EXCLUSIVE: Free STRN recommended for WeBOC user identity where taxpayer not liable to get registration

KARACHI: Model Customs Collectorate of PaCCS, Karachi has proposed the Federal Board of Revenue (FBR) to create a free Sales Tax Registration Number (STRN) for the issuance of WeBOC user identification in cases of those taxpayers not liable to be registered. According to details Karachi Customs Agents Association and Rice… Continue reading

Misdeclaration of alloy steel wire rod: Probe initiated against importers, agents, customs officials

KARACHI: Pakistan customs has initiated inquiry against importers, clearing agents and customs officials involved in mis-declaration of alloy steel wire rod during past three years, sources said. The sources said that the probe initiated against a large number of cases detected in which alloy steel wire rode mis-declared as non-alloy… Continue reading

Case detected to defraud exchequer by misdeclaring origin, submitted fake invoices; imported arrested

KARACHI: Pakistan Customs has detected a case of fraud by misdeclaring the origin and submitting fabricated invoices of 100 percent lower than the actual letter of credit values to evade huge amount of duty and taxes. The authorities have lodged an FIR to initiate criminal proceedings against the importer M/s…. Continue reading

MCC PaCCS issues SOP for issuance of unique user-ID

KARACHI: Model Customs Collectorate of PaCCS has issued Standard Operating Procedure (SOP) for the issuance of unique user identity for newly Web Based One Customs (WeBOC) clearance system. The customs authorities said that all importers, exporters, customs agents, shipping lines / agents, privileged persons / organisations etc are required a… Continue reading

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Welcome to CustomNews.pk!!! CustomNews.pk is a common friend of Trade and the Pakistan Customs. It shall  facilitate  Importer and Exporters of Pakistan, by providing necessary news and information. At the same time, to become a bridge between the all stake holders of international trade. Please share your views and suggestions,… Continue reading