AFU recovers Rs19 million from M/s Air Indus
KARACHI: MCC Preventive Air Freight Unit (AFU) has recovered Rs19 million of duty and taxes outstanding against M/s Air Indus and let the Boeing-737 return, which was under Customs custody…
SHC adjourns SCRA in a spare parts import case
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Muneeb Akhtar and Justice Abdul Malik Gaddi on Friday adjourned hearing of a Special Customs Reference Appeal (SCRA)…
Customs values of coffee in retail packing revised
KARACHI: Director Customs Valuation Dr. Wasif Ali Memon has revised the customs values of coffee in retail packing vide Valuation Ruling NO.845/2016. Customs values of coffee were earlier determined vide…
Customs Values of air conditioners revised
KARACHI: Director Customs Valuation Karachi, Dr. Wasif Memon has revised the customs values of air conditioners (conventional/inverter type) vide Valuation Ruling No.840/2016. The Customs values of Conventional and Inverter Type…
SHC disposes review application by Pakistan Customs in Badar Computer’s petition
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmed on Friday disposed of a review application filed by Pakistan…
Tribunal strikes down adjudication order
KARACHI: Member Judicial Customs Appellate Tribunal Tahir Zia has vacated the show cause notice and set aside the adjudication order penalizing Afghan based import M/s Zubair Wali Ahmed Zai Ltd…
Pakistan Customs file Written Statement in Prime Movers case
KARACHI: Pakistan Customs, Model Customs Collectorate, Port Muhammad Bin Qasim on Wednesday submitted a written statement in a case of Prime Movers. The case pertains to import of 18 consignments…
Customs revises import values of second hand and used goods
KARACHI: Director Customs Valuation Dr. Wasif Memon has revised the customs values of second hand clothing, shoes and used leather bags/jackets/belts, used toys and kitchen ware vide Valuation Ruling No.836/2016.…
M/s Popular Spinning Mills denied injunctive relief by SHC
KARACHI: The Sindh High Court has dismissed the application filed by M/s Popular Spinning Mills Pvt Ltd seeking injunctive relief regarding customs duty collection at the rate of 15 percent…
OCAC demands restoration of import concessions under SRO 575(I)/2006
KARACHI: The Oil Companies Advisory Council (OCAC) demands restoration of import concessions available for oil & gas sector, which were withdrawn in the Finance Act 2014-15. “We intend to take…
SHC admits application by Appraising Officer in case against AMI Pakistan
KARACHI: An application filed by Appraising Officer (Research and Development), Customs Appraisement, Model Customs Collectorate, MCC West under section 151 C.P.C against petitioner AMI Pakistan Limited was admitted for hearing…
Importers booked for fraudulently claiming inadmissible exemptions
KARACHI: The Directorate General of Customs Intelligence & Investigation has lodged two FIRs against certain importers and Customs officials, which in connivance with each other deprived national exchequer of its…
FBR plans to bracket the government revenue evaders the hard way
KARACHI: Federal Board of Revenue (FBR) is committed to broaden the tax net and plug revenue leakage, Chairman FBR Nisar Mohammad Khan and he has initiated several exercises in this…
SHC to hear illegal Paracetamol import case on Feb 26
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Sadiq Hussain Bhatti on Friday fixed Feb 26 to hear a Special Customs Reference…
MCC Quetta keeps strict check on movement of smuggled goods
KARACHI: MCC Quetta has seized huge quantity of smuggled goods including auto parts, auto engines etc worth Rs19.005 million. In pursuance of credible information received by the Collector of Customs…
Engro Elengy suit adjourned till Feb 19 by SHC
KARACHI: Justice Muhammad Junaid Ghaffar of High Court of Sindh (SHC) on Monday adjourned hearing of a suit filed by Engro Elengy Limited against levy of Sales Tax, Income tax…
Customs prosecution suffers for lack of funds
KARACHI: The hundreds of cases filed by or against Pakistan Customs are suffering due to non–representation or non- appearance of the lawyers before different courts of law. According to sources…
Several booked for forging Bill of Lading
KARACHI: The Directorate of Customs Intelligence & Investigation (Enforcement) has booked several persons for evading duty/taxes through misdeclaration, claiming inadmissible concessions on forged documents and importing banned products. According to…
Director General, Customs Valuation Samaira Nazir rejects revision petition in diaper import VR case
KARACHI: The Director General, Customs Valuation, Samaira Nazir Khan rejected revision petitions against Valuation Ruling (VR) 775/2015 December 1, 2015. The revision petitions was filed by M/s Shamim Enterprises and…
Revenue collections at Customs stage surges by 7.5 percent in first half of the fiscal year
KARACHI: The overall revenue collection by Pakistan Customs in the fiscal year so far i.e. six months (July-December 2015) has surged by 7.5 percent to Rs499 billion as against Rs464…