Pakistan Customs, Tax, Shipping & Business News Resource
ISLAMABAD: Pakistan’s Federal Board of Revenue has unveiled draft rules that would exempt a wide range of goods imported through the Sost dry port in Gilgit-Baltistan from sales tax, income…
KARACHI: Agreeing with the arguments advanced by counsel for Collector of Customs Appraisement (East) a custom appellate bench of High Court of Sindh (SHC) comprising Justice Agha Faisal and Justice…
KARACHI: A Custom Appellate bench of High Court of Sindh (SHC) admitted four identical Special Customs Reference Application filed in year 2019 by Collector of Customs (Appraisement) East against Mian…
ISLAMABAD: The Pakistan government has introduced stringent measures in its 2025-26 budget to combat tax evasion and the fraudulent use of National Tax Numbers (NTNs), officials announced Tuesday. The Federal…
ISLAMABAD: The Supreme Court of Pakistan has reserved its judgment in a landmark case that could redefine the jurisdiction of customs authorities in recovering sales tax and income tax after…
KARACHI: A custom appellate bench of High Court of Sindh (SHC) allowed a Special Custom Reference Application (524 of 2022) filed by Gadoon Textile Mills Limited, Karachi challenging the powers…
KARACHI: President SITE Association of Industry Muhammad Kamran Arbi, Chief Coordinator Saleem Parekh, Senior Vice President Hanif Tawakkal, Vice President Farhan Ashrafi along with the entire Executive Committee, have demanded…
KARACHI: A Special Custom Reference Application filed by Pakistan Customs against an order passed by Custom Appellate Tribunal pertaining to jurisdiction of Pakistan Custom for enforcing recovery of short levied…
KARACHI: The Cut and Paste of paragraphs in different appeals irked an Income Tax Appellate bench of High Court of Sindh (SHC) comprising Justice Muhammad Junaid Ghaffar and Justice Jawad…
KARACHI: The Army Chief Asim Munir visited Karachi and gave briefings and instructions at the Apex Committee meeting on various issues related to land grabbing, narcotics, smuggling, tax evasion, income…
KARACHI: The Islamabad High Court (IHC) has ruled that the super tax imposed under Section 4C of the Income Tax Ordinance 2001 will not have any retrospective application and will…
KARACHI: An appellate bench of High Court of Sindh over turned a judgment by Income Tax Appellate (ITAT) passed in favor of Karachi Stock Exchange (Now Pakistan Stock Exchange) pertaining…
KARACHI: An Income Tax Appellate bench of High Court of Sindh decided a Income Tax Reference Application bearing Nos 973 to 977 of 2008, filed by Commissioner (Legal Division) against…
KARACHI: Federal Board of Revenue (FBR) had tasked Directorate of PCA South to carry out sector-based audit of solar penal importers to check twin aspects of over-invoicing and trade based…
KARACHI: An appellate bench of High Court of Sindh allowing an appeal filed by Commissioner, Inland Revenue, Large Tax Payer’s Officer (LTO) seeks discharge of sureties in favor of the…
KARACHI: While disposing of a complaint, Tax Ombudsman Asif Jah has directed FBR to withdraw the notice of monitoring of withholding tax and to cancel registration/NTN of deceased person. Briefly,…
KARACHI: Karachi Tax Bar Association (KTBA) has moved against notices issued by the Inland Revenue to Malls, Amusement Parks etc asking them to collect income tax on electricity bill. KTBA…
KARACHI: Sharjeel Jamal, Convener of FPCCI’s Advisory Committee on Trade & Regulatory Laws, for the year 2022. has congratulated the business community regarding imposition of Super Tax for the fiscal…
QUETTA: Hearing a petition filed by Quetta Chamber of Commerce & Industry (QCCI), a division bench of High Court of Sindh (SHC) restrained the In Land Revenue / Income Tax…
KARACHI: A custom bench of High court of Sindh allowed dozens of petitions filed by Shirazi Traders and other importers against Show Cause Notices (SCNs) issued by officers of Collectorate…