SHC suspend order of Federal Tax Ombudsman
KARACHI The order of Federal Tax Ombudsman (FTO) directing Collector of Customs Appraisement West to release goods provisionally was suspended by a custom Appellate bench of High Court of Sindh…
PHMA Protests New Customs Valuation Ruling
KARACHI: The Pakistan Hardware Manufacturers Association (PHMA), representing hardware and tools traders for over six decades, has raised concerns over the recently issued Valuation Ruling No. 1908/2024 by Customs on…
SHC allows provisional release of goods against securing of 100 per cent penalty
KARACHI: The provisional release of goods imported by Anwar Trading Co was allowed by a custom appellate bench of High Court of Sindh against securing of 100 per cent penalty…
Custom Appellate Tribunal orders beyond jurisdiction, causes loss to federal revenue
KARACHI: A number of orders/ judgments passed by Custom Appellate Tribunal (CAT), Karachi benches are beyond jurisdiction causing huge losses to the federal revenue, says lawyers practicing on Custom side.…
Karachi Customs Busts Duty Evasion Scam on Submersible Motors
KARACHI: The Customs Collectorate SAPT Karachi has exposed a massive duty evasion scam involving the import of submersible motors from China. The importer, M/s. Shahid Sons, has been booked for…
Sindh High Court suspends faulty judgements of Customs Appellate Tribunal
KARACHI: The Sindh High Court has set aside several judgements issued by the Customs Appellate Tribunal that allowed importers to have their goods assessed at their declared value instead of…
Customs Appraisement East issues new directives to prevent misdeclaration of imports
KARACHI: The Customs Appraisement East has issued a notification to all its officers and officials to ensure strict scrutiny of Electronic Import Forms (EIFs) and Goods Declarations (GDs) in order…
Customs Peshawar lodges FIR against several for mis-declaration
KARACHI: Customs Appraisement Peshawar has lodged an FIR against several importers and Customs agents for evading government revenue through mis-declaring the weight of the imported goods. FIR is lodged against…
Customs Appellate Tribunal orders recover of evaded sum of RS491.29 million from M/s Nestle Pakistan
KARACHI: Customs Appellate Tribunal has ordered recovery of Rs491.29 million from M/s Nestle Pakistan, which the multi-national company had evaded through mis-declaration of PCT heading of the imported goods. Information…
MCC Appraisement detect revenue evasion of Rs17 million
KARACHI: MCC Appraisement East has detected gross revenue evasion by certain importers through fraudulent tactics and mis-declaration of imported goods. Information was passed through Collector Amir Thaim to Additional Collector…
SHC fixes Jan 31 to hear and decide effects of Proviso to Section 81 of Customs Act 1969
KARACHI: The denial of provisional release of imported goods after the insertion of Proviso to Section 81 of the Custom Act will be heard by a custom appellate bench of…
SHC gives interim relief to A.O Traders
KARACHI: A Custom Appellate bench of High Court of Sindh ordered release of goods imported by A.O.Trafers as interim arrangement. The bench earlier heard counsel from noted law firm Franklin…
SHC orders no coercive action against MM Steel, Sialkot
SHC restrain custom from coercive action against M.M.Steel Sialkot while directing custom authorities to re-examine the request for mutilation of imported goods. The petitioner company moved the court through Rana…
SHC allows TP in respect of imported goods against post date cheques
KARACHI: Hearing a petition CP-D-6300 of 2021 filed by Messrs Build Trade against Chairman F.B.R and Collector Customs, MCC, A & F, East, a custom appellate bench of High Court…
LHC interim order hailed by medical suppliers Medical devices price to drop
LAHORE: The medical suppliers have hailed an interim order passed by a single judge of Lahore High Court in a writ petition filed by 45 petioner companies including A.S. Enterprises,…
MCC Appraisement East lodged 2 FIRs against habitual culprits
KARACHI: MCC Appraisement East has lodged 2 FIRs against a certain group of people for submitting fake/bogus pay orders of differential amount of duty and taxes for the release of…
M/s Amreli Steels Limited caught mis-declaring imported goods to evade duty and taxes
KARACHI: MCC Port Qasim has detected gross mis-declaration of imported goods by M/s Amreli Steels Limited, which would have caused a significant revenue loss if went undetected. Amreli Steels Limited…
SHC stays collection of 3.0 percent additional tax
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi on Friday restrained collection of three percent additional tax…
Special Customs Court Lahore acquits accused in Goods transshipment fraud case
LAHORE: Khaqan Babar. Special Judge Customs, Taxation and Anti-smuggling, Lahore allowing an acquittal application under section 265-K exonerated applicant/petitioner Muhammad Kamal Subhani. The applicant was accused of replacing goods of…
Several arrested for defrauding Pakistan Customs
KARACHI: MCC Appraisement East has detected revenue evasion of Rs8.2 million, and booked several accused for evasion of duties and taxes through submission of fake and forged documents showing under-invoiced…