Customs values of milk powder revised
KARACHI: Director Customs Valuation Karachi, Dr. Wasif Ali Memon has revised the customs values of skimmed milk powder and instant milk powder vide Valuation Ruling No.843/2016. The values of skimmed…
Customs values of potato frozen French fries revised
KARACHI: Director Customs Valuation Karachi, Dr. Wasif Ali Memon has revised the customs values of potato frozen French fries vide Valuation Ruling No.842/2016. The values of frozen potato French fries…
SHC adjourns hearing of SCRA’s filed by Soap Manufaturers Association
KARACHI: An Appellate bench of High Court of Sindh (SHC) comprising Justice Muneeb Akhtar and Justice Abdul Malik Gaddi on Wednesday adjourned hearing of two Special Customs Reference Applications (SCRA’s)…
PCA serves Audit Observations on aerosol spray paint importers
KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has served Audit Observations on five importers who evaded government revenue through claiming inadmissible benefit of concessionary SROs on the import…
Customs Values of split air conditioners revised
KARACHI: Director Customs Valuation Karachi, Dr. Wasif Memon has revised the customs values of split air conditioners (conventional/inverter type) vide Valuation Ruling No.839/2016. Importers of components for split air conditioners…
SHC division bench suspends single judge order in Indian buses case
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmed Khan on Wednesday suspended order passed by a single judge…
Customs values of chewing gum revised
KARACHI: Director Customs Valuation Dr. Wasif Memon has revised the customs values of chewing gum vide Valuation Ruling No.834/2016. The customs values of chewing gum were determined vide Valuation Ruling…
Customs values of glass, float glass revised
KARACHI: Director Customs Valuation Dr. Wasif Ali Memon has revised the customs values of float glass and other glass vide Valuation Ruling No. 828/2016. Importers of various types of glassed…
FBR takes measures for making paying taxes and duties more convenient
KARACHI: Through better and more extensive use of information technology, the Federal Board of Revenue (FBR) has introduced several measures to simplify procedures for paying taxes and to minimize contact…
I&I-IR sends investigation reports of eight big companies to RTOs
KARACHI: The Directorate General of Investigation and Intelligence, Inland Revenue (I&I-IR), Karachi, has sent the investigation reports containing tax evasion details of eight big companies to different Regional Tax Offices…
Appraisement East submits challan, holds Sharjeel Jamal as engineer of the scam
KARACHI: The MCC Appraisement East has submitted interim ‘challan’ before the Special Customs Court in respect of 13 FIRs lodged against M/s AMI Pakistan and several other importers in the…
PCA serves audit observation on M/s Master Beverages & Foods Limited
KARACHI: PCA serves audit Directorate Karachi has served an Audit Observation on M/s Master Beverages & Foods Limited Gujranwala regarding short payment or evasion of duty and taxes amounting to…
SHC summons Collector Customs (Preventive) in a case of alleged excess by ASO
KARACHI: A divisional bench of High Court of Sindh comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmad Khan on Tuesday ordered attendance of Collector Customs, Preventive by 2…
License of M/s AMI Pakistan is at stake; MCC Preventive holds hearing
KARACHI: MCC Preventive Karachi has served a Show Cause Notice on M/s AMI Pakistan (Pvt) Ltd to explain the incident wherein the company mis-declared the information regarding port of loading…
Customs values of monosodium glutamate revised
KARACHI: Director Customs Valuation Dr. Wasif Memon has revised the customs values of Monosodium Glutamate vide Valuation Ruling No. 823/2016. Customs values of monosodium glutamate were determined vide Valuation Ruling…
Soap importers challenge to Valuation Rulings adjourned till April 06
KARACHI: The hearing of petitions filed against valuation of Soap Noodles at higher arbitrary rates by the Directorate of Custom Valuation was adjourned till April 6 by a bench of…
Customs values of copper clad laminated sheets revised
KARACHI: Director Customs Valuation Dr. Wasif Memon has revised the customs values of copper clad laminated sheets vide Valuation Ruling no. 821/2016. Importers of Copper Clad Laminated Sheets agitated against…
AMI Pakistan seems to make Noman Rauf a scapegoat
KARACHI: The turns of events suggest contrary to the claims of M/s AMI Pakistan Pvt Ltd that their import manager named Noman Abdul Rauf mis-declared the port of loading and…
Customs values of sodium hydrogen revised
KARACHI: Director Customs Valuation Dr. Wasif Memon has revised the customs values of sodium hydrogen (sodium bicarbonate) vide Valuation Ruling No.820/2016. Customs values of Sodium Hydrogen (Sodium Bicarbonate) were determined…
Customs initiates verification of last 03-year import indices filed by M/s AMI Pakistan
KARACHI: The office of Chief Collector of Customs Appraisement South has advised all the Collectorates to verify the import indices of M/s AMI Pakistan (Pvt) Ltd filed in last 03…