SHC re_endorse judgment about Regulatory Duty

KARACHI: More than 50 petitions challenging imposition of Regulatory  Duty (RD) through Finance Act 2017 were disposed of by a customs Appellate bench of High Court of Sindh declaring the RD imposition with retrospective effect as void, ab_initio. The bench heard petitions filed by Dewan Motors and 52 other companies…. Continue reading

Pakistan stock exchange to delist Dewan Automotive Engineering Limited

KARACHI: Pakistan Stock Exchange (PSX) has proposed delisting of two companies namely Dewan Automotive Engineering Limited and Abdullah Shah Ghazi Sugar Mills Limited due to default. PSX has notified that Abdullah Shah Ghazi Sugar Mills is in process of rectification of defaults, however Dewan Automotive Engineering Limited has neither rectified… Continue reading