Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: In a major regulatory overhaul aimed at curbing smuggling and ensuring food safety, the Government of Pakistan has issued new stringent protocols for the import of betel nuts, a…
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Adnan Iqbal Chaudhry and Justice Muhammad Jaffer Raza on Monday allowed a petition filed by Hoora Pharma (Pvt)…
KARACHI: Advancing the arguments over exclusive jurisdiction, customs lawyer Khalid Mehmood Rajpar got a Criminal Miscellaneous Application No 3687 of 2024 dismissed from the Court of Additional Sessions Judge VIth,…
ISLAMABAD: A proposed amendment to the Customs Act of 1969, introduced in the Finance Bill, aims to modernize the country’s customs assessment and examination framework by incorporating centralized units and…
Karachi: The Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Aman Paracha, has condemned the repeated, oppressive changes in the net metering regulations by the…
KARACHI: Pakistani customs authorities have uncovered a massive case of misdeclaration and fraud involving the import of used computer systems, laptops, and accessories. The First Information Report (FIR) has been…
Karachi: The Deputy High Commissioner of Bangladesh in Karachi, His Excellency Mahbubul Alam, expressed a strong desire to promote bilateral trade with Pakistan and urged the Pakistani business community to…
KARACHI: The Custom Appellate Bench of High Court of Sindh sets aside an order passed by Custom Appellate Tribunal in Custom Appeal No K-2482 of 2024 pertaining to import of…
Karachi: Malik Khuda Bakhsh, a core committee member of the United Business Group (UBG) and convener of the FPCCI Energy Committee, as well as an expert in petroleum and CNG,…
KARACHI: The Petroleum Division has clarified that any petroleum products or petrochemicals with a flashpoint below ninety-three degrees centigrade fall under the definition of petroleum according to the Petroleum Act…
KARACHI: In a significant move to bolster environmental protection and uphold international waste management standards, Pakistan has officially updated its import policy to ban hazardous wastes classified under the newly…
KARACHI: If an owner comes up with explanation, the burden of proof is shifts on to custom authorities in terms of section 187 of the Customs Act, 1969 and has…
KARACHI: Waseem Tanoli (actual name Muhammad Pervaiz) has denied all allegations of and claimed that he had nothing to do with solar panel import. In a statement Waseem Tanoli said…
KARACHI: The High Court of Sindh has suspended a ruling by the Classification Committee of the Federal Board of Revenue (FBR) that would have allowed importers of glass tubing for…
KARACHI: Customs Adjudication Karachi has ordered M/s The Searle Company to pay evaded amount of duty/taxes of Rs31.21 million on 18 consignments of Dextrose Anhydrous, and also ordered to pay…
KARACHI: Customs Intelligence and Investigation Karachi has lodged an FIR against several persons including a woman for mis-declaration of value/under-invoicing by submitting fake and forged documents and filing of GD…
QUETTA: Collector Appraisement Quetta Agha Saeed has been transferred to another post, according to a notification issued by the Federal Board of Revenue (FBR). A farewell party was held in…
KARACHI: MCC Port Qasim has lodged an FIR against several persons for attempting to import and clear banned liquor in the garb of diplomatic consignment. Customs authorities have launched a…
Karachi: Post Clearance Audit (PCA) South revealed that solar panel importers have engaged in a large-scale over-invoicing / trade-based money laundering operation. The PCA South conducted audit of solar panel…
KARACHI: The Customs department has taken its case to the Supreme Court of Pakistan, challenging the judgment of the Sindh High Court regarding the release of imported consignments of steel…