Pakistan Customs, Tax, Shipping & Business News Resource
The Collector Customs Enforcement Ports has taken several measures to streamline the affairs at the baggage section at ports, where mal practices and revenue loss were rampant in the garb…
Karachi: The Customs Intelligence and Investigation (I&I) Karachi has revealed that some industrial importers of plastic daana (PCT 39.01 & 39.02) are misusing the tax benefits granted to them and…
Karachi: Traders and Customs officials have expressed serious concerned over the inter-port movement system at Karachi Export Processing Zone (KEPZ), which is the primary channel for smuggling even the prohibited…
QUETTA: The attempts of Chairman Senate Sadiq Sanjrani to hijack Customs in Baluchistan caused much revenue loss to the national exchequer as well as resulted in several other issues such…
KARACHI: Sharjeel Jamal of Utrade Logistics has identified violation of Transshipment Rules at MCC Appraisement Lahore, which is causing loss to the national exchequer. In a letter to Chief Collector…
KARACHI: In a letter to Collector Appraisement West, Director I&I Karachi Saqif Saeed invited attention of the collectorate towards gross under-invoicing of CRC and HRC, which is causing over a…
Karachi: Overseas Investors Chamber of Commerce and Industry (OICCI) has announced the key findings of its latest Intellectual Property Rights (IPR) Survey. Overall, 37% of the respondents indicated that it…
Karachi: The Federation of Pakistan Chambers of Commerce and Industry has urged the government to redesign the Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs) with a view to…
KARACHI: Sharjeel Jamal of M/s UTrade Logistics has highlighted loss of government revenue to the tune of one billion rupees through the misuse of SRO 492(I)/2011 in connivance with the…
KARACHI: The mishandling of the M/S BBJ Pipe Industries case by the office of Chief Collector Customs Appraisement South has caused huge revenue loss to the national exchequer, it was…
KARACHI: As the Customs Laboratory allegedly connives with the importers issuing reports as per the importers’ demand, the Customs appraising staff has to take all the blame for revenue loss.…
KARACHI: The Directorate General of Customs Valuation is developing database values and issuance of reference values of importable items have started yielding results. Director General Customs Valuation Syed Tanveer Ahmed…
KARACHI: Directorate General of Customs Valuation has issued several reference values or valuation guidelines for the information of clearance collectorates as part of a plan devised by Director General Customs…
KARACHI: Directorate General of Customs Valuation has circulated certain valuation guidelines for the notice of all formations about the prevailing international price trend of several importable goods in the first…
KARACHI: The Directorate of Internal Audit points out that government revenue to the tune of billions of rupees was stuck-up due to the inefficiency of Directorate of Customs Intelligence &…
KARACHI: The MCC Appraisement East has lodged an FIR against pharmaceutical raw material/chemical importers for importing chemicals under vague descriptions and mis-declaration to circumvent the application of Import Policy Order.…
KARACHI: Perusal of official data suggests that Pakistan’s import of several items from Iran and Afghanistan increased drastically in the first nine months of the current fiscal year, which creates…