Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: A custom appellate bench of High Court of Sindh (SHC) comprising Justice Agha Faisal and Justice Muhammad Osman Ali Hadi allowed a Special Customs Reference Application filed by Directorate…
KARACHI: The Directorate of Post Clearance Audit & Internal Audit (PCA & IA – South) has unearthed a major tax evasion scheme, leading to the registration of a First Information…
LAHORE: In what has emerged as one of Pakistan’s most complex customs fraud cases, the Customs Appellate Tribunal in Lahore has dismissed 298 appeals tied to the clandestine import of…
KARACHI: A scathing report by the Directorate General of Customs Risk Management (RMS) has exposed critical shortcomings in the Faceless Customs Assessment (FCA) system, revealing worsening clearance delays, declining revenue,…
Karachi: The Collectorate of Customs (Appraisement-West) in Karachi has exposed a major case of misdeclaration and tax evasion involving two consignments of imported fabric. The scam, worth approximately Rs. 43.9…
KARACHI: In a series of events that could adversely impact post clearance audit regime, the Sindh High Court (SHC) has acknowledged the assistance provided by Director PCA South, Mr. Sheeraz…
Lahore: Collectorate of Customs Appraisement (West) Lahore has lodged a First Information Report (FIR) against an organized network involved in customs fraud. The FIR (No. 01/2025), registered on April 14,…
ISLAMABAD: The United States and Pakistan continue to rely on a two-decade-old trade pact as their primary forum for addressing bilateral commerce and investment issues, even as U.S. businesses face…
KARACHI: Acting on a tip-off, the Customs Exports Collectorate of Port Muhammad Bin Qasim (PMBQ) has halted the clearance of eight containers belonging to M/s Steel Vision EPZ Karachi. These…
KARACHI: A custom appellate bench of High Court of Sindh allowed a petition filed by Lucky Motor Company challenging retrospective recovery of custom duty in respect of Kia Sportage vehicle…
KARACHI: Hearing dozens of constitution petitions filed by automobile manufacturers since 2019, a custom appellate bench of High Court of Sindh sought a specific response from Chairman FBR in respect…
KARACHI: Sheeraz Ahmed, an accused arrested in Rupees 290 Billion sales tax fraud case was admitted to bail by Justice Adnan Iqbal Choudhry of High Court of Sindh (SHC). Umer…
KARACHI: In a significant victory against the illegal trade of smuggled goods, the Customs Enforcement team in Karachi executed a successful raid on the Star City Mobile Market, located in…
KARACHI: In a significant development, a large-scale money laundering scandal has been unearthed in the import of solar panels, revealing over-invoicing amounting to Rs69.5 billion between 2017 and 2022. The…
KARACHI: A custom appellate bench of High Court of Sindh (SHC) granting applications for urgent hearings in two Special Customs Reference Applications (SCRA’s) filed by Collector of Customs (East) through…
KARACHI: The hearing of suit filed by Cosmix Engineering against Pakistan Customs, Appraisement, West (AIB / R&D) was adjourned for two weeks by a single judge of High Court of…
KARACHI: The Directorate of Customs Valuation has approached the Sindh High Court, contesting the order issued by the Customs Appellate Tribunal. On the directives of Director Valuation Tahir Qureshi, Additional…
KARACHI: The hearing of a suit filed by Messer’s Cosmix Engineering against Pakistan Customs, Appraisement, West (AIB) and others till Jan 24 after counsel for respondents Sardar Zafar Hussain Advocate…
KARACHI: In an effort to enhance the efficiency and security of bonded cargo movement, the Directorate of Transit (HQ) in Karachi has introduced new Standard Operating Procedures (SOPs) for the…
KARACHI: The Directorate of Transit Trade has rolled out new guidelines to enhance the transportation of transit, transshipment, and Karachi Export Processing Zone (KEPZ) cargo. Effective from January 1, 2025,…