Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: In a significant move to streamline customs procedures, improve transparency, and expedite the clearance of goods, the Federal Board of Revenue (FBR) of Pakistan has announced the establishment of…
KARACHI: The Federal Board of Revenue (FBR) has officially launched the second phase of the Faceless Customs Assessment (FCA), marking a significant milestone in modernizing Pakistan’s customs processes. The examination…
In adherence to directives from Chief Collector of Customs Enforcement (Islamabad), Mr. Basit Maqsood Abbasi, and under the leadership of Collector of Customs Enforcement (Multan), Mr. Muhammad Farukh Sharif, the…
KARACHI: In a significant development, a large-scale money laundering scandal has been unearthed in the import of solar panels, revealing over-invoicing amounting to Rs69.5 billion between 2017 and 2022. The…
KARACHI: In a rapidly escalating situation, the customs assessment issue in Karachi has reached a boiling point as clearing agents have taken to the streets in protest. The catalyst for…
Karachi: In a transformative move aimed at boosting accountability and ensuring meticulousness in customs declarations, the Customs Department has announced the introduction of a new performance monitoring system for Customs…
KARACHI: Customs officers stationed at Karachi’s Central Assessment Unit (CAU) have once again raised concerns about their prolonged working hours. They report that their shifts last for 12 hours, and…
Karachi: A major corruption scandal has rocked the Collectorate of Customs in Karachi, with a First Information Report (FIR) filed against several individuals, including a Customs Appraising Officer, for allegedly…
KARACHI: In a significant move to modernize tax collection and combat tax evasion, the Federal Board of Revenue (FBR) has introduced new regulations for electronic sales tax invoicing. The changes,…
Karachi: In a strategic move to enhance the efficiency and integrity of the newly implemented Faceless Customs Assessment (FCA) system, the Federal Board of Revenue (FBR) has announced the reassignment…
KARACHI: The Inland Revenue Service Officers Association (IRSOA) has issued a strong call to its members to collectively boycott the recently launched Rating and Reward System (RRS) by the Federal…
Chairman FBR briefs the National Assembly’s Standing Committee on the proposed Tax Amendment Law: The Federal Board of Revenue (FBR) is imposing new restrictions on individuals with black money or…
KARACHI: In a bid to streamline customs processes and combat corruption, the number of appraisers at the Faceless Customs Assessment (FCA) has been increased. Initially, green channel clearances were reduced…
KARACHI: In a significant move to enhance data management and security, the Federal Board of Revenue (FBR) has established a Data Governance Office under the Directorate General of IT &…
KARACHI: On the special directions of the Prime Minister, a three-day training program aimed at enhancing the capacity of Customs prosecutors concluded in Karachi. The program, conducted by the Ministry…
KARACHI: Senior most lawyer of customs panel Khalid Mehmood Rajpar was appointed as Special Public Prosecutor for Special Custom Courts (Customs, Taxation and Anti Smuggling) at Karachi to represent Federal…
KARACHI: The hearing of a suit filed by Messer’s Cosmix Engineering against Pakistan Customs, Appraisement, West (AIB) and others till Jan 24 after counsel for respondents Sardar Zafar Hussain Advocate…
Karachi: Sharjeel Jamal, Convenor of the FPCCI Committee on Trade Facilitation, has expressed his appreciation for Prime Minister Shahbaz Shareef’s recent visit to the South Asia Pakistan Terminal (SAPT). Jamal…
KARACHI: The FBR’s efforts to crack down on money laundering operations continue as the PCA South has successfully dismantled the notorious money laundering cartel that laundered a staggering Rs 106…
KARACHI: The Secretary Legal–HR of Federal Board of Revenue has asked all the Chief Commissioners Director Generals of Inland Revenue and Pakistan Customs to provide information regarding details of officers…