Importers of used auto parts win relief from court against prohibitive penalty
KARACHI: The Sindh High Court has granted relief to the importers of used auto parts who challenged the imposition of a penalty equal to the value of the imported goods…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Sindh High Court has granted relief to the importers of used auto parts who challenged the imposition of a penalty equal to the value of the imported goods…
Karachi: M/s Ermi Fresh, an importing company, recently found itself in hot water after electronically filing a Goods Declaration (GD) for a consignment of assorted models of solar panels. The…
KARACHI: Hearing a suit filed by M/s Saif Trade Service versus Federation of Pakistan and Collector Adjudication suspended the impugned judgment passed under section 23C(4) of the Foreign Exchange Regulation…
ISLAMABAD: On 11 March 2022, the Competition Commission of Pakistan (CCP) passed an order holding that RPM arrangements, including those that limit discounts, fix the price, and/or set a minimum…
KARACHI: After 17 long years, a Special Sales Tax Reference Application was decided in favor of Mehran Sugar Mills Limited by a Sindh High Court Tax Appellate bench headed by…
KARACHI: Pakistan Customs has approached High Court challenging the judgment of Customs Appellate Tribunal that dismissed the penalty imposed on M/s International Steel by Customs Adjudication. It is interesting to…
KARACHI: The implementation of order of High Court of Sindh was sought by Ashraf Sons Pharmaceuticals in a letter sent by its lawyer to Collector of Customs, Model Customs Collectorate…
KARACHI: Hearing a bunch of appeals including Constitutional Petitions No.D-1359, 1360 and others filed by M/s. Sakrand Sugar Mills Limited: (in C.P. No.D-1359 of 2021) M/s. Sakrand Sugar Mills Limited,…
KARACHI: A custom appellate bench of High Court of Sindh has allowed an application filed by Directorate of Intelligence & Investigations, Pakistan Customs seeking release of amount lying with the…
KARACHI: Lucky Cement was ordered to secure the amount of duty,taxes and 50 per cent of penalty with Nazir. The bench was hearing a constitutional petition filed by the cement…
ISLAMABAD: The Competition Commission of Pakistan (CCP) has passed an order imposing a total penalty of PKR 45 Million on two snack food (Nimco) sellers for copying the registered trademark…
KARACHI: The Finance Bill 2019 has proposed to increase penalty for late filing of Sales Tax return from Rs 5,000 to Rs 10,000. Further, in case the return is filed…
KARACHI: The Competition Commission of Pakistan (CCP) has passed an order imposing a penalty of PKR 10 million on Proctor & Gamble Pakistan (Pvt.) Limited for deceptively advertising its product…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Arshad Hussain Khan ordered provisional release of a consignment of steel plates against payment…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Arshad Hussain Khan up-holding an order of Appellate Tribunal, Sindh Revenue Board (SRB)…
KARACHI: A special customs appellate tribunal comprising Tahir Zia (Member Judicial) and Nazim Saleem ordered issuance of notices to respondent Custom authorities including Collector Customs, Adjudication and Collector Customs East…
KARACHI: Additional Collector of Customs Adjudication Shafique Ahmed Latki has penalised M/s Dawlance Pvt Ltd and clearing agent for evading government revenue through mis-declaration of classification of goods to claim…
KARACHI: High Court of Sindh (SHC) has directed MCC Appraisement West to release the consignment of M/s Farooq Corporation, as the company has agreed to pay all duty, taxes, and…
KARACHI: A division bench of High Court of Sindh (SHC) on Wednesday disposed of a petition filed by Farooq Corporation after the petitioner side agreed to pay all duty, taxes,…
KARACHI: Collector Customs Adjudication Dr. Shazia Ikram has penalized tyres and tube importer for attempting to evade government revenue through under-invoicing. M/s Shafqat Automobiles Sargodha imported a consignment declared to…