Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: In order to streamline procedure relating to removal, examination and assessment of the cargo meant for Karachi Export Processing Zone (KEPZ), or the goods exported to tariff area, MCC…
KARACHI: Pakistan’s trade deficit narrowed down by 2.0 percent to $11.786 billion in the first four months of the current fiscal year – July-October of 2018-19. Pakistan Bureau of Statistics…
KARACHI: The average inflation clocked in at 3.9 percent during the first half of the year, lower than the earlier projections due to smooth supply of perishable items, stable exchange…
KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) have complimented the Finance Minister Ishaq Dar for announcing bold measures to boost agriculture growth, and exports and in extending…
KARACHI: Hearing a constitution petition filed by a driver whose Computerized National Identity Card (CNIC) was used for exports worth six hundred thousand US Dollars following which his bank account…
KARACHI: Pakistan Customs lost another case on technical ground as the Special Custom Appellate Tribunal allowed an appeal by a Japanese national, co-owner of Hongda Trading Company, Pakistan. The appeal…
KARACHI:- The Customs appellate tribunal, bench I, Karachi allowed an appeal filed by Island Textile Mills challenging an order of Collector of Customs (Appeals) which rejected plea of the importer…
KARACHI: The Model Customs Collectorate of Exports has proposed certain amendments in Customs Rules, Customs Act to facilitate exporters in general and to discourage submission of fake and fictitious Form-E…
KARACHI: In order to give impetus to development in sectors, which are central to economic development and there recent dormant performance has been a cause of concern, the government has…
KARACHI: The WeBOC’s export from dry port module has been deployed in the live environment and fully rolled out all over the country on Monday, May 13, 2013. The Office…
KARACHI: The hasty launch of WeBOC system for customs clearance is causing severe hardships for the exporters in filing the monthly e-returns as entries of Export General Manifest (M.R) by…
KARACHI: The Customs Appellate Tribunal has upheld the Customs Adjudication order against Mohammad Younus for Grace Exports for receiving fraudulent refund and rebate through forged value of form-E on the…
KARACHI: Federal Tax Ombudsman (FTO) has said that corruption had peaked in the country and recommended large scale reforms in the Federal Board of Revenue (FBR). Talking to business community…