Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: MCC Appraisement East and MCC Appraisement West have reported a plunge of 11 percent and 8.0 percent, respectively in March 2019, as the legal imports have been reduced considerably…
KARACHI: The Directorate of Customs Valuation has determined the customs values of LED Christmas/rice/festival decoration lights vide Valuation Ruling No. 1030/2017. The reference values of LED Christmas/rice/festival decoration lights imported…
KARACHI: Customs Appraisement has recovered a sum of Rs50 million approximately from M/s Al-Imdad General Trading Corporation and M/s Al-Darwish as the amount was short-paid/evaded through mis-declaration of PCT on…
KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has detected evasion of Rs389 million, which several importers of sunflower seeds extraction evaded through mis-declaration. During the audit conducted on…
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Irfan Sadaat Khan and Justice Muhammad Humayun Khan on Tuesday issued notices to Secretary, Revenue Division, Chief Collector…
KARACHI: A division bench of High Court of Sindh (SHC) issued notices to Secretary (ST & FE) Procedure & Exemption, Additional Secretary, Ministry of Finance and Economic Affairs, Collector Customs…
KARACHI: Justice Shafi Siddiqui of the High Court of Sindh (SHC) on Monday while hearing a suit filed by Bin Qasim International and Diamond Impex Corporation, importers of toilet soaps…
KARACHI: The overall revenue collection by Pakistan Customs in the fiscal year so far i.e. two months (July-August 2016) stood at Rs159.17 billion as against Rs159.547 billion in the same…
KARACHI: Justice Muhammad Shafi Siddiqui of High Court of Sindh hearing a plea by Pakistan Customs lawyers adjourned hearing of a suit filed by importers of raw cotton. According to…
KARACHI: The revenue collection by Pakistan Customs crossed the trillion mark, as Pakistan Customs collected Rs1.076 trillion in the fiscal year 2015-16, up 16 percent as compared with the total…
KARACHI: The Federal Board of Revenue (FBR) has nominated focal persons for USAID-Pakistan Regional Economic Integration Activity Project (PREIA). The focal Persons will prepare detailed Terms of Reference (ToRs) of…
KARACHI: Directorate of Post Clearance Audit (PCA) Karachi has served Audit Observation on M/s GM Cables & Pipes Pvt Ltd creating a demand of Rs7.055 million, an amount, which was…
KARACHI: Directorate of Post Clearance Audit (PCA) Karachi has served Audit Observation on M/s Premier Cables Pvt Limited creating a demand of Rs40.514 million, an amount, which was short-paid by…
KARACHI: Directorate of Post Clearance Audit (PCA) Karachi has served Audit Observation on M/s Newage Cables Pvt Limited creating a demand of Rs14.679 million, an amount which was short-paid by…
KARACHI: The Court of Justice Justice Muhammad Iqbal Kalhoro has adjourned the bail hearing of Sharjeel Jamal of M/s U Trade Shahrukh Jamal, Jamaluddin till May 31, 2016. The applicants…