Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Two dozen Special Custom Reference Applications filed by Director General , Customs Valuation impunging judgments passed by Special Customs Appellate Tribunal Karachi under which accepted the values of Respondent…
KARACHI: Pakistan has not been able to completely overcome money laundering, which is hampering country’s exclusion from FATF’s grey list. Trade mis-invoicing is illegal and occurs when traders. under-invoice or…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Zulfiqar Ahmed Khan on Wednesday ordered release of consignments of toilet soaps as per…
KARACHI: Directorate General of Customs Valuation devised a plan to streamline values of importable values to check under-invoicing, which is not only causing revenue loss to the exchequer, but it…
KARACHI: The Directorate General of Customs Valuation is developing database values for different items wherein it has been observed that declarations are of wide range and do not correctly reflect…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Muneeb Akhtar and Justice Muhammad Humayun Khan on Thursday issued notices to the Director General, Valuation and other…
KARACHI: Justice Junaid Ghaffar of High Court of Sindh (SHC) on Tuesday issued notices for Dec 02 to the Deputy Director, Valuation and other defendants in a suit filed by…
KARACHI: Directorate of Customs Valuation has issued 04 more valuation guidelines for the reference of assessment staff so that under-invoicing and mis-declaration could be eliminated. The reference values of Next…
KARACHI: The Directorate General, Customs Valuation issued new guideline/reference for Cigarette Paper of Vietnamese origin fixing the new value to US $ 2.0 per kilogram. According to the guideline issued…
KARACHI: Directorate of Customs has issued 03 more valuation guidelines for the reference of assessment staff so that under-invoicing and mis-declaration could be eliminated. The reference values of Latex Rubber…
KARACHI: Directorate General of Customs Valuation has circulated five valuation guidelines for the notice of all formations about the prevailing international price trend of several importable goods, while five such…
KARACHI: Pakistan Kiryana Merchants Association has moved a representation to the Director General Customs Valuation submitting that issuing Valuation Guidelines was not the job of Director of Customs Valuation. Targeting…
KARACHI: The Customs Valuation was directed to file comments in a suit filed by Volka Food Industries Multan seeking re-export of the claimed state of the art machinery for confectionery…
KARACHI: A divisional bench of High Court of Sindh comprising Justice Munib Akhtar and Justice Abdul Malik Gaddi on Wednesday after a detailed hearing of a Special Customs Reference Application…
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan on Wednesday disposing of a constitution petitioner ordered release of…
KARACHI: The Directorate General of Customs Valuation and other ‘bad posting’ directorates are extremely short of staff, resultantly the existing staff is heavily over-burdened with work-load, which might compromise the…