Pakistan Customs, Tax, Shipping & Business News Resource
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…
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…
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…
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…
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…
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.…
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…
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Companies Advisory Council (OCAC) demands restoration of import concessions available for oil & gas sector, which were withdrawn in the Finance Act 2014-15.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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
KARACHI: Notices were issued to the Macca Traders, Hyderabad and Special Customs Appellate Tribunal, bench 1 in a Special Customs Reference Application filed by Collector Customs, Model Customs Collectorate, Hyderabad…
KARACHI: The Federal Government has increased regulatory duty on the import of old and used cars with effect from December 01, 2015. SRO 1176(I)/2015 has notified the revised schedule of…