KARACHI: The court of Special Judge, Customs, Excise and Taxation Karachi acquitted an accused Muhammad Ismail son of Raza Muhammad in a case registered against him under section 156(1) (89) of Customs Act 1969. The accused was booked on charge of claimant/owner of an alleged smuggled Toyota Mark-X car bearing… Continue reading

KCCI requested to assist in dealing with exorbitant duties, taxes on motorcycle spare parts

KARACHI: A delegation from All Pakistan Motorcycle Spare Parts Importers & Dealers Association (APMSPIDA), while highlighting some major issues being faced by APMSPIDA members, sought KCCI’s assistances in convincing the authorities to reduce the exorbitant duties and taxes particularly 35 percent Custom Duty and 11 percent Additional Duty on import… Continue reading

SHC dismiss petition by Gas & Oil Limited Pakistan

Karachi: “The petroleum levy is to be charged, levied and paid at the rate (s) as notified under the 1961 Ordinance and as prevalent at the time of actual payment of the same along-with Custom Duty” held a Custom Appellate bench of High Court of Sindh while dismissing a petition… Continue reading

Contempt notices issued to Chief Collector, Collectors Pakistan Customs for Nov 18

KARACHI: The contempt of court notices were issued against Chief Collector South, Collectors of East, West and Port Muhammad Bin Qasim collectorates for Nov 18 in dozens of applications in disposed of petitions filed by importers of tiles including Mahrosh. According to details, the petitions pertained to exemption from custom… Continue reading

SHC seeks compliance report in vintage cars case

KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Junaid Ghaffar and Justice Agha Faisal on Thursday ordered Additional Collector Customs, Appraisement West to submit compliance report on Oct 19. The bench was hearing four identical petitions filed by importer of vintage cars who maintained that… Continue reading

Customs Appellate Tribunal dismisses 23 identical appeals

KARACHI: The chairman, Special Customs Appellate Tribunal has dismissed 23 identical appeals and allowed the release of Betel Nuts, cloth, Cigarette Sticks on ground that same were seized from city area and that custom cases were founded on presumptions, assumptions, conjectures, fishing and rowing inquiry and fails the test of… Continue reading

SHC stays collection of Additional Custom Duty from manufacturers

KARACHI: A customs appellate bench of High Court of Sindh (SHC) on Monday stayed the collection of Additional Customs Duty (ACD) from manufacturers of vehicles etc given concession in the tax. The bench comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan earlier heard Barrister Makhdoom Ali Khan who… Continue reading

Federal budget proposes Custom duty, regulatory duty reduction on a large number of products and raw material

KARACHI: Federal Budget 2020-21 has proposed exemption of additional custom duties on those tariff lines which now attract zero customs duty in tariff along with reduction of custom duty on 40 raw materials of various industries. Moreover, tariff rationalization under National Tariff Policy 2019 is proposed by reducing customs duty… Continue reading

Eradicate corruption, make appointments on merit in custom Appellate tribunal, says lawyers

KARACHI: The lawyers practising on customs, inland revenue have advocated purging the custom Appellate tribunal of  corruption and instead of disbanding it improve the same by appointing members and chairman on merit alone.   They were expressing their views in the backdrop of an interview by federal law Minister Dr Farogh… Continue reading

SHC allows Special Criminal Revision Applications in betel nuts case Accused ordered to surrender before trial court in seven days

KARACHI: Justice Fahim Ahmed Siddiqui of High Court of Sindh hearing nine identical revision applications filed by Director of Directorate of Intelligence & Investigations (DIT), Pakistan Customs assailing judgment by Special Court for Customs, Excise and Taxation in betel nuts cases. The trial court deciding the case of alleged smuggling… Continue reading