Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: An application filed by Messer’s A.F.Steel Re-rolling Mills for return of surety of differential amount of duty and taxes deposited with the Nazir of SHC was allowed by a…
KARACHI: Pakistan Customs Authorities – PCA South region has exposed a colossal tax evasion scandal involving M/s Eastern Steel Karachi. The scam centered around goods worth Rs 2 billion that…
The Collector Customs Enforcement Ports has taken several measures to streamline the affairs at the baggage section at ports, where mal practices and revenue loss were rampant in the garb…
Karachi: Digibook and Creative 3D, two start-ups at the Institute of Business Management’s Shahjehan S. Karim Incubation Centre (SSKIC) emerged as the top ideas at the third edition of the…
In a high-stakes chase through the premises of Customs Court Karachi, Customs PCA South team has successfully apprehended Rab Nawaz, the central figure in a colossal money laundering scandal linked…
Summary Balance of Payments as per BPM6 – December 2023 Summary_BOP_BPM6 Exports and Imports of Goods & Services Goods & Services
GWADAR: The Directorate of Intelligence and Investigation-Customs, Gwadar has made two major seizures of smuggled diesel and plastic shoppers in the last week, totaling Rs. 45.7 million in value. On…
KARACHI: In consonance with the Federal government’s initiative to curb activities falling under grey spectrum like smuggling of goods and under-invoicing/mis-declaration in imports and Money Laundering, the Directorate of Intelligence…
KARACHI: The Model Customs Collectorate (MCC) Port Qasim has granted relief to a coal importer by issuing a delay and detention certificate and changing the consignee name of the imported…
KARACHI: After the successful implementation of the pilot phase of the Mercantile Marine Department (MMD) integration with PSW, the commercial imports and exports of all items falling under the purview…
Pakistan’s auto sales of local assemblers dropped to a record low of 4,250 units in July 2023, according to provisional data from the Pakistan Automotive Manufacturers Association (PAMA). This represents…
KARACHI: The Ministry of Health has ordered the Directorate General of Plant Protection (DPP) to stop the clearance of any container carrying betel nut (supari) that has arrived at Karachi…
Summary Balance of Payments as per BPM6 – June 2023 4. Summary_BOP_BPM6 Exports and Imports of Goods & Services 5. Goods & Services
KARACHI: The Customs Enforcement Karachi has delivered a remarkable performance in the anti-smuggling drive during the last two months of the fiscal year 2023, seizing goods worth Rs1.524 billion and…
KARACHI: Sources have revealed that sensitive agencies have joined the probe into the massive money laundering scam involving solar panel imports. The agencies have approached Customs authorities and sought all…
KARACHI: Pakistan posted a Current Account surplus of USD 255mn for the month of May’23 compared to a deficit of USD 1,506mn during May’22. This is the third consecutive monthly…
Pakistan’s MCC Appraisement East has engaged the services of Advocate Khalid Mahmood to scrutinize the import of 50 units of electric buses by M/S CAUSIS Mass Transit (Pak), which sought…
Karachi: Two leading organizations, National Foods Limited and Lucky Core Industries Limited, signed a Memorandum of Understanding (MoU) on 27th April to collaborate on tomato seed development and research. The…
KARACHI: A custom appellate bench of High Court of Sindh issued a detailed judgment in petitions pertaining to levy of regulatory duty on “Motor Spirit”. The Petitioners in all these…
Exports and Imports of Goods & Services (Million US $ ) Goods & Services Summary Balance of Payments as per BPM6 – March 2023 Summary_BOP_BPM6