Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Federal Constitutional Court of Pakistan (FCCP) bench headed by Chief Justice Amin-uddin Khan with Justice Ali Baqar Najafi allowed hundreds of civil appeals challenging insertion of Section 7-E into…
KARACHI: With only one month left in the fiscal year, Pakistan’s tax collection system has released a new report that gives reason for both hope and serious concern. For the…
KARACHI: A custom appellate bench of High Court of Sindh (SHC) disposed of a Special Customs Reference Application (SCRA) 584 of 2019 filed by Director General of Post Clearance Audit,…
KARACHI: A customs appellate bench of High Court of Sindh (SHC) decides four Special Customs Reference Applications filed by Directorate of Intelligence & Investigations (I&I) against Messer’s Mansoor Stores and…
KARACHI: Customs Authorities have filed a complaint against a city businessman, accusing him of a major tax evasion scheme involving the import of textile fabrics worth nearly Rs. 600 million.…
KARACHI: Passing an Order in Original, ADC Adjudication vacated Show Cause Notice (SCN) issued against Hoora Pharma Private Limited holding that the sutures of different kinds are “disposables” within the…
KARACHI: The All Pakistan Textile Mills Association (APTMA) has urged the FBR to adjust the Super Tax liability following the recent decision of the Federal Constitutional Court against outstanding Sales…
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…