High Court adjourns in the case of M/s Master Beverages & Food Ltd
KARACHI: High Court of Sindh on Monday adjourned hearing of a contempt of court application filed by M/s Master Beverages & Food Limited against MCC Port Muhammad Bin Qasim till…
Notices issued in petition by importer of Mobile phones
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmed Khan on Friday issued notices to the Pakistan Custom and…
Customs seeks time to decide valuation controversy
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Zulkfiqar Ahmed Khan on Friday allowed three days’ time to Customs valuation…
SHC allows re-export of Confectionery machinery conditionally
KARACHI: Justice Salahuddin Panhwar of High Court of Sindh (SHC) on Wednesday allowing an application by plaintiff Volka Food International allowed re-export of confectionery machinery to its customer in UAE.…
M/S Master Beverages & Food Limited approaches Court for initiation of contempt proceedings against MCC Port Qasim
KARACHI: The M/s Master Beverages & Food Limited has approached High Court requesting initiation of contempt of court proceedings against MCC Port Qasim, as the MCC defied the Court order…
PCA detects duty/tax evasion of Rs455.37 million in April
KARACHI: Directorate of Post Clearance Audit Karachi has detected duty/tax evasion and short payment of Rs455.37 million in the month of April 2016 by various companies and traders. The Directorate…
Pre-assessment challenge: SHC declines to hear petition
KARACHI: A divisional bench of High Court of Sindh (SHC) comprisinf Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmed Khan refused hearing and relief in a petition filed by…
Textile company penalized for evading government revenue
KARACHI: Collector Customs Adjudication Chaudry Mohammad Javaid has imposed a penalty of Rs5.0 million on M/s Magna Textile Industries Pvt Ltd along with the payment of Rs25.57 million duty/taxes evaded…
SHC orders release of Gas Generators against Bank guarantee
KARACHI: Justice Muhammad Shafi Siddiqui of High Court of Sindh (SHC) on Friday ordered release of Generators that run on gas if the importer submit bank guarantee pending issues of…
M/s Popular Spinning Mills denied injunctive relief by SHC
KARACHI: The Sindh High Court has dismissed the application filed by M/s Popular Spinning Mills Pvt Ltd seeking injunctive relief regarding customs duty collection at the rate of 15 percent…
Sharjeel Jamal seeks acquittal
KARACHI: Sharjeel Jamal s/o Jamaluddin has approached Customs Court praying his acquittal as there was no possibility of his conviction in the case of importing fabric by mis-declaring the vital…
PCA Karachi detects revenue evasion of Rs341 million in March
KARACHI: Directorate of Post Clearance Audit Karachi has detected duty/tax evasion and short payment of Rs340.934 in the month of March 2016 by various companies and traders. The Directorate LED…
SHC Provisional release of perfumes consignment allowed
KARACHI: SHC divisional bench of comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmed Khan on Thursday allowed provisional release of a consignment of perfumes on payment of customs…
PCA Karachi makes remarkable performance in February
KARACHI: The Directorate of Post Clearance Audit has made remarkable performance in the month of February 2016 and detected 43 cases involving revenue of Rs340.577 million. Post Clearance Audit headed…
MCC Port Qasim recovers evaded amount from Mobilink
KARACHI: MCC Port Qasim has recovered an amount of Rs6.969 million from M/s Pakistan Mobile Communication (Mobilink), which was evaded through mis-classification of imported goods. The company imported certain goods…
M/s Kingcrete Builders served notice to pay duty and taxes
KARACHI: As the Islamabad High Court has dismissed their petition, MCC Appraisement West has served a notice on M/s Kingcrete Builders to pay Rs8.85 million into the national exchequer. On…
PCA Karachi serves Audit Observations on several importers
KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has served Audit Observations on eight different importers for evading significant amount of duty and taxes through mis-declaration and claiming inadmissible…
IHC dismisses Kingcrete Builders’ petition against FBR, orders to pay import duty
KARACHI: Islamabad High Court (IHC) comprising Judge Noor-ul-Haq Qureshi dismissed a writ petition filed by M/s Kingcrete Builders against Federal Board of Revenue (FBR). The said petition was filed against…
SHC orders de-sealing of pharmaceutical company
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Anwar Ahmed Khan on Wednesday ordered de-sealing of Euro Pharmaceuticals. The bench…
Pharmaceutical firms asked to deposit evaded duty/taxes of Rs 43.43 million by Collector Customs Adjudication Jawaid
KARACHI: Chaudhry Muhammad Javaid Collector of Customs Adjudication II in the two identical mis-declaration cases has directed M/s Glaxo Smithkline Pakistan and M/s Abbott Laboratories Pakistan Limited Karachi to pay…