Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Post Clearance Audit (PCA) South has detected a significant case of fiscal fraud involving the fraudulent enterprise, M/s Fazal e Rabbi Enterprises Lasbella, Hub. The fraudulent enterprise, which…
Karachi: The Karachi Customs Agents Association (KCAA), under the leadership of President Mr. Muhammad Aamir and General Secretary Mr. Mansoor Ali, is addressing the matter with the utmost seriousness, in…
KARACHI: The FPCCI has expressed serious concerns over the statements made by the Chairman of the FBR and the Federal Minister of Defense. FPCCI Vice President Asif Sakhi stated that…
KARACHI: Salim Valimohammad, Chairman of the Pakistan Chemicals & Dyes Merchants Association (PCDMA), has expressed deep concern over the significant backlog of consignments at the ports, caused by the lack…
KARACHI: Arshad Khurshid, the former president of the Karachi Customs Agents Association (KCAA), who was honored with an appreciation award on Customs Day, has called for urgent and organized action…
KARACHI: The newly implemented Faceless Customs Assessment (FCA) system has come under fire from industry leaders and customs agents due to significant delays and inefficiencies. Sharjeel Jamal, Convenor of the…
KARACHI: The Directorate of Law & Prosecution (Customs) under the Government of Pakistan has rolled out a new Litigation Management System (LMS) for cases fixed for hearing before superior courts.…
KARACHI: In a decisive move, the Inland Revenue Service (IRS) of the Federal Board of Revenue (FBR) has taken disciplinary action against multiple officers and officials. According to a notification…
KARACHI: Jamil Nasir Chief Collector of Customs Appraisement Karachi informed that the Faceless Assessment System (FAS) is being implemented from 15th of December, 2024. All the goods declarations filed after…
KARACHI: The All Pakistan Textile Mills Association (Aptma) has called on the Federal Board of Revenue (FBR) to reassess the new customs system with input from the industry. In a…
KARACHI: In a major stride towards enhancing transparency and efficiency in customs assessments, Pakistan’s Federal Board of Revenue (FBR) has launched the innovative Faceless Customs Assessment (FCA) system. This cutting-edge…
KARACHI: In a significant move to improve the quality and transparency of customs assessments for imported goods, Pakistan’s Federal Board of Revenue (FBR) has introduced the Faceless Customs Assessment (FCA)…
KARACHI: The Inland Revenue Service Officers’ Association (IRSOA) has released a critical statement against the Federal Board of Revenue’s (FBR) recent policies, highlighting a significant revenue shortfall attributed to a…
KARACHI: The Federal Board of Revenue (FBR) has announced new transfers for customs officials. These notifications mandate that officials and officers previously assigned to certain formations will be transferred to…
KARACHI: The Federal Board of Revenue (FBR) has announced the functions and jurisdiction of the Directorate General of Intelligence and Investigation (Customs), along with its regional Directorates. This notification defines…
Guided by the vision of the Government to modernize Pakistan’s tax infrastructure, FBR is reinforcing its commitment to advancing tax administration and enhancing revenue collection through advanced digital solutions. As…
KARACHI: A meeting was held on November 5, 2024, chaired by the Chief Collector of Customs Appraisement (South), Karachi, and attended by all Appraisement South Collectors and the Director of…
KARACHI: In a substantial advancement for taxpayer rights and fair tax administration, the Office of the Federal Tax Ombudsman (FTO) has seen impressive strides under the leadership of Honorable Dr.…
KARACHI: Notices were issued to Pakistan Customs and Deputy Attorney General Pakistan for 2.12.2024 by a custom appellate bench of High Court of Sindh (SHC) in a petition filed by…
In Pakistan, trade-based money laundering falls under the jurisdiction of Customs Intelligence and Investigation (I&I), while hawala-hundi activities are overseen by the Federal Investigation Agency (FIA), according to Gazette Notification…