Pakistan Customs, Tax, Shipping & Business News Resource
Karachi: The Directorate General of Customs Valuation through Valuation Ruling No.596/2013 has determined the values of Toiletries low end and unknown brands up to $3.15 per kilogram for assessment and…
KARACHI: Model Customs Collectorate (MCC) of Appraisement West has announced team for liquidation of pending cases in Afghan transit trade, under which the cases of ISAF missing containers would be…
KARACHI: The Collector Adjudication has created demand of around Rs10 million against M/s A.J international for manipulation of invoice hence mis-declaration. Collector Adjudication via order in original (ONO) imposed a…
KARACHI: The Directorate General of Customs Valuation has set aside the corrigendum dated September 18, 2013 to Valuation Ruling No. 577/2013 that increased the customs values of uncoated offset paper…
KARACHI: The Federal Board of Revenue (FBR) on Friday said that about 1,189 new taxpayers added to the tax base during first quarter of current fiscal year against 30,533 notices…
KARACHI: All Model Customs Collectorates (MCCs) of Pakistan Customs will remain open on Saturday October 26, 2013 to facilitate the trade and industry in getting their cargo cleared for imports/exports…
KARACHI: Pakistan Custom has detected huge revenue losses incurred by its assessing officers posted in assessment hall by not applying notified valuation rulings. At least two out of 15 officers…
KARACHI: The Federal Board of Revenue (FBR) has set up Tax Facilitation Kiosks (TFKs) across the country within the jurisdiction of Regional Tax Offices (RTOs) to help taxpayers filing their…
KARACHI: Pakistan Customs has scheduled auction of fresh and leftover lots/cargo lying at NLC Container Terminal (NLCCT) on October 24, 2013. The auctionable lots include fishing weighing 19,820 Kgs; 12…
KARACHI: The judiciary is suppose to help the government in ensuring revenue in litigation cases that were decided in favour of department, but in Awami Tractor Scheme an amount above…
KARACHI: The Directorate General of Customs Valuation has revised the Customs Values of perfumes/eau de toilette, eau de cologne, personal deodorants and body spray with a view to reflect the…
KARACHI: The Model Customs Collectorate (MCC) of Appraisement has re-organized the Appraising Intelligence Branch (AIB) to meet the challenges raised by modern technology and act as an effective bulwark of…
KARACHI: The Federal Board of Revenue (FBR) has notified transfers and postings of 13 officers of Pakistan Customs Service (PCS) of Grade 17-18 with immediate effect. The Grade-18 officers transferred…
KARACHI: The auction of leftover vehicles would be held at Al-Hamd International Container Terminal (AICT) on October 12, 2013. These lots are leftover from the earlier auction of imported vehicles…
KARACHI: Collector Port Mohammad Bin Qasim, Dr. Agha Jawwad has proposed linking all the relevant stakeholder departments with the WeBOC system for improving dwell time while clearing pendency. In a…
KARACHI: The Pakistan Customs has prepared a list of importable items prone to under-invoicing to be kept under vigil so that revenue loss to the exchequer could be avoided. The…
KARACHI: Model Customs Collectorate of Appriasement – West has issued assessment guidelines for various importable good which were being assesses at lower values causing revenue loss to the government. Member…
KARACHI: The Federal Board of Revenue (FBR) has notified the composition of the Directorate General of Input Output Coefficient Organization (IOCO), Pakistan Customs in Karachi. The IOCO would be headed…
KARACHI: As the Federal Board of Revenue (FBR) has approved the gradual roll-out of the WeBOC System to MCC (Exports), a phased implementation approach is being adopted. Accordingly, the facility…
KARACHI: Model Customs Collectorate, Office of the Assistant Collector of Customs, Karachi International Container Terminal (KICT) is auctioning fresh/leftover lots of miscellaneous goods commencing from September 17, 2013 onwards. According…