Pakistan Customs, Tax, Shipping & Business News Resource
Karachi: In a significant development, customs authorities intercepted a consignment of high-value goods misdeclared by M/s. Adnan Enterprises, located at S-02, Anum Palace, Bohri Road Opp. Custom House, Karachi. The…
In a significant move to curb corruption and misuse of green channel status, Pakistani authorities have launched an unprecedented crackdown against several industries and companies. This action comes after it…
Sharjeel Jamal, Convener of FPCCI, has praised the formation of the Super Audit Team. However, he highlighted the need to audit green channel imports, suggesting that the Super Audit Team…
KARACHI: MCC Appraisement East had lodged an FIR against several for mis-declaring quantity, description and value of the imported goods to hoodwink legitimate government revenue of Rs3.3 million approximately. M/s…
KARACHI: Post Clearance Audit (PCA) South has established a landmark case involving Rs859.98 million against M/s Hussain Enterprises involving fiscal fraud, tax evasion, money laundering and illicit financial flows. Information…
KARACHI: Sharjeel Jamal of UTrade Logistics has said that WeBOC system is a flop system, which is unable to stop smuggling and facilitate legitimate trade. The risk management system of…
KARACHI: MCC Appraisement West has submitted Interim Challan against the accused involved in M/s Multan Institute of Kidney Diseases (MIKD) scam, and sought more time from the Court to continue…
KARACHI: MCC Appraisement East has lodged an FIR against the Executive Director of Multan Institute of Kidney Diseases (MIKD) and M/s Izzat Enterprises for mis-declaring the description, quantity, value of…
KARACHI: The Special Custom Appellate Tribunal (SCAT), allowing an appeal filed by Directorate of Intelligence & Investigations (DIT) ordered confiscation of goods which were released abusing facility of Green channel…
KARACHI: MCC Port Qasim has notified that coal will be cleared through green channel. Sharjeel Jamal of M/s Utrade Logistics had approached Collector MCC Port Qasim complaining of problems being…
KARACHI: The National Accountability Bureau (NAB) is investigating misuse of Green Channel facility, which caused a heavy loss to the national exchequer as well as enabled influx of various goods…
KARACHI: Supreme Court of Pakistan (SCP) has advised National Accountability Bureau (NAB) to expeditiously complete investigation regarding corruption allegations against the senior Customs officers. In the last 4 years, the…
KARACHI: The appraising officers and assessment staff in south region have initiated an informal campaign and compiling evidence pertaining to the gross misuse of green channel facility, as the Chief…
KARACHI: Chief Collectorate Appraisement South Abdul Rasheed Sheikh has rejected the recommendations that all consignments coming from Dubai and Jebel Ali should be put on red channel, which is surprising…
KARACHI: Anti Smuggling Organization of MCC Preventive has seized four containers which were cleared from green channel as declared to be scrap, but were found to contain betel nuts. The…
KARACHI: Justice Hasan Azhar Rizvi of Sindh High Court has issued notice to the Federal Board of Revenue (FBR), Customs Appraisement South with directions to adhere to the Rules and…
KARACHI: The audit of 3346 goods declaration (GDs) cleared through green channel in November 2017 is completed and found no irregularities, thus providing legal cover to the abuse of green…
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Omar Sial on Friday adjourned hearing of constitution petitions seeking clearance of imported consignments…
KARACHI: Collector MCC Appraisement West Shahnaz Maqbool has formed a team headed by Deputy Collector Imran Rasool and comprising PA Abdul Qayyum, AO Shahid Dasti, Imran Gul and others for…
KARACHI: Directorate of Customs Intelligence & Investigation (I&I) has lodged an FIR against the directors of M/s Digicom Trading Pvt Ltd (Qmobile) while one official was arrested as the company…