Pakistan Customs, Tax, Shipping & Business News Resource
ISLAMABAD: In a formal ceremony held at the Supreme Court of Pakistan on May 27, 2025, the country’s highest judicial authority awarded a Commendation Certificate to the members of the…
The Pakistan Coating Association (PCA), Chairman, Mr. M. Ubaidullah Mian, talking to the press, strongly condemns the recent powers granted to Federal Board of Revenue (FBR) officers to arrest the…
ISLAMABAD: Federal Finance Minister has hinted at bringing legal amendment to reduce the litigations and other allied issues aimed at swift clearance of imported goods. FBR may introduce a Pre-arrival…
ISLAMABAD: The Pakistan government has introduced stringent measures in its 2025-26 budget to combat tax evasion and the fraudulent use of National Tax Numbers (NTNs), officials announced Tuesday. The Federal…
KARACHI: The Finance Bill has proposed granting tax officers extraordinary powers to enforce registration compliance, including freezing bank accounts and restricting property transfers for non-registered entities. Under the proposed measures,…
ISLAMABAD: A proposed amendment to the Customs Act of 1969, introduced in the Finance Bill, aims to modernize the country’s customs assessment and examination framework by incorporating centralized units and…
KARACHI: The latest Finance Bill has introduced significant structural changes to Pakistan’s customs administration, including the establishment of new directorates and the reallocation of key responsibilities. Among the major reforms,…
ISLAMABAD: The government is preparing to roll out a new tax regime under the Digital Presence Proceeds Levy Act, 2025, as part of the upcoming budget for the fiscal year…
Karachi: The Federal Board of Revenue (FBR) has officially authorized eight appraising officers from the Customs Department to assume duties as principal appraisers, effective immediately. The appointments fall under Section…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani has said, “Only those individuals engaged in misdeclaration, under-invoicing, or other malpractices have encountered difficulties under the new…
Karachi: In a move initiated by Chief Collector Appraisement South, Nasir Jameel, a total of 51 BS-16 officers have been deployed at the Central Examination Unit (CEU). However, only 11…
KARACHI: Salim Valimuhammad, Chairman of the Pakistan Chemicals & Dyes Merchants Association (PCDMA), has raised serious concerns about widespread misuse of the Export Facilitation Scheme (EFS), warning that the current…
KARACHI: A scathing report by the Directorate General of Customs Risk Management (RMS) has exposed critical shortcomings in the Faceless Customs Assessment (FCA) system, revealing worsening clearance delays, declining revenue,…
KARACHI: The Federal Board of Revenue (FBR) has sought recommendations and feedback from traders, importers, Customs agents, and trade bodies to enhance the efficiency and transparency of the faceless customs…
KARACHI: Pakistan’s government is poised to unveil its Federal Budget for Fiscal Year 2026 (FY26) on June 2, 2025, marking a third consecutive year of primary surplus as part of…
KARACHI: The Federal Board of Revenue (FBR) has ordered a detailed audit of the Faceless Assessment System, a pioneering digital customs clearance initiative introduced on December 15, 2024. The review,…
Karachi: The Pakistan Vanaspati Manufacturers Association (PVMA) has urged the federal government to remove Section 8B of the Sales Tax Act, a clause that mandates an advance withholding of 10%…
KARACHI: A dispute has erupted between two branches of Pakistan’s customs over the seizure of a banned shipment of donkey hides, exposing jurisdictional tensions and alleged violations of official procedures.…
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…
ISLAMABAD: In a recent development, the Federal Board of Revenue (FBR) has suspended Syed Ali Akbar Zaidi, a Pakistan Customs Service (PCS) officer of BS-19, who was serving as Additional…