KARACHI: MCC Appraisement East has detected revenue evasion of Rs8.2 million, and booked several accused for evasion of duties and taxes through submission of fake and forged documents showing under-invoiced and suppressed transaction value of the imported goods. Collector Saeed Akram had formed a team comprising Deputy collector Talha Salman,… Continue reading
KARACHI: Anti-Smuggling Organization (ASO) OF MCC Preventive Karachi has recovered large quantity of smuggled goods including betelnut and gutka worth a Rs 17 million approximately. According to details, information was received through Collector Preventive about the presence of smuggled goods at godowns in Jodia Bazaar. Headed by Deputy Collector ASO… Continue reading
KARACHI: MCC Preventive is keeping strict vigilance on the movement of smuggled goods and foiled numerous attempts to transport and distribute smuggled goods. Information was received through Collector Dr. Iftikha about the movement of smuggled contraband goods. Subsequently, Additional Collector Aamir Theim and Deputy Collector ASO Mohammad Faisal supervised two… Continue reading
KARACHI: MCC Appraisement East has lodged an FIR against M/s Al-Saudia Enterprises for mis-declaring C&F value of the imported artificial jewelry through submitting fake and fabricated documents to evade government revenue. Information was revived that M/s Al-Saudia Enterprises mis-declared the C&F value of the imported goods through their authorized clearing… Continue reading
KARACHI: MCC Appraisement East has lodged an FIR against several accused including Sharjeel Jamal of M/s S.S.J Brothers for evasion of taxes through submitting fake and engineered documents showing under-invoiced and suppressed value of imported goods. Sharjeel Jamal is nominated in a large number of cases including mis-declaration, under-invoicing, fiscal… Continue reading
KARACHI: Justice Muhammad Junaid Ghaffar of High Court of Sindh (SHC) on Wednesday suspended a guideline issued by the Deputy Director Valuation in respect of Set Top Box/TV Tuners. The bench earlier heard Talal Tariq advocate counsel for petitioner Dany Technologies, importer of TV Tuners from China. The Secretary FBR,… Continue reading
KARACHI: The Directorate General of Customs Valuation in active pursuance of ‘Tanveer Plan’ for development of database values and issuance of reference values of importable items have notified the following guidelines for different importable items. According to a notification the value of stainless steel kitchen knife with fix blade and… Continue reading
KARACHI: The Director General, Pakistan Customs has issued valuation guidelines for the reference of clearance collectorates for development of valuation database, reference values for Butyl Rubber (BKN 1675). According to a letter issued from the Directorate General of Customs Valuation initiated an exercise to develop database values for different items… Continue reading
KARACHI: Acting Director General Customs Valuation Abdul Rasheed Shaikh has revised the Valuation Ruling No.886/2016 and notified the revised values of garments. Garment Importers including M/s Javed Garments had approached Director General Valuation praying revision of values of garments determined vide Valuation Ruling No.886/2016. Importers were of the view that… Continue reading
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