Pakistan Customs, Tax, Shipping & Business News Resource
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…
KARACHI: The Ministry of Finance has slapped Regulatory Duty (RD) in the range of 5.0% to 90% on 611 different importable items including vehicles to discourage unnecessary imports, while RD…
KARACHI: The cut-off date for import of luxury items will be counted from the date of House Bill of Lading or Master Bill of Lading. This question came before a…
MULTAN: A credible information was passed through Collector Appraisment West Tahir Qureshi to Additional Collector Yasir Kalwar and Deputy Collector Raza Naqvi that M/s Multan Institute of Kidney Diseases (MIKD)…
PESHAWAR: The Collectorate of Customs (Appraisement), Peshawar in pursuance of an information passed through Collector Amjad-ur-Rehman to Additional Collector Shahid Jan that some unscrupulous element will attempt to smuggle the…
KARACHI:The officials of Pakistan Customs at Jinnah International Airport (JIAP), Karachi seized food stuff, fruits, Sanitary Ware, Used Mobile Phones and branded shoes brought allegedly under the garb of bona…
KARACHI: Federal Tax Ombudsman, while deciding an Own Motion investigation on 28th April, 2021 has directed FBR to constitute a high-powered inquiry committee in a blatant and eye-opening income tax…
KARACHI: A Committee has been constituted comprising Director General I&I Abdul Rasheed Shaikh, Director General Customs Valuation Dr. Fareed Iqbal Qureshi, Chief Collector Appraisement Lahore Faiz Ahmed and Additional Collector…
QUETTA: Supreme Court of Pakistan (SCP) has dismissed the petitions filed by Chairman FBR regarding assessment of Pistachio (shelled and unshelled) imported from Iran via land route and upheld the…
KARACHI: An income tax appellate bench of High Court of Sindh (SHC) while deciding a constitution petition filed by Younus Textile Mills against Chief Commissioner, Inland Revenue and others held…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Karim Khan Agha and Justice Khadim Hussain Tunio dismissed a criminal acquittal appeal filed by Anti Narcotics Force…
QUETTA: Customs Quetta has seized large quantity of smuggled goods worth Rs16.4 million and transporting vehicles worth Rs67.4 million. Information was passed through Member Customs Tariq Huda and Chief Collector…
QUETTA: The anti-smuggling squads of Quetta Customs Enforcement Collectorate in two separate but connected operations seized eleven containers fully loaded with smuggled goods worth Rs500 million in Barkhan and Loralai…
KARACHI: Hearing achallenge to Circular pertaining to regulation and assessment of value of goods exported from EPZ area to Tariff area, a customs appellate bench of High Court of Sindh…
KARACHI: Clarifying its order, a customs appellate bench of High Court of Sindh ordered the petitioner to only secure/ deposit of disputed amount of duty and taxes with the Nazir…