SHC disposes of suits setting Customs free to proceed with SCNs
KARACHI: A Custom Appellate bench of High Court of Sindh (SHC) disposed of two suits after counsel for plaintiff side submitted a statement for disposal. The bench disposing off Suit…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: A Custom Appellate bench of High Court of Sindh (SHC) disposed of two suits after counsel for plaintiff side submitted a statement for disposal. The bench disposing off Suit…
KARACHI: Anees Ali Syed, s/o Syed Altaf Hussain, Assistant Collector (Import), Pakistan Customs posted at Customs House Karachi has lodged a F.I.R against two identified and three un-identified persons who…
KARACHI: Federal Board of Revenue (FBR) has advised all Chief Collectors of Customs to submit a report regarding the challenges facing Pakistan Tea Association (PTA). About the issues and recommendations,…
Karachi (PR) Mian Anjum Nisar, President “The Federation of Pakistan Chambers of Commerce and Industry” (FPCCI) said the decision of the withdrawal of 5% regulatory duty on the import of…
KARACHI: Drug Regulatory Authority of Pakistan (DRAP) was asked to act per its law and mandate and decide the application of a petitioner company for grant of NOC. The bench…
Karachi: Agha Steel Industries is going to sell 100,000 metric tons of low-carbon billets worth approximately Rs 10.5 billion per annum to Horizon Steel, a press release said on Monday.…
KARACHI: A custom appellate bench of High Court of Sindh will hear arguments on law point that what would be the responsibility of a custom clearing agent if a container…
KARACHI: Producers in U.S. and China have begun shipping 10-minute Test Kit for COVID-19 virus exposure, and local traders want to import these testing kits but government has not notified…
Pakistan plans to remove duties on many raw materials used by exporters, aiming to make them more regionally competitive and help the economy escape a recurring boom-bust cycle. Duties on…
KARACHI: Sharjeel Jamal of M/s UTrade Logistics has highlighted loss of government revenue to the tune of one billion rupees through the misuse of SRO 492(I)/2011 in connivance with the…
ISLAMABAD: The new tariff policy envisages gradual cut in import tariff, wherein the duty slabs will be reduced from maximum 25 to 15 percent and minimum slab from 3 percent…
KARACHI: The ship breaking industry is enjoying concessionary tax regime on re-melt-able iron scrap detrimental to commercial importers and manufacturers. The commercial importer, manufacturers also faces Import Policy Restriction and…
KARACHI: Justice Fahim Ahmed Siddiqui of High Court of Sindh hearing nine identical revision applications filed by Director of Directorate of Intelligence & Investigations (DIT), Pakistan Customs assailing judgment by…
KARACHI: A petition pertaining to import of old clothes was disposed of on Tuesday by Custom Appellate bench of High Court of Sindh directing the custom officials to re-assess the…
ISLAMABAD: Pakistan’s exports recorded 6% growth during October 2019, while imports declined 17% over same month of last year resulting in 32% reduction in the trade deficit. In October, exports…
KARACHI: The implementation of orders in appeals allowed by the Special Customs Appellate Tribunal was stopped by a division bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed…
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Mahmood A Khan on Wednesday restrained Pakistan Customs from initiating any criminal…
ISLAMABAD: Ministry of Finance in a statement claimed macro adjustment policies such as monetary tightening, exchange rate adjustments and cuts in development spending have started paying the desired results with…
KARACHI: Justice Muhammad Junaid Ghaffar of High Court of Sindh on Monday allowed an application filed by Supreme Terminal Pvt Limited, Port Qasim and Supreme General Trading L.L.C Dubai in…
KARACHI: Pre-admission notices were issued for Oct 04 to Deputy Attorney General and respondent customs officials including Directorate of Intelligence and Investigations (DIT) here on Thursday. Earlier an appellate bench…