Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Collector Customs Adjudication Dr. Shazia Ikram has penalized M/s BBJ Pipes Industries and clearing agent M/s Chanar Associates for attempting to evade government revenue through claiming inadmissible benefit of…
KARACHI: Collector Customs Adjudication Dr. Shazia Ikram has penalized tyres and tube importer for attempting to evade government revenue through under-invoicing. M/s Shafqat Automobiles Sargodha imported a consignment declared to…
KARACHI: MCC Appraisement East has detected evasion of Rs47.46 million, which certain diaper importers committed by availing inadmissible benefit under SRO 1125(I)/2011. MCC Appraisement East has so far recovered Rs7.39…
KARACHI: The Directorate of Internal Audit – Customs has pointed that MCC Exports Port Qasim failed to collect duty/taxes on the disposal of wastages from manufacturing bond, which is required…
KARACHI: The Directorate of Internal Audit – Customs has made an observation that MCC Gwadar short-realized an amount of Rs53.102 million from ship breakers during 2014-15. The Audit Team comprising…
KARACHI: Directorate General of Customs Valuation has circulated three valuation guidelines for the notice of all formations about the prevailing international price trend of several importable goods. Directorate General Customs…
KARACHI: MCC Port Qasim has finally lodged an FIR against M/s Master Beverages & Food Limited initiating criminal proceedings against the company pertaining to fiscal fraud. MCC Port Qasim has…
KARACHI: MCC Appraisement East has started issuing notices to various banks and Land Departments advising to attach bank accounts and properties of various importers/companies, which evaded government revenue to the…
KARACHI: The Directorate of Internal Audit points out that government revenue to the tune of billions of rupees was stuck-up due to the inefficiency of Directorate of Customs Intelligence &…
KARACHI: Justice Salahuddin Panhwar of High Court of Sindh on Wednesday dismissed a contempt of court application filed by M/s Master Beverages & Food Limited against MCC Port Muhammad Bin…
KARACHI: High Court of Sindh on Monday adjourned hearing of a contempt of court application filed by M/s Master Beverages & Food Limited against MCC Port Muhammad Bin Qasim till…
KARACHI: The M/s Master Beverages & Food Limited has approached High Court requesting initiation of contempt of court proceedings against MCC Port Qasim, as the MCC defied the Court order…
KARACHI: MCC Port Qasim has detected the largest ever duty/tax evasion on just one consignment to the tune of Rs170 million by M/s Master Beverages and Food Limited, Gujranwala, a…
KARACHI: The Directorate of Customs Intelligence & Investigation (enforcement) has recovered significant amount of government revenue, which was evaded through mis-declaration. In pursuance of a credible information regarding clearance of…
KARACHI: Collector MCC Appraisement West, Mohammad Saleem has taken this task to effect dead recoveries to the tune of billions of rupees. According to details, during the renovation and shifting…