SHC restrains customs from coercive recovery of rupees 168 million
KARACHI: A show cause notice issued to the Spark World was suspended by a custom appellate bench of High Court of Sindh comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: A show cause notice issued to the Spark World was suspended by a custom appellate bench of High Court of Sindh comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar…
KARACHI: Pakistan Customs was ordered on Wednesday to remove hold forthwith from consignments of LCD parts imported by Spark World Private distributors of Samsung products in Pakistan. The order came…
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbsi and Justice Zulfiqar Ahmed Khan on Tuesday disposed off six petitions filed by importers…
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan stayed the recovery of custom duty and other taxes…
KARACHI: A customs appellate bench of High Court of Sindh (SHC) on Wednesday asked petitioner Fauji Cement Limited to furnish details of imports with details of Goods Declarations by Oct…
KARACHI: Pakistan’s Liquefied natural gas (LNG) imports in fiscal year FY19 ended June 30, 2019, stood at $3.33 billion, up 35.96 percent as compared with LNG imports of 2.45 billion…
KARACHI: The hearing of a petition filed by Steel Vision, importer of steel items was adjourned till July 15 by a customs appellate bench of High Court of Sindh (SHC)…
KARACHI: The current account deficit narrowed by 29 percent during first eleven months owing to shrinking trade deficit and improved foreign remittances. The State Bank of Pakistan (SBP) released Balance…
KARACHI: The detention of consignment on verbal orders of Deputy Collector R&D was disapproved by a customs appellate bench of High Court of Sindh here Thursday. The bench heard petition…
KARACHI: Justice Aftab Ahmed Gorar of High Court of Sindh on Friday admitted Faizan Fayaz of Faizan & Company to protective bail for seven days against a solvent surety of…
KARACHI: An appellate bench of High Court of Sindh on Monday adjourned hearing of a petition filed by Messers Bio-tech which imports bio-diesel products. The petitioners challenged the notice of…
KARACHI: Pakistan’s trade deficit contracted over 11% to $21.5 billion in first eight months of the current fiscal year (July-February 2018-19), primarily because of a steep decline in imports, data…
KARACHI: The July-December 2018 trade numbers were released on Thursday, where Pakistan’s exports were recorded at $11.1 billion, up 1.7 percent over last year while the country’s imports for the…
KARACHI: Justice MuhammadAli Mazhar of High Court of Sindh (SHC) hearing a suit filed by Prime Packages against FBR, Collector of Customs, Port Muhammad Bin Qasim ordered release of the…
KARACHI: Pakistan’s trade deficit in five months (July-November 2018) clocked in at $14.513 billion, down 2.03 percent compared with the deficit of $14.814 billion in the corresponding period last year,…
RAWALPINDI: Islamabad Chamber of Small Traders (ICST) on Sunday asked the government to take steps to further curtail unnecessary imports. The gap between imports and exports is alarming, which is…
KARACHI: Tariq Khosa, link judge for Special Customs Court Karachi on Monday admitted an accused in betel nuts smuggling case to bail against a solvent surety of rupees 200,000. Muhammad…
KARACHI: Pakistan’s reserves adequacy is among the lowest of rated sovereigns covering less than two months of imports as of September 2018”, notes Moody’s in its ‘Global Emerging Markets: Outlook’…
KARACHI: Pakistan’s trade deficit narrowed down by 2.0 percent to $11.786 billion in the first four months of the current fiscal year – July-October of 2018-19. Pakistan Bureau of Statistics…
KARACHI: Amreli Steels Limited has invited bids from internationally reputed consultancy firms as the Board of Directors of Amreli Steels Limited has approved third phase of expansion plan with an…