Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The growing reliance on green channel clearances by Pakistan Customs—now encompassing nearly 60% of imports and 85% of exports—is raising alarms over the diminishing scope of pre-clearance controls and…
KARACHI: Special Court, Customs, Taxation & Anti Smuggling-I, Karachi admitted one Hameedullah Khan S/o Muhammad Abdul Ghaffar to bail against a surety of rupees 200,000 and Personal Bond in the…
In an alarming turn of events, Pakistan has increasingly become a hotbed for smuggling activities, with contraband flooding in from various routes including China via Gilgit Baltistan, the Green Channel…
KARACHI: The import case involving Al-Habib Traders, NTN No. 3748248, has drawn attention for alleged misdeclaration of imported goods. The firm electronically filed Goods Declaration No. КРРАНС-36771-06-01-2025 through its authorized…
Karachi: Recent changes in the Faceless Customs Assessment (FCA) have significantly impacted the processing of Goods Declarations (GDs). Following a backlog of 3500 pending GDs, the number of appraisers has…
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…