Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Anwar Hussain on Friday dismissed a restoration application filed by a plaintiff/applicant…
KARACHI: A divisional bench of High Court of Sindh comprising Chief Justice Sajjad Ali Shah and Justice Anwar Hussain on Friday adjourned hearing of a constitutional petition filed by Fast…
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: A Customs Appellate Tribunal comprising Muhammad Nadeem Qureshi , Member (Judicial-I) and Muhammad Yahya, Member (Technical-I) Karachi allowing an appeal by clearing agent Kaka traders remitted personal fine and…
KARACHI: Collector Custom, Model Custom Collectorate, Port Muhammad Bin Qasim filed a Special Customs Reference Application (SCRA) here Tuesday, against a decision by Special Customs Appellate Tribunal, Bench III. The…
KARACHI: A single bench of High Court of Sindh (SHC) comprising Justice Muhammad Junaid Ghaffar on Monday adjourned hearing of a suit filed by Engro Elengy Terminal Private Limited until…
KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has served an Audit Observation on M/s Yousuf & Co, Karachi for claiming inadmissible benefit of concessionary regime. Audit of import…
KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has served an Audit Observation on M/s R.J Corporation, Karachi for claiming inadmissible benefit of concessionary regime. Audit of import data…
KARACHI: The Customs Appellate Tribunal, bench I comprising Muhammad Nadeem Qureshi, Member Judicial (I) and Muhammad Yahya, Member Technical (I) deciding an appeal filed by Asif Textile Trading held that…
KARACHI: The staff of the Directorate of PCA (Customs) Karachi during the year 2015 reported 60 cases of evasion of customs duty Sales Tax, Income Tax, mis-declaration, short payments of…
KARACHI: The Ministry of Finance has imposed sales tax in the range of 22 percent to 24 percent on petroleum products including HOBC, Kerosene and light diesel oil while rate…
KARACHI:- A division bench of High Court of Sindh (SHC) disposed of a constitution petition filed by National Bank of Pakistan (NBP) challenging auction of mortgaged goods by Pakistan Customs…
KARACHI: The Custom Appellate Tribunal, Bench–I Karachi allowing an appeal vacated a show cause notice issued to appellant Ghazi Steel Mills. The tribunal headed by Muhammad Nadeem Qureshi, Member Judicial…
KARACHI: Federal Finance Minister Ishaq Dar on Monday held a marathon meeting with Chairman Federal Board of Revenue (FBR) Tariq Bajwa and his team and lauded their efforts in achieving…
KARACHI:- The Customs Appellate Tribunal, Bench I allowed four identical appeals ordering release of confiscated black tea consignment transshipped from Taftan to Quetta Dry Port. The vehicles carrying the imported…
KARACHI:- Justice Aziz-ur-Rahman of High Court of Sindh on Thursday adjourned hearing of a suit filed by Port Qasim Authority against Federal Board of Revenue and Pakistan Customs after PQA…
KARACHI: The targets set for customs duty and other levies are not ‘chasable’ due to unwarranted ‘blanket tax exemptions’ to particular sectors, senior custom and Federal Board of Revenue officers…
KARACHI:- The staff of the Directorate of PCA (Customs) Karachi during Jan 2015 to Oct 2015 reported 71 cases of evasion of customs duty Sales Tax, Income Tax, mis-declaration, short…
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:- The Directorate General of Post Clearance Audit, Pakistan Customs raised audit objection against M/s. Omar Associate (Pvt) Ltd and advised them to deposit the short levied amount of Rs.…