Raw materials import not banned
KARACHI: Ministry of Commerce has excluded raw materials from the list of items, which were banned to be imported through SRO 598(I)/2022. Through the SRO 598(I)/2022, the federal government imposed…
Government amends scheduled of regulatory duty
KARACHI: The Ministry of Finance has amended the schedule of Regulatory Duty (RD), which was earlier notified vide SRO 1035(I)/2017. RD at the rate of 30 percent is imposed on…
SHC orders Port Qasim authorities to release of Solar LED lights
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Zulfiqar Ahmed Khan on Wednesday ordered forth with release of over a dozen consignment…
LED light importers served contravention for revenue evasion
KARACHI: Directorate of Post Clearance Audit (PCA) has served contravention on eight importers of LED lights for claiming inadmissible concessions to evade government revenue. On the directives of Director PCA…
LED lights importer penalized for revenue evasion
KARACHI: Collector Customs Adjudication Asif Marghoob Siddiqui has penalized LED lights and SMD lights importer for claiming inadmissible concessions with an intention to evade government legitimate revenue. According to the…
LED lights importer penalized for misusing concessionary regime
KARACHI: Collector Customs Adjudication Chaudry Mohammad Jawaid has penalized M/s Orient Electronics Pvt Ltd and M/s Rahmani Traders for misusing concessionary SROs to evade government’s legitimate revenue. According to details,…