Pakistan Customs, Tax, Shipping & Business News Resource
Customs Intelligence in Karachi have seized a significant quantity of smuggled petroleum, oil, and lubricants (POL) products, based on credible information received by Director I&I Karachi Mian Masood and relayed…
KARACHI: In line with the Government of Pakistan’s policy against smuggled goods, Customs Enforcement Karachi conducted a joint operation with Military Intelligence Wing, Karachi at Raees Petroleum at RCD Highway…
Karachi Customs Enforcement has successfully intercepted a large haul of smuggled goods, including petroleum products and betel nuts, valued at PKR 22.5 million. In line with the directions of Mr.…
Directorate of Intelligence & Investigation (I&I) Gwadar successfully intercepted and seized contraband goods worth Rs. 40.98 million in a single day. Under the proficient leadership of DG I&I, Director I&I…
Karachi: The Collectorate of Customs Enforcement, Karachi, has foiled a major smuggling attempt of foreign liquor and seized huge quantities of smuggled High Speed Diesel (HSD) in separate operations. According…
According to the latest data, Pakistan’s oil sales in August 2023 decreased by 8% compared to the same period last year, reaching 1.40 million tons from 1.52 million tons. The…
Pakistan did not import any high-speed diesel (HSD) in July, as domestic demand is largely met from the commodity smuggled from Iran. According to diesel dealers in Baluchistan, 40,000 liters/day…
SARGODHA: In a significant bust, the Collectorate of Customs Enforcement Sargodha has seized a massive amount of High Speed Diesel (HSD) and Petroleum Oil Lubricants (POL) worth Rs158.6 million. The…
HYDERABAD: Customs Enforcement Hyderabad has expedited the anti-smuggling activities and made several cases in a short span of time. Mumtaz Ali Khoso, Collector Customs Hyderabad directed Additional Collector M.Daud Pirzado…
HYDERABAD: The Director General (I&I) Customs Mr. Faiz Ahmed has devised an anti-smuggling policy aligned with parameters of transparency and zero tolerance for smuggling. Director I&I Hyderabad Mohammad Saleem and…
KARACHI: The most notable increase stems from the projected Rs750 billion collection of Petroleum Development Levy (PDL) against Rs135 billion collected in FY22. Based on market estimates, the targeted Petroleum…
KARACHI: The two identical petitions filed by BOYCO Petroleum Company against demand notices for recovery of Sales Tax & Petroleum Levy we’re disposed of here on Wednesday by a Custom…
*Pak oil sales in Apr-2020 likely to fall by 36% YoY, but up 1% MoM* Pak oil sales for Apr-2020 are expected to decline by 36% YoY amidst the COVID-19…
KARACHI: Pakistan Customs, ASO has claimed before the High Court of Sindh that rupees 552 million are recoverable from Boyco Petroleum company against Sales Tax and Petroleum Levy on supply…
KARACHI: Hearing a petition filed by BYCO Petroleum company, a customs appellate bench of High Court of Sindh allowed supply of HSD to tug boat of petitioner company on securing…
On 11 February, Pakistan Customs intercepted a barge named “Wania II”, near Charna Island. The barge’s crew were asked to share documents related to its cargo. The barge was meant…
KARACHI: A total of 1.42 million tons of POL (petroleum, oil, lubricants) sales were recorded in November 2019, reflecting a 7.0 percent increase as against off-take of 1.33 million tons…
KARACHI: Pakistan’s petroleum products’ sales declined 18 percent YoY to 1.038 million tons during March 2019, dragged by 50 percent decline in Furnace Oil (FO) and 21 percent drop in…
KARACHI: The government has increased the prices of petroleum products, in the range of Rs2.5 to Rs4.75 per litre for the month of March 2019. The price of Motor Spirit…
LAHORE: Government has decided to reduce the prices of petroleum products barring High Speed Diesel (HSD), for the month of February 2019. While price of HSD is being maintained at…