PCA Karachi expedites revenue recovery
KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has detected a huge amount of duty and tax evasion and made a part recovery. During the audit of import clearances…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has detected a huge amount of duty and tax evasion and made a part recovery. During the audit of import clearances…
KARACHI: Barrister Faroogh Naseem, the counsel of Sharjeel Jamal, has served a legal notice of Chief Collector Customs South Abdul Rasheed Shaikh to unblock their WeBOC user ID and refrain…
KARACHI: The Directorate of Intelligence & Investigation (IRS) has confirmed that imports made against switch bills of lading were by the bogus companies, who also claimed adjusted inadmissible input tax.…
KARACHI: Director Post Clearance Audit Karachi Gul Rehman has served Contravention on M/s Pakistan Mobile Communication Ltd to pay in the national exchequer an amount of Rs304.97 million, which was…
KARACHI: Collector of Customs Adjudication Chaudry Mohammad Javaid has penalized silicone bottle importer and the clearing agent for evading government’s legitimate revenue by mis-declaring the value of imported goods. Collector…
KARACHI: Sharjeel Jamal, a local custom clearing agent was admitted to interim pre-arrest bail in two FIRs No. 18/2016 and No.19/2016 against a solvent surety of Rs0.2 million each here…
KARACHI: The Special Court of Customs has issued non-bail-able arrest warrants of Sharjeel Jamal and Shahrukh Jamal for being prime accused in the switch bill of lading case. Sharjeel Jamal…
KARACHI: In a surprising move, the Federal board of Revenue (FBR) has notified transfers and postings of BS-20 and BS-19 officers of Pakistan Customs Service (PCS). Sources said that usually…
KARACHI: Sharjeel Jamal s/o Jamaluddin has approached Customs Court praying his acquittal as there was no possibility of his conviction in the case of importing fabric by mis-declaring the vital…
KARACHI: MCC Preventive Karachi has served a Show Cause Notice on M/s AMI Pakistan (Pvt) Ltd to explain the incident wherein the company mis-declared the information regarding port of loading…
KARACHI: Directorate of Intelligence & Investigation (IRS) as part of a campaign to bracket high net-worth individuals into tax net and plug revenue leakage raided National Medical Center Karachi and…
KARACHI: MCC Appraisement East has lodged 13 FIRs against M/s AMI Pakistan for importing goods, which are otherwise banned, through mis-declaration and manipulation in the documents. An official said that…
KARACHI: MCC Appraisement West has lodged four more FIRs against several accused for importing grey fabric, lubricating oil and mis-declaring port of shipment as China instead of UAE with ulterior…
KARACHI: Collector Customs Adjudication on reply of DG Khan Cement Company that Company has imported a generator set of 1,102 kilovolt ampere (KVA) put forward a formula in order to…
KARACHI: The Directorate of Post Clearance Audit has observed duty evasion/short payment of around Rs30 million and served Audit Observations on several importers/companies. These importers/companies include M/s Bin Qasim Packages…
KARACHI: The Customs Appellate Tribunal (Bench I) comprising Muhammad Nader Qureshi (member Judicial-I) and Muhammad Yahya (Member Technical) allowing eight identical appeals filed by importer and a clearing agent. The…
KARACHI: There seems to be a desperate attempt made by Mohammad Ali Chandna led cartel to do some damage control. The gang has produced a letter of China-based supplier that…