Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Collectorate of Customs (Exports) at Port Muhammad Bin Qasim, Karachi, has intensified its efforts for the Export Facilitation Scheme (EFS) Audit, recovering millions of rupees. Overall, more than…
ISLAMABAD: Pakistan has decided that it will confiscate vehicles involved in transporting smuggled goods. Recently, the Prime Minister of Pakistan has directed all relevant government bodies particularly the Federal Board…
A case of smuggling of foreign origin goods from a customs warehouse in D.G. Khan has been exposed, involving some customs officials and a notorious smuggler. The goods, which included…
Customs Intelligence Karachi has seized a huge quantity of 168 iPhones from Karachi Airport valuing Rs 130 million. The iPhones were being smuggled in by passengers arriving from Sharjah via…
KARACHI: Customs Appellate Tribunal has ordered recovery of Rs491.29 million from M/s Nestle Pakistan, which the multi-national company had evaded through mis-declaration of PCT heading of the imported goods. Information…
KARACHI: Korangi Association of Trade and Industry (KATI) President Faraz-ur-Rehman has welcomed the State Bank' removal of the condition of Cash Margin Restriction (CMR) on imported goods. He said that…
Governor State Bank of Pakistan (SBP), Mr. Jameel Ahmad, while chairing the annual meeting of Agricultural Credit Advisory Committee (ACAC) in Hyderabad referred to the devastation caused by recent floods…
KARACHI: Member Legal-FBR Zeba Hai, in a letter to all Chief Collectors of Customs, sought information regarding ageing of cases at various courts and legal fora. The data compiled suggests…
KARACHI: The Anti-smuggling Organization (ASO) of MCC Preventive Lahore has recovered large quantity of smuggled dry fruits worth Rs250 million from cold storages in Lahore. Information was received from Collector…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Muhammad Ali Mazhar and Justice Mrs Ashraf Jahan on Friday restrained In Land Revenue from recovering Sales Tax…
KARACHI: Pakistan stocks recovered 3.3 percent in the week ended September 15, 2017, highest weekly gains in four months, as excitement related to FTSE rebalancing and rally in Habib bank…
KARACHI: The Directorate of Customs Intelligence Quetta under the direction of Shaukat Ali Director General, Customs Intelligence has further stepped up its crackdown on smuggling of goods and vehicles from…
KARACHI: Chief Collector Enforcement South Mohammad Zahid Khokhar has advised MCC Quetta to expand the ambit of crackdown against smuggled vehicles. Collector Quetta Saeed Jadoon, in view of reports that…