Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: MCC Port Qasim has detected evasion of government revenue by M/s Rana Enterprises by mis-declaring weight of the imported LED lights. The importer in connivance with the clearing agent…
KARACHI: Directorate General of Customs Intelligence & Investigation has constituted a joint investigation team (JIT) to investigate the pilferage of transshipment (TP) consignments by M/s K.K Metal Industry. The phenomenon…
KARACHI: The Sindh High Court as an interim arrangement has directed the Customs authorities for installation of tracking devices in the containers destined for Karachi Export Processing Zone (KEPZ) under…
KARACHI: Directorate of Customs Intelligence & Investigation (Enforcement) Karachi has lodged FIR against certain importers for defrauding government by mis-declaring the imported fabric and fan belts as steel remeltable scrap.…
KARACHI: It has become quite easy to harass government officers and officials, any person running a website or printing handful of magazines can defame, pressurize and even character assassinate officers…
KARACHI: Collector MCC Appraisement East Ashad Jawwad has informed MCC Appraisement West and MCC Port Qasim that the Federal Board of Revenue (FBR) had via telephonic directives declined the proposed…
KARACHI: MCC Port Qasim has foiled a bid to evade duty and taxes amounting to Rs10.25 million by M/s Al-Aziz & Co through mis declaration. M/s Al-Aziz filed Goods Declaration…
KARACHI: MCC Port Qasim has served a contravention report on M/s Chaudhry Steel Re-rolling Mills Pvt Ltd for attempting to evade government revenue through misdeclaring description of imported goods. M/s…
KARACHI: MCC Port Qasim has detected misuse of concessionary order SRO 659(I)/2007 causing colossal loss to the national exchequer. The collectorate detected evasion of duty/taxes amounting to Rs67.7 million on…
KARACHI: MCC Appraisement East has issued an alert for the information of appraisement collectorates as an evasion of anti-dumping duty on import of tiles from China has been detected. MCC…
KARACHI: MCC Quetta has booked certain importers and foreign pre-shipment inspection (PSI) companies including M/s Bureau Veritas of UAE and M/s SGS China for defrauding Pakistan’s authorities to enable clearance…
KARACHI: MCC Port Qasim has seized eight used and old Hino trucks, which were cleared through clearing agent M/s J.L Enterprises by mis-declaring the year of manufacture to circumvent the…
KARACHI: Directorate of Customs Intelligence & Investigation (enforcement) Karachi has served a contravention report on M/s Nestle Pakistan Limited for evading government’s legitimate revenue through under-declaring the values of imported…
KARACHI: MCC Port Qasim is keeping strict vigilance over the mis-declaration and under-invoicing practice, which several importers indulge in to evade government’s legitimate revenue. Collector Port Qasim Saeed Akram has…
KARACHI: The Federal Board of Revenue (FBR) has notified the procedure to streamline transportation of high speed diesel (HSD) produced locally as M/s Byco Refinery or cleared at single point…
KARACHI: MCC Appraisement West, MCC Port Qasim and MCC Peshawar have initiated joint investigations into the affairs of Nauman Gul alias Nomi and his associates in the case of illegal…
KARACHI: The fact finding committee formed by the Federal board of Revenue (FBR) to investigate the case of clearance of miscellaneous goods in the garb of iron & steel remeltable…
KARACHI: National Accountability Bureau (NAB) Peshawar has taken up the multi-billion rupees scam, which the former member customs and former chairman FBR attempted to bury in the pile of files.…
KARACHI: The directorate of Internal Audit-Customs has found several discrepancies in the affairs of MCC Port Qasim during the period 2015-16, which resulted in revenue loss of Rs3.806 billion during…
KARACHI: Chief Collector Appraisement South has notified transfers and postings of principal appraisers and appraising officers. PA Shahid hussain Rizvi is moved from Dorectorate of Transit Trade to MCC Port…