Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Federal Tax Ombudsman (FTO) has taken notice of the news regarding pending recovery in gold and jewelry sector where some exporters of jewelry failed to repatriate foreign exchange and…
KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has detected a huge amount of duty and tax evasion and made a part recovery. During the audit of import clearances…
KARACHI: Collector MCC Port Qasim Mukarram Jah has expedited the recovery campaign against several fabric importers who disappeared after their consignments were cleared on submission of post dated cheques, and…
KARACHI: Collector Appraisement West Agha Jawwad has appointed Assistant Collector Arsalan Majeed Rana as Recovery Officer to pursue the recoveries of over a billion rupees. MCC Appraisement West is pursuing…
KARACHI: MCC Appraisement East has recovered around Rs1.56 billion, which was stuck in various bank securities and with the nazir of the court, which the authorities have cashed and received.…
KARACHI: The High Court of Sindh has ordered the Nazir of the court to release an amount equivalent of Rs20 million to the Customs authorities. This amount had been deposited…
KARACHI: The Directorate of Post Clearance Audit (PCA) has made record performance in the year 2015 so far detecting 350 cases and recovering Rs800 million thereof. It may be mentioned…
KARACHI: Chairman Federal Board of Revenue (FBR) Tariq Bajwa has appreciated Directorate General of Internal Audit for detecting non-realization of revenue to the tune of billions of rupees and part…
KARACHI: The MCC Collector Appraisement West has made record recovery in a week realizing a sum around Rs300 million. According to the details of the case, the Departmental Audit committee…