Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: A two member bench of custom Appellate Tribunal allowed an appeal filed by Electromed Corporation, Lahore against an Order in Original passed by Collector of Custom, Adjudication I, Karachi…
QUETTA: Customs Field Enforcement Unit Quetta conducted operations in Dalbandin and Rakhni and recovered large quantity of smuggled goods, which were being smuggled from Iran border to in-country in a…
KARACHI: The Chairman FBR and Collectors of Model Custom Collectorate East and West were put on notice by a customs Appellete bench of High Court of Sindh. The petition was…
KARACHI: Hearing a Special Custom Reference Application (SCRA) file by Procter & Gamble Pakistan, a custom bench of High Court of Sindh stayed the release of consignment of Head &…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Idrees, while highlighting the impact of unstoppable devaluation of Pakistani rupee against dollar, all-time highest inflation, warned that unsettled economic…
KARACHI: An appellate bench of High Court of Sindh disposed of a petition filed by MSC Agency Pakistan (Pvt) Ltd with consent of the parties. The bench heard Khalid Javed…
KARACHI: The release of different consignments imported by Fiber Technical Industries and Naseeruddin Lalani was ordered by a custom bench of High Court of Sindh. The consignments were detained over…
KARACHI: Accepting prayer for Ad-interim orders made by Shahbaz Aluminium, a Customs bench of High Court of Sindh ordered provisional release on securing of differential amount with Nazir of SHC.…
KARACHI: Customs Enforcement Karachi has established that Perez Ejaz s/o Ahmed Sher of M/s Shippo Pakistan (Pvt.) Ltd, Haider Ali Faran of M/s Shippo Pakistan Saif Ur Rahman s/o Raza…
KARACHI: Notices were issued in a petition challenging insertion of a new proviso in section 81 of Custom Act 1969 under which powers of Collector & Deputy Collector for provisional…
KARACHI: Customs Enforcement Karachi and I&I Karachi have jointly launched a crackdown on the misuse of unaccompanied baggage consignments, while 100% examination of baggage consignments is being ensured at MCC…
PESHAWAR: Import of fresh and dried fruits has stopped after Customs agents at Chaman and Torkham borders are protesting against increase in tariff by Pakistan government. Traders said that earlier…
KARACHI: Customs Intelligence and Investigation (I&I Karachi) has unearthed over Rs1.5 billion/month worth of revenue evasion through import and clearance of undeclared, mis-declared and banned items I the garb of…
KARACHI: Post Clearance Audit (PCA) South has established a landmark case involving Rs859.98 million against M/s Hussain Enterprises involving fiscal fraud, tax evasion, money laundering and illicit financial flows. Information…
KARACHI: A petition filed by Messers Emaan International seeking provisional release of its consignment was disposed of by a custom appellate bench of High Court of Sindh conditional to securing…
KARACHI: A customs appellate bench of High Court of Sindh (SHC) disposed of a constitution petition filed by V Next Pvt Ltd challenging the Show Cause Notice (SCN) issued under…
KARACHI: Sharjeel Jamal of UTrade Logistics has said that WeBOC system is a flop system, which is unable to stop smuggling and facilitate legitimate trade. The risk management system of…
QUETTA: Customs Intelligence and Investigation Quetta has expedited efforts against movement of smuggled goods and seized smuggled diesel engines, chassis and other automobile parts worth Rs30 million. Information was passed…
KARACHI: In terms of TEUs (20ft box), Pakistan’s overall import declined 5.5 per cent to 1.37 million TEUs in FY22 as compared with 1.45 million TEUs last fiscal year. However,…
KARACHI: Federal Government has levied additional customs duty on import of goods specified in the First Schedule to the Customs Act. According to SRO 967(I)/2022, the rate of additional customs…