Pakistan Customs, Tax, Shipping & Business News Resource
ISLAMABAD: The Pakistani government announced a new penalty system Tuesday for importers and exporters who cause delays in clearing goods from the country’s customs stations. According to a notification from…
KARACHI: A constitutional bench of High Court of Sindh (SHC) comprising Justice Muhammad Iqbal Kalhoro and Justice Muhammad Usman Ali Hadi dismissed over a dozen constitutional petitions filed by manufacturers…
New SRO Targets Delays in Goods Declaration and Removal at Ports: ISLAMABAD: The Government of Pakistan has announced a new set of penalties under the Customs Act, 1969, aimed at…
Islamabad: In a significant move to regulate the freight forwarding industry, the Federal Board of Revenue (FBR) has introduced the Freight Forwarders Licensing Rules, 2025 under S.R.O. 814 (I)/2025. The…
KARACHI: In a significant move to strengthen economic ties between Pakistan and the United Arab Emirates, the Karachi Chamber of Commerce & Industry (KCCI) and the Pakistan Business Council (PBC)…
Prime Minister Shehbaz Sharif should ensure compensation for importers and exporters affected by the strike: Karachi (Commerce Reporter): President of the United Business Group (UBG), Zubair Tufail, has thanked Karachi…
Karachi, Pakistan: Meezan Bank, Pakistan’s leading Islamic bank, has announced the launch of its Foreign Currency (FCY) Debit Card for Pakistani exporters and freelancers who hold an Exporters’ Special Foreign…
KARACHI: The Export Promotion Zone (EPZ) at Port Qasim has been urgently advised to arrange requisite machinery to expedite the clearance of consignments, following the implementation of a new Standard…
KARACHI: Exporters are grappling with significant challenges caused by delays in the approval of the Export Facilitation Scheme (EFS) by the Customs Export Collectorate, Karachi. These delays have resulted in…
Karachi: Former Senior Vice President FPCCI and General Secretary UBG (Sindh Zone) Muhammad Hanif Gohar has said that the federal budget is not for exporters, traders, industrialists and those who…
KARACHI: Value-Added Textile Exporters are highly perturbed and dissatisfied over proposed imposition of “Additional Tax on income, profits and gains” u/s 99D and have rejected it by terming “harsh” and…
Karachi: Traders and Customs officials have expressed serious concerned over the inter-port movement system at Karachi Export Processing Zone (KEPZ), which is the primary channel for smuggling even the prohibited…
QUETTA: Another milestone was achieved by Pakistan Custom on Monday as first ever TP consignment from Iran via Taftan border reached Quetta Dry port. The event is a major headway…
KARACHI: The Federal Tax Ombudsman has been actively acting upon his words, “I’m not interested in number of complaints, and I’m more interested in the impact of complaints by addressing…
With an objective to improve the timely inflow of foreign exchange from exports proceeds in the market, State Bank of Pakistan (SBP) has amended foreign exchange regulations requiring exporters to…
KARACHI: Exporters have approached Director General of Transit Trade in Karachi complaining about the delays in processing and clearance of export consignments containing perishable items, which could cause severe losses…
KARACHI: The exporters and Customs agents are frustrated because of unnecessary delay in the grounding and examination of export consignments at Pakistan International Container Terminal (PICT). An exporter said whenever…
Government’s lack of priority and attention to increase cotton yield to support the entire value added textile chain is highly shocking and deplorable. Pakistan is an agriculture country but no…
KARACHI: Deputy Director/ In-charge, Port Control Unit, Anti-Narcotics Force (ANF) Karachi Muhammad Ayub has said that ANF was trying its best to facilitate the exporters and importers by reducing the…
“All the legitimate pending matters of exporters in the hands of Regional Tax Office-III shall be resolved on priority basis.” This was stated by Dr. Amir Ali Khan Talpur, Chief…