Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Pre-admission notices were issued for March 11 to Collector Customs (MCC East & West) by a division bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi…
In order to broaden the scope of business-to-customer transactions through home remittance channel, the State Bank of Pakistan (SBP) has enhanced payment limits against freelance services in computer and information…
ISLAMABAD: Pakistan’s exports recorded 6% growth during October 2019, while imports declined 17% over same month of last year resulting in 32% reduction in the trade deficit. In October, exports…
ISLAMABAD: Ministry of Finance in a statement claimed macro adjustment policies such as monetary tightening, exchange rate adjustments and cuts in development spending have started paying the desired results with…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Junaid Esmail Makda has expressed deep concerns over the problems being faced by the industries across Pakistan after the withdrawal of…
KARACHI: Pakistan’s textile exports displayed yet another stagnant performance during April 2019, registering a 1% YoY decline to close the month at US$1.14bn, compared to US$1.15bn in the same month…
ISLAMABAD:The Economic Coordination Committee (ECC) Committee has approved supplementary grant of Rs1.0 billion for Federal Board of Revenue (FBR) to boost its revenue collection capacity.The Economic Coordination Committee (ECC) has…
ISLAMABAD: Finance Minister Asad Umar has advised Federal Board of Revenue (FBR) to review and improve the Expeditious Refund System (ERS) parameters to ensure early processing of exporters’ claims. He…
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Hasan Azhar Rizvi and Justice Zafar Ahmed Rajput on Wednesday held that respondent Astro Plastic (Pvt) Limited may…
KARACHI: The Federal Board of Revenue (FBR) is all set to implement electronic data exchange (EDE) between Customs administration of China and Pakistan under Pak China Free Trade Agreement, which…
KARACHI: The Federal Board of Revenue (FBR) has withdrawn zero-rated sales tax on supply of electricity granted to four export oriented companies. The facility available to Rana Weaving, Mushtaq &…
KARACHI: MCC Peshawar has foiled a bid to smuggle urea to Afghanistan and seized 18,000 bags of urea along with six trailers at Torkham. According to the details of the…
KARACHI: Justice Salahuddin Panhwar on Thursday allowed an application filed by Chief Collector Customs Hyderabad in a suit no 32/2002 filed by Allied Bank of Pakistan Limited against Fateh Textile…
KARACHI: Customs AFU Lahore has seized 500 donkey hides from Royal Shed AFU and arrested two persons. Additional Collector Jamil Nasir had this information. Subsequently, Assistant collector Export Mohammad Ikram…
KARACHI: The hundreds of cases filed by or against Pakistan Customs are suffering due to non–representation or non- appearance of the lawyers before different courts of law. According to sources…
KARACHI: Chaudry Mohammad Javed Collector of Customs Adjudication has ordered M/s Tata Textile Mills Limited to pay duty and taxes amounting to Rs 114.96 million as the company failed to…
KARACHI:- The Model Customs Collectorate, Peshawar sold 13450 bags of sugar belonging to Choudhry Sugar Mills confiscated by the MCC in a tax rebate fraud case. The sugar mill was…