PCA Karachi detects revenue leakge of Rs531 million
KARACHI: The Directorate of Post Clearance Audit has made remarkable performance in the month of January 2016 and detected 48 cases involving revenue of Rs531 million. Post Clearance Audit headed…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Directorate of Post Clearance Audit has made remarkable performance in the month of January 2016 and detected 48 cases involving revenue of Rs531 million. Post Clearance Audit headed…
KARACHI: The overall revenue collection by Pakistan Customs in the fiscal year so far i.e. seven months (July-January 2016) has surged by 10.9 percent to Rs589.078 billion as against Rs531.05…
KARACHI: Chaudhry Muhammad Javaid Collector of Customs Adjudication II has directed M/s Sami Pharmaceuticals (Private) Limited Karachi to pay duty and taxes amounting to Rs 14.64 million as the Company…
KARACHI: Justice Muhammad Junaid Ghaffar of High Court of Sindh (SHC) on Monday adjourned hearing of a suit filed by Engro Elengy Limited against levy of Sales Tax, Income tax…
KARACHI: Collector Customs Adjudication on reply of DG Khan Cement Company that Company has imported a generator set of 1,102 kilovolt ampere (KVA) put forward a formula in order to…
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Anwar Hussain on Friday dismissed a restoration application filed by a plaintiff/applicant…
KARACHI: The overall revenue collection by Pakistan Customs in the fiscal year so far i.e. six months (July-December 2015) has surged by 7.5 percent to Rs499 billion as against Rs464…
KARACHI: The staff of the Directorate of PCA (Customs) Karachi during the year 2015 reported 60 cases of evasion of customs duty Sales Tax, Income Tax, mis-declaration, short payments of…
KARACHI: The Custom Appellate Tribunal, Bench–I Karachi allowing an appeal vacated a show cause notice issued to appellant Ghazi Steel Mills. The tribunal headed by Muhammad Nadeem Qureshi, Member Judicial…
KARACHI: The targets set for customs duty and other levies are not ‘chasable’ due to unwarranted ‘blanket tax exemptions’ to particular sectors, senior custom and Federal Board of Revenue officers…
KARACHI: The overall revenue collection by Pakistan Customs in the fiscal year so far i.e. four months (July-October 2015) has surged by 14.39 percent to Rs309.061 billion as against Rs270.163…
KARACHI: A dsivision bench of High Court of Sindh (SHC) comprising Justice Muneeb Akhtar and Justice Mrs Ashraf Jahan on Tuesday allowed Port Qasim Authority to deposit the deferential amount…
KARACHI: Directorate of Post Clearance Audit has detected evasion of customs duty and other taxes by M/s Fatima Fertilizer Company Limited to the tune of Rs29.305 million on account of…
KARACHI: The Directorate of Post Clearance Audit has made remarkable performance in the month of July 2015 and detected 25 cases involving revenue of Rs62.888 million. Post Clearance Audit headed…
KARACHI: The Customs Appellate Tribunal has set aside the order passed by Customs Adjudication imposing fines and penalties on mobile accessories importer namely M/s Abdul Aziz & Brothers. According to…
KARACHI: The Customs Appraisement South comprising MCC Appraisement East, MCC Appraisement West and MCC Port Qasim has surpassed all revenue collection targets for the month of June 2015. Overall collection…
KARACHI: The import of motor vehicles in Pakistan has surged by 19.4 in terms of value as vehicles worth Rs53.931 billion were imported during first ten months of the current…
KARACHI: The Customs duty collection by Pakistan Customs surged by 22.44 percent to Rs180.206 billion during nine months ended March 31, 2015 as compared with the collection of Rs147.441 billion…
KARACHI: The R&D section of MCC Appraisement East has arrested one Mohammad Ali Chandna. He was the main person involved in the fraudulent import of banned chemicals and was wanted…
KARACHI: Directorate General of Intelligence & Investigation (Customs) has lodged FIRs against five importers and two clearing agents, as a crackdown has been initiated against the reported mis-declaration of classification…