Pakistan Customs, Tax, Shipping & Business News Resource
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…
KARACHI: MCC Preventive has seized 64,000 Qmobile phones imported by M/s Digicom Trading Pvt Ltd, as these goods were mis-declared as LED lights to avoid incidence of tax and more…
KARACHI: A division bench of High Court of Sindh on Friday directed the Pakistan Customs, Port Qasim Collectorate to file details of the alleged consignments cleared by abusing “Green Channel”…
KARACHI: In order to facilitate trade and secure government’s legitimate revenue, MCC Appraisement East has recommended certain changes in Customs Rules and several SROs in their proposals for the Federal…