Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Federal Board of Revenue FBR has advised port authorities and terminal operators to extend the free period at terminals and not charge demurrage/detention for 15 days. Pakistan is currently…
DUBAI, UAE: DP World has signed a 30-year build-operate-transfer (BOT) concession worth $500 million with the Saudi Ports Authority (Mawani) for the management and expansion of the multi-purpose port at…
KARACHI: MCC Appraisement West has lodged an FIR against M/s Eastern Rags, M/s Aftab Alam and others for mis-declaring quantity, weight and description of imported goods to evade government revenue…
KARACHI: Directorate of Customs Intelligence & Investigation Karachi has lodged an FIR against M/s M.A International for smuggling of auto parts under cover of iron and steel scrap along with…
KARACHI: Container terminal and shipping lines have decided to approach court of law against a cartel of toy importers, as these importers have resorted to blackmailing and defamation tactics to…
KARACHI: Collector Adjudication Fareed Iqbal Qureshi has imposed penalty of Rs1.0 million each in two different orders on M/s Karachi International Container Terminal (KICT) for availing inadmissible benefit of concessionary…
KARACHI: The Directorate of Post Clearance Audit – Customs has detected evasion of duty and taxes to the tune of Rs7.733 million by M/s Karachi International Container Terminal (KICT) through…
KARACHI: The Directorate of Post Clearance Audit (Customs) has prepared two contravention reports creating a cumulative demand of Rs135.589 million, which M/s Karachi International Container Terminal (KICT) evaded by claiming…