Pakistan Customs, Tax, Shipping & Business News Resource
ISLAMABAD: A proposed amendment to the Customs Act of 1969, introduced in the Finance Bill, aims to modernize the country’s customs assessment and examination framework by incorporating centralized units and…
KARACHI: PCA South has busted another EFS scandal involving M/s Deenar Industries Pvt Ltd Lasbella Hub and M/s MD Industries Pvt Ltd Lasbella Hub in an audacious tax evasion scandal…
Karachi: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) convened a pivotal meeting of the Pakistan-UAE Business Council (PUAEBC) at the Federation House in Karachi. The session, which…
KARACHI: The Collectorate of Customs Exports, Port Muhammad Bin Qasim (PMBQ), has successfully thwarted an attempt to export a significant quantity of jaggery (Gur) to the United States. This export…
Karachi: Malik Khuda Bakhsh, a core committee member of the United Business Group (UBG) and convener of the FPCCI Energy Committee, as well as an expert in petroleum and CNG,…
QUETTA: M/s Sitara Chemical Industries has come under scrutiny for an alleged attempt to misdeclare goods for export. The company filed Goods Declaration (GD) No. QCME-SB-544 on July 31, 2024,…
QUETTA: Customs Enforcement Quetta has lodged an FIR against M/s Sharafuddin & Brothers Clearing and Forwarding Agent, along with Inspector Customs Appraisement Quetta, Dashti Khan. The case revolves around a…
KARACHI: Muhammad Kamran Arbi, President of SITE Association of Industry, has demanded the government to seriously look into the matter of exorbitant electricity tariff for all categories of consumers, particularly…
QUETTA: Collector Appraisement Quetta Agha Saeed has been transferred to another post, according to a notification issued by the Federal Board of Revenue (FBR). A farewell party was held in…
KARACHI: The Federal Government has notified Business-to-Business (B2B) Barter Trade Mechanism 2023, which allows export and import of goods under B2B barter trade. The barter trade facility under this Order…
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has taken cognizance of the reports that the State Bank of Pakistan (SBP) has its own list of essential…
QUETTA: Customs Intelligence and Investigation Quetta has seized large quantity of sugar, which was to be smuggled abroad. In the wake of smuggling of sugar and urea to Afghanistan and…
KARACHI: After abolition of zero-rated tax regime under SRO 1125, purchases (whether through imports or domestic supplies) in textile sector were subjected to sales tax @ 17% and the inputs…
Karachi: FrieslandCampina Engro Pakistan (FCEPL) and Engro Eximp FZE (EEF) signed a Franchise Agreement to enhance dairy exports from Pakistan. In line with FrieslandCampina’s global purpose of nourishing by nature,…
KARACHI: Directorate of IPR Enforcement (IPRE) made 08 cases of IPR violation since September 2022. The directorate is created for enforcement of IPR laws of Pakistan especially at the import…
KARACHI: Clyde Decosta, an accused in alleged smuggling of 1086 Litres of Ketamine was admitted to post arrest bail by Irfan Meo, Presiding Office of Control of Narcotic Substances Court…
KARACHI: In order to ensure greater transparency and to conduct a thorough, in-depth and professional investigation, into the case of narcotics smuggling abroad by M/s Qtinity, Federal Board of Revenue…
KARACHI: Muhammad Hamza S/o Saeed Ahmed was admitted to post arrest bail in a case of smuggling Ketamine weighing 2346 kilograms recovered at Los Angeles Port, California, USA. Justice Saluddin…
KARACHI: Customs Export Intelligence Branch (EIB) has expanded the scope of investigations in the case of narcotics smuggling abroad by M/s Qtinity and identified another consignment of grey fabric exported…
PESHAWAR: The Collectorate of Customs (Appraisement), Peshawar in pursuance of an information passed through Collector Amjad-ur-Rehman to Additional Collector Shahid Jan that some unscrupulous element will attempt to smuggle the…