KARACHI: Hearing a number of identical petitions pertaining to release of vintage cars against fixed custom duty of US $ 5000, a customs appellate bench of High Court of Sindh (SHC) sought comments from Ministry of Commerce. Adnan Saeed-uz-Zaman Siddqui advocate appeared for one of the petitioners and said government… Continue reading
Lahore: The Ministry of Commerce and Trade Development Authority of Pakistan (TDAP) organized an awareness seminar on the second phase of China Pakistan Free Trade Agreement, on 21 st of January, 2020 at Pearl Continental Hotel, Lahore. The seminar is one of the many from a series of seminars being… Continue reading
The Ministry of Commerce and Trade Development Authority of Pakistan (TDAP) organized in Karachi, the first of the series of countrywide seminars for apprising the business community of the business and export opportunities arising out of the second phase of China Pakistan Free Trade Agreement, which has become operational from… Continue reading
KARACHI: A customs appellate bench of High Court of Sindh ordered ware housing of a consignment of solar panels as respondent Pakistan Customs sought time to file comments. The bench on a previous hearing had issued notices to the Ministry of Commerce as well as Chairman, Federal Board of Revenue… Continue reading
KARACHI: A customs appellate bench of High Court of Sindh ordered issuance of notices to the Ministry of Commerce as well as Chairman, Federal Board of Revenue and other respondents in a petition filed by Zulfiqar Traders, importers of solar panels. The bench comprising Justice Muhammad Shafi Siddiqui and Justice… Continue reading
KARACHI: The Ministry of Commerce has re-imposed the ban on import of a long range of used and second hand machinery, a ban which was lifted vide SRO No.1528(I)/2018 dated December 24, 2018. Ministry of Commerce issued SRO No. 16(I)/2019 on January 03, 2018 re-imposing the ban on import of… Continue reading
KARACHI: Cognizant of the global developments in digital trade, Ministry of Commerce is finalizing a policy framework for development of e-commerce or digital trade in the country, the Economic Survey of Pakistan 2017-18 notes. The framework is being developed to deal with regulatory regime, payment infrastructure, logistics and taxation issues… Continue reading
KARACHI: All Pakistan Textile Processing Mills Association (APTPMA) has approached Ministry of Commerce seeking permission to import Hydrogen Peroxide for textile industrial use on zero rated duty till time local supply is back to normal. Textile processors, the backbone of value added textiles exports, are one of the major consumers… Continue reading
KARACHI: Government is losing revenue to the tune of billions of rupees as hundreds of containers of spices, betel nuts, dry fruits and other edibles are stuck at ports waiting clearance after Ministry of Commerce vide SRO. 1067(I)/2018 added several safety health and procedural requirements in the Import Policy Order…. Continue reading
KARACHI: Over 150 containers of fruits and dry fruits are stuck at Pakistan-Afghanistan border of Chaman and Torkham as Import Policy Order (IPO) bars entry of fruits/dry fruits into the country without PPRO (Quarantine) certification. Traders said the trucks were stuck for the last five days and if the issue… Continue reading
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