Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The All Pakistan Textile Mills Association (APTMA) has urged the FBR to adjust the Super Tax liability following the recent decision of the Federal Constitutional Court against outstanding Sales…
KARACHI: A full bench of Supreme Court of Pakistan comprising Justice Naeem Akhter Afghan, Justice Muhammad Shafi Siddiqui and Justice Miangul Hassan Aurangzeb while deciding a Civil Petition to Leave…
ISLAMABAD: Pakistan’s Federal Board of Revenue has unveiled draft rules that would exempt a wide range of goods imported through the Sost dry port in Gilgit-Baltistan from sales tax, income…
Reconciliation, Rationalization of Sales Tax exemption in respect of imported goods ordered: KARACHI: Deciding a reference filed by Hoora Pharma (Pvt) Limited, importers of Sutures, against findings of Federal Tax…
KARACHI: Agreeing with the arguments advanced by counsel for Collector of Customs Appraisement (East) a custom appellate bench of High Court of Sindh (SHC) comprising Justice Agha Faisal and Justice…
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Adnan Iqbal Chaudhry and Justice Muhammad Jaffer Raza on Monday allowed a petition filed by Hoora Pharma (Pvt)…
KARACHI: A constitutional bench of High Court of Sindh (SHC) allowed an application filed by Muhammad Noman Ansari, Imran Musil and others, accused in sales tax fraud and causing loss…
KARACHI: A Custom Appellate bench of High Court of Sindh (SHC) admitted four identical Special Customs Reference Application filed in year 2019 by Collector of Customs (Appraisement) East against Mian…
KARACHI: The Special Judge for Customs, Taxation & Anti-Smuggling-I has ordered the immediate release of Muhammad Faraz, son of Muhammad Ashraf, following his successful bail application in a case involving…
KARACHI: A constitutional bench of High Court of Sindh (SHC) summoned Chief Commissioner and Commissioner, Inland Revenue, CTO Karachi to appear in person on 12.8.2025. The court also took vakalatnama…
ISLAMABAD: In a significant move aimed at enhancing transparency and stakeholder engagement, the Federal Board of Revenue (FBR) has issued Sales Tax General Order (STGO) No. 02 of 2025, outlining…
KARACHI: A recent scrutiny of import records has revealed significant irregularities in the payment of sales tax and compliance with import policy regulations, resulting in substantial revenue losses to the…
Islamabad: The Pakistani government is expected to propose a reduction in the Super Tax in the upcoming federal budget for the fiscal year 2025-26, as part of broader tax reforms…
KARACHI: A five member larger bench of Supreme Court of Pakistan decided a host of Civil Appeals, Civil Review Petitions while re-affirming judgment by three member apex court bench in…
ISLAMABAD: The federal government is considering imposing a 5% sales tax on ride-hailing platforms such as InDrive, Careem, and Uber in Islamabad as part of the upcoming 2025-26 budget. This…
ISLAMABAD: The Supreme Court of Pakistan has reserved its judgment in a landmark case that could redefine the jurisdiction of customs authorities in recovering sales tax and income tax after…
KARACHI: A custom appellate bench of High Court of Sindh (SHC) allowed a Special Custom Reference Application (524 of 2022) filed by Gadoon Textile Mills Limited, Karachi challenging the powers…
KARACHI: Customs Directorate of Post Clearance Audit have filed a criminal case against a Karachi-based business, M/s Suleman Industries, for allegedly evading Rs. 218.4 million ($790,000) in taxes by falsely…
KARACHI: Customs authorities have filed charges against two companies and their proprietors for allegedly engaging in a multi-billion rupee money laundering scheme involving the over-invoicing of imported solar panels, officials…
KARACHI: The prima facie attempt to deceive the Appellate bench of High Court of Sindh headed by Acting Chief Justice Muhammad Junaid Ghaffar landed Mr. Zahid MAsood, Chief Commissioner IRS,…
