Customs Audit finds huge evasion by M/s Pak Suzuki
KARACHI: The Directorate of Internal Audit has detected that 20 consignments of M/s Pak Suzuki Motor Co. Limited was processed without payment of duty and taxes in July 2013, the…
Pakistan Customs collect revenue of Rs159.17 billion in two months
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…
SHC adjourns suit for amending IGM in respect of Indian peanuts
KARACHI: Justice Salahuddin Panhwar of High Court of Sindh on Friday ordered Pakistan Customs to amend an Importer General Manifest (IGM) and release about half a dozen consignments of peanuts…
MCC Port Qasim reshuffles principal appraisers
KARACHI: MCC Port Qasim has notified transfers and postings of Principal appraisers. Ibrahim Khan is posted to Bulk, Bonds, One Customs Processing, R&D, Auction and Import Section. Tariq Aziz is…
Customs plea in suit by importers of raw cotton to be heard on Aug 25
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…
FBR exonerates PA Asad Aleem
KARACHI: Member Admin – FBR has accepted the appeal of Asad Aleem Principal Appraiser (BS-17) and set aside the minor penalty imposed on him by the authorized officer. The Board…
Pakistan Customs’ revenue collection crosses Rs1.0 trillion mark
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…
Customs releases Euro 7.38 million filing line plant of M/s Master Beverages & Food
KARACHI: MCC Port Qasim has released the consignment of M/s Master Beverages & Food after recovering Customs duty of Rs170 million, while the company has deposited Rs300 million of fine/penalty…
MCC Port Qasim recovers Rs1.3 billion from M/s Engro Elengy Terminal
KARACHI: MCC Port Qasim after hectic efforts has recovered Rs1.325 billion from M/s Engro Elengy Terminal (pvt) Ltd, which was outstanding against them as customs duty. According to the details,…
FBR nominates focal persons for USAID-PREIA
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…
High court dismiss earlier ruling for release of consignment of M/s Master Beverages & Foods
KARACHI: The Divisional Bench of Sindh high court has dismissed an earlier single bench ruling regarding release of the consignment of M/s Master Beverages & Foods on payment of Rs220…
FIR lodged against M/s Master Beverages & Food Limited in a multi-million fiscal fraud case
KARACHI: MCC Port Qasim has finally lodged an FIR against M/s Master Beverages & Food Limited initiating criminal proceedings against the company pertaining to fiscal fraud. MCC Port Qasim has…
SHC issue notices in Customs appeal against Master Beverages Pvt,Ltd
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Abdul Malik Gaddi on Monday ordered issuance of notices for June 06 to Master…
MCC Port Qasim seeks encashment of securities submitted by M/s Master Beverages
KARACHI: MCC Port Qasim has approached Sindh High Court in an intra-court appeal regarding modification in the Court’s earlier ruling ordering release of M/s Master Beverages & Foods on payment…
SHC dismiss suit of Engro Elengy Terminal, holds liable to pay Customs duty
KARACHI: Justice Muhammad Junaid Ghaffar of High Court of Sindh (SHC) on Thursday dismissed a suit filed by Engro Elengy Terminal against demand of Pakistan Customs for payment of Customs…
SHC allows 10 day’s to Customs for deciding 3 year old case
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmed Khan on Tuesday allowed ten days to the Pakistan Customs,…
SHC dismisses contempt application by Master Beverages
KARACHI: Justice Salahuddin Panhwar of High Court of Sindh on Wednesday dismissed a contempt of court application filed by M/s Master Beverages & Food Limited against MCC Port Muhammad Bin…
Customs Adjudication slaps penalty on M/s M.M Marine Services
KARACHI: Collector Abdul Basit Chaudry has imposed a penalty of Rs10,000 on shipping agent M/s M.M Marine Services Pvt Ltd for non-intimating non-arrival of vessel as per schedule within 24…
High Court adjourns in the case of M/s Master Beverages & Food Ltd
KARACHI: High Court of Sindh on Monday adjourned hearing of a contempt of court application filed by M/s Master Beverages & Food Limited against MCC Port Muhammad Bin Qasim till…
Contempt application by Master Beverages adjourned till May 12
KARACHI: Justice Salahuddin Panwhar of High Court of Sindh on Tuesday adjourned hearing of a contempt of court application filed by M/s Master Beverages & Food Limited against Pakistan Customs,…