Pakistan Customs, Tax, Shipping & Business News Resource
ISLAMABAD: In a historic judgment, the Supreme Court of Pakistan has unanimously upheld the statutory powers of the Competition Commission of Pakistan (CCP). The powers relate to gathering of information…
KARACHI: A custom appellate bench of High Court of Sindh (SHC) disposed of a petition filed by Messer’s Tecno Pack Electronics (Pvt) Ltd in respect of its imported consignment of…
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: A custom appellate bench of High Court of Sindh issued a detailed judgment in petitions pertaining to levy of regulatory duty on “Motor Spirit”. The Petitioners in all these…
KARACHI: An appellate bench of High Court of Sindh (SHC), allowed five identical petitions filed by officials of Inland Revenue, F.B.R and set aside letter sent to FBR for investigations…
KARACHI: A special custom reference application filed by Collector of Customs against a common order of Custom Appellate Tribunal passed in favor of one Kazim Raza and another and also…
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: A taxation appellate bench of High Court of Sindh issued detailed order in dozens of connected petitions pertaining to inter-corporate dividends filed by International Brands Limited, Engro Corporation, Searle…
KARACHI: Deciding over a dozen identical Special Custom Reference Application filed by Collector of Customs against a judgment of Custom Appellate Tribunal pertaining to value of Polyester Poly Fleece Fabrics.…
KARACHI: A custom appellate bench of High Court of Sindh allowed a request for release of consignment after judgment came in favor of appellant Chaudhary Sultan Mehmood. The bench earlier…
KARACHI: An appellate bench of High Court of Sindh decided Special Federal Excise Reference Application filed in the year 2009, 2014 and 2016 in favor of the applicant companies. Khalid…
KARACHI: The Customs Appellate Tribunal has reserved the judgment in the case regarding fraudulent import of electric buses, which would be announced on January 18, 2022. However, the Customs is…
This appeal challenges the Judgment and Decree passed in Suit No. 1663 of 2009 where the core issue as to whether the colouring compounds commercially known as “Masterbatches” locally manufactured,…
KARACHI: Karachi Tax Bar Association (KTBA) has protested the estimation of advance tax liability by tax officers and notices for such recovery. Syed Rehan Hasan Jafri, President KTBA in a…
KARACHI: An appellate bench of High Court of Sindh allowed dozens of constitution petitions filed against imposition of Super Tax through a short order with detailed order to follow. The…
KARACHI: The Directorate of Intellectual Property Rights filed a number of petitions against Federation of Pakistan through Secretary M/o Law & Justice, Government of Pakistan and other private respondents including…
KARACHI: The MCC Port Muhammad Bin Qasim (PMBQ) and its lawyer Khalid Rajpar meticulously fought a case in respect of construction vehicles/mixer truck and foiled a systematic bid to get…
KARACHI: A full bench of Supreme Court of Pakistan dismissed an appeal filed by The Mall, DHA against a judgment by High Court of Sindh dated 4-12-2014 which hold that…
KARACHI: Dozens of petition filed against demands raised under newly added section pertaining to capital assets. The federal government has introduced a new section 7E to Income Tax Ordinance through…
KARACHI: An appellate bench of High Court of Sindh (SHC) dismissed a STRA filed by Inland Revenue against Hamdam Paper Corporation (Pvt) Ltd., Karachi. The bench was poised to hear…