Pakistan Single Window (PSW) imposes fee of upto Rs1,000 and every GD
KARACHI: In compliance of SRO 1292 (I)/2021 issued by the Federal Government, a fee ranging Rs500 to Rs1,000 shall be charged on every Goods Declaration of Import (HC) and Export…
I&I Peshawar seizes smuggled goods worth Rs200 million
ISLAMABAD: In line with the directives of Director General Faiz Ahmed, Customs Intelligence and Investigation Peshawar recovered large quantity of smuggled goods worth over Rs200 million. Information was passed through…
MCC Appraisement East lodged FIR against M/s Akmal Print House, M/s Kamil Sons, and M/s Seagate International
KARACHI: MCC Appraisement East has lodged FIR against M/s Akmal Print House and M/s Kamil Sons Pvt Ltd, and clearing agent M/s Seagate International for submitting fake freight memo to…
MCC Appraisement East approached Customs China in the electric buses import scam
KARACHI: Collector Appraisement East Aamir Theim has assigned Additional Collector R&D Imran Sajjad Bukhari to approach China Customs authorities to obtain the details including value and supplied of electric buses…
Committee formed to investigate lapse in recovery of income tax
KARACHI: Chief Collector Appraisement South Ashad Jawwad has formed a committee to investigate lapse in recovery of correct amount of withholding tax. As reported by MCC appraisement East Karachi, during…
Government has authorized release of consignments of previously banned items
KARACHI: In pursuance of the decision of the Federal Cabinet dated September 30 2022, the Federal Government has authorized release of consignments of previously banned items for which Goods Declarations…
Custom Appellate Tribunal allows appeal by Electromed Corporation
KARACHI: A two member bench of custom Appellate Tribunal allowed an appeal filed by Electromed Corporation, Lahore against an Order in Original passed by Collector of Custom, Adjudication I, Karachi…
Woven Fusible Interlining is appropriately classifiable under 5903.9000
KARACHI: The Customs Classification Committee has determined that Woven Fusible Interlining is appropriately classifiable under 5903.9000 in terms of GIR 1 and 6. M/s Tradimpex Marketing imports ‘Woven Fusible Interlining’…
Foreign exchange draining out as over invoicing of solar panels on rise
Trade based money laundering takes advantage of the complexity of trade systems, the involvement of multiple parties and jurisdictions make risk management processes more difficult. The Web Based Customs Clearing…
Custom Appellate Tribunal Tissue sets aside order in Appeal
Custom Appellate Tribunal sets aside Order in Appeal Provisional assessment finalized rips Custom authorities of power to reassess goods holds Custom Appellate Tribunal. The order was passed by Member Technical…
SHC asks petitioner to exhaust Statutory Forum instead of invoking court’s jurisdiction
KARACHI: A customs appellate bench of High Court of Sindh (SHC) disposed of a constitution petition filed by V Next Pvt Ltd challenging the Show Cause Notice (SCN) issued under…
FBR deploys FTO recommended improvements in WeBOC Modules
KARACHI: In pursuance of FTO’s recommendation to FBR, to ensure systemic improvements in WeBOC so as to enable the Assessing Collectorates of Customs to monitor the progress of provisional assessments…
Notices issued for June 28 in petition regarding dispute over application of ban on luxury items
KARACHI: The custom appellate bench of High Court of Sindh is seized with a new kind of litigation emanating from the implementation of ban on Luxury items under SRO 598(1)…
MIKD Scam: Asad Shaikh given to Appraisement East and West in a joint remand
KARCHI: The arrested accused in Multan Institute of Kidney Diseases (MIKD), Asad Shaikh, is given in a 3-day joint remand to Appraisement East and Appraisement West. The accused Asad Shaikh…
FIR lodged against Multan Institute of Kidney Diseases for fraudulent imports
MULTAN: A credible information was passed through Collector Appraisment West Tahir Qureshi to Additional Collector Yasir Kalwar and Deputy Collector Raza Naqvi that M/s Multan Institute of Kidney Diseases (MIKD)…
SHC disposes petition by Havelet Gas with direction to Member IRS
KARACHI: A constitutional petition filed by Havelet Gas Private Limited against Federal Board of revenue and Inland Revenue Service (IRS) was disposed of here on Wednesday by an income tax…
MCC Port Qasim has notified the procedure for clearance of LNG cargo
KARACHI: MCC Port Qasim has notified the procedure for clearance of Liquefied Natural Gas (LNG). It has been observed that for the consignments of Liquefied Natural Gas (LNG) in some…
I&I Karachi detects evasion of Rs27.7 million on import of auto parts
KARACHI: Customs Intelligence and Investigation Karachi (I&I Karachi) has seized large quantity of auto parts, imported by M/s Best Deal Enterprises, because of intentional mis-declaration of description, PCT headings and…
PSW implements integration of commercial banks
KARACHI: Pakistan Single Window (PSW) has implemented integration of commercial banks and the requirement of filing EIF/EFE with each Goods Declaration has been dispensed with as per amendments made in…
Chief Collector Wajid Ali orders strict vigilance on consignments made through third party
KARACHI: Chief Collector Appraisement South Wajid Ali has advised the formations that Goods Declarations (GDs), wherein imports are made through third party traders/brokers based in UAE, Hong Kong and Singapore…
