EDI: customs team leave for China
KARACHI: A delegation of Pakistan Customs headed by Chief Collector Appraisement South Abdul Rasheed Shaikh has left for China where the memorandum of understanding (MoU) would be signed for the…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: A delegation of Pakistan Customs headed by Chief Collector Appraisement South Abdul Rasheed Shaikh has left for China where the memorandum of understanding (MoU) would be signed for the…
KARACHI: The Federal Board of Revenue (FBR) is all set to implement electronic data exchange (EDE) between Customs administration of China and Pakistan under Pak China Free Trade Agreement, which…
KARACHI: The R&D MCC Appraisement West has detected massive revenue leakage due to wrong classification of copper rods. Deputy Collector Ghulam Nabi Kamboh received information that some importers are importing…
KARACHI: Through better and more extensive use of information technology, the Federal Board of Revenue (FBR) has introduced several measures to simplify procedures for paying taxes and to minimize contact…
KARACHI: The Customs Computerized Clearing System (WeBOC) shut down throughout the country on Saturday stopping all the imports clearance. Sources said the incident primarily occurred as the storage hard discs…
KARACHI: The Federal Board of Revenue (FBR) has stopped sales tax registration as manufacturers after it was found that certain elements not qualifying as manufacturers had got them registered as…
KARACHI: FBR’s IT wing, Pakistan Revenue Automation Limited (PRAL) has not been able to fix the bugs in the system due to which a large number of taxpayers are unable…
KARACHI: The Director of Valuation determined the value of MDF (Maximum Density Fiber) Board and its value added products, Pakistan Customs in Valuation Ruling No. 815/2016 dated January 29, 2016.…
KARACHI: The Directorate General Customs Valuation has revised the Customs values of glycerine vide Valuation Ruling No. 798/2016 on January 21, 2016. Background of the valuation issue is that Customs…
KARACHI:- The Model Customs Collectorate, Peshawar sold 13450 bags of sugar belonging to Choudhry Sugar Mills confiscated by the MCC in a tax rebate fraud case. The sugar mill was…
KARACHI: Pakistan Customs has signed a Memorandum of Understanding with International Air Transport Association (IATA) for the development of Cargo XML and Advance Passenger Information Systems. The ceremony was held…
KARACHI: The Pakistan’s automated system for Customs, WeBOC may not achieve its development and up gradation targets as the entire WeBOC team has resigned from PRAL in the last 10…
KARACHI: Tax fraternity has advised the Federal Board of Revenue (FBR) to stop working of automated tax system – developed by Pakistan Revenue Automation (Pvt) Limited (PRAL) – forthwith as…
KARACHI: The Federal Board of Revenue (FBR) has directed its concerned officials to collect sales tax from retailers in a systematic manner, Sales Tax General Order said on Thursday. As…
KARACHI: The taxpayers are facing serious problems in getting adjustment of input tax related to sales tax paid on provincial services as web portal of the Federal Board of Revenue…
KARACHI: The Federal Board of Revenue (FBR) in its quarterly review has noted that loss of revenue could be quantified into undue exemptions of income tax, misuse of reduced WHT…
KARACHI: Model Customs Collectorate of PaCCS, Karachi has proposed the Federal Board of Revenue (FBR) to create a free Sales Tax Registration Number (STRN) for the issuance of WeBOC user…