seized goods and vehicles on February 24, 2014 which are lying at Stateware House, Gaddani, a notification said on Tuesday. The auction-able goods…
KARACHI: The Federal Board of Revenue (FBR) on Monday issued a list of transfers and postings of 18 Inland Revenue Service (IRS) Officers of (BS 17-18-19-20) with immediate effects until…
KARACHI: The collector of customs (Appeals) has directed the adjudication to apply penal clauses with a judicious mind and unbiased attitude and not as a matter of routine or based…
KARACHI: The Appellate Tribunal has rejected the revision application of an importer for reviewing the valuation ruling for ginger import. This revision petition was filed under section 25-D of the…
KARACHI: The Customs Appellate Tribunal, Karachi has ruled that the import of cotton blended ladies shirting fabric in roles from China shall be assessed at the rate of unit value…
KARACHI: The Collector of Customs (Appeals) has upheld the Customs value of bright yellow crude sulphur and determined by the Valuation Department and dismissed the appeals of a couple of…
KARACHI: The Collector of Customs (Appeals) has struck down the order-in-original passed by Customs Adjudication against one M/s Sattar Electronics and suspended the penalty/fine imposed on the importer. According to…
KARACHI: Director Audit Customs has identified that Model Customs Collectorate (MCC) Sukkur failed to dispose of seized goods including vehicles and perishable items worth Rs46 million approximately, risking the deterioration…
KARACHI: The Institute of Tender Management is conducting workshops from February 13 to educate the government officials including the staff of Pakistan Customs to educate them about the PPRA rules.…
KARACHI: The Audit and Inspection Report 2012-2013 has made audit observations highlighting non-recovery/loss/unauthorized use of public money amounting to Rs6.0 million approximately during the last fiscal year in Model Customs…
Karachi: Auction of fresh leftover lots of general cargo and fresh vehicles will be held on February 15, 2014 at East Wharf and NLCCT, Karachi respectively by Pakistan Customs. The…
KARACHI: The mystery of the missing mobile phones from the custody of Air Freight Unit (AFU) has been solved as 135 of the 189 missing mobile phones have already been…