SHC dismisses SCRA filed by I&I Hyderabad in respect of Diesel Generators
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…
Pakistan Customs, Tax, Shipping & Business News Resource
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…
KARACHI: The Federal Government has notified Business-to-Business (B2B) Barter Trade Mechanism 2023, which allows export and import of goods under B2B barter trade. The barter trade facility under this Order…
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has taken cognizance of the reports that the State Bank of Pakistan (SBP) has its own list of essential…
KARACHI: Korangi Association of Trade and Industry (KATI) President Faraz-ur-Rehman has welcomed the State Bank' removal of the condition of Cash Margin Restriction (CMR) on imported goods. He said that…
KARACHI: Directorate of Post Clearance Audit (South), Karachi has detected Rs2.12 billion of short-recovery of duty/taxes on the import of dyestuff by 15 importers. On the directives of Director General…
KARACHI: The clearance of commercial imports (HC type) of 159 further commodities requiring PSQCA certification being imported at all seaports of Karachi and JIAP is switched to Pakistan Single Window…
KARACHI: Directorate of IPR Enforcement (IPRE) made 08 cases of IPR violation since September 2022. The directorate is created for enforcement of IPR laws of Pakistan especially at the import…
KARACHI: A Memorandum of Understanding has been signed between the Customs Service under the Government of the Republic of Tajikistan and the Pakistan Customs (Federal Board of Revenue of Pakistan)…
KARACHI: Collector Appraisement East Aamir Theim has assigned Additional Collector R&D Imran Sajjad Bukhari to approach China Customs authorities to obtain the details including value and supplied of electric buses…
KARACHI: The Customs Classification Committee has determined that Woven Fusible Interlining is appropriately classifiable under 5903.9000 in terms of GIR 1 and 6. M/s Tradimpex Marketing imports ‘Woven Fusible Interlining’…
Karachi: Pakistan should import cotton from neighboring India to avoid another balance of payment crisis, said Pakistan Textile Council in a statement today. The country’s textiles industry, which earned more…
KARACHI: Customs Enforcement Karachi has submitted in the Interim Challan before the Customs Court against the suspects accused of trafficking a multi-million-rupee vehicle stolen from London and brought to Karachi…