Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: MCC Appraisement East has detected massive evasion of taxes on import of excipient/chemicals by claiming inadmissible exemption of 8th Schedule of Sales Tax Act, 1990. An official said that…
KARACHI: A custom bench of High court of Sindh allowed dozens of petitions filed by Shirazi Traders and other importers against Show Cause Notices (SCNs) issued by officers of Collectorate…
KARACHI: Collector Appraisement East Aamir Theim has assigned Additional Collector R&D Imran Sajjad Bukhari to approach China Customs authorities to obtain the details including value and supplied of electric buses…
KARACHI: Federal Tax Ombudsman (FTO) Asif Jah has detected fraud worth of 6 Billion Rupees committed by Millat Tractors (Manufacturers of Messes Ferguson Tractor Brand in Pakistan). They have caused…
KARACHI: A division bench of High Court of Sindh comprising Justice Aqeel Ahmed Abbasi and Justice Mrs Kausar Sultana Hussain ordered provisional release of plant and machinery imported by Dandot…
KARACHI: An appellate bench of High Court of Sindh seized with the hearing of custom, sales tax and income tax matter is discouraging the un-necessary litigation’s. The bench in a…
KARACHI: While investigating a complaint, FTO has unearthed a mega scam of billions in the form of fake sales tax supplies in cement sector. Accordingly Tax Ombudsman has directed FBR…
KARACHI: Post clearance Audit (PCA) of customs, in pursuance of FTO’s directives has further recovered 11.85 million less paid sales tax during the month of June, 2022. Precisely, it was…
KARACHI: Pakistan Customs has launched a crackdown against importers of iron & steel re-meltable scrap, iron & steel re-rollable scrap, iron & steel bundle scrap for wrongly availing the exemption…
HUB: An appellate bench of High Court of Balochistan (BHC) allowed a Special Tax Reference Application (STRA) filed by M/s Usman Ltd, Hub, Balochistan impunging and order passed by Appellate…
KARACHI: An appellate bench of High Court of Sindh (SHC) ordered restoration of Sales Tax Registration of Shan Associates in line with judgment passed earlier in a petition CP-D 8101…
KARACHI: Twenty four Complaints were filed against FBR Islamabad and Pak Suzuki Motor Company Limited, in terms of Section 10(1) of the Federal Tax Ombudsman Ordinance, 2000 (FTO Ordinance) for…
KARACHI: The Tax Appellate bench of High Court of Sindh comprising Justice Muhammad Shafi Siddiqui and Justice Mahmood A. Khan allowing an appeal ordered release of profit accumulated on amount…
Lahore: In order to create a favourable business environment, Punjab Revenue Authority decided to provide reduction in sales tax being charged on commissions for home based chefs. The rebate reduced…
KARACHI: The Customs & Sales Tax Practitioner’s Association (CSPA) requested to Chief Justice of Pakistan and Chief Justice of High Court of Sindh to “take appropriate measures and issue instructions…
KARACHI: Sindh High Court closed the doors for those petitioners/applicants/ accused who challenges registration of FIR of which the trial court i.e. Special Court for Customs, Sales Tax etc has…
KARACHI: The sale of goods through online market place is proposed to be brought into the sales tax net by deeming the online market place as supplier in respect of…
KARACHI: Seven identical Special Custom Reference Applications (SCRA’s) filed by two collectorates of Pakistan Customs filed through Iqbal M. Khurram Advocate were dismissed by a custom appellate bench of High…
KARACHI: Hearing a constitution petition filed by Aachee Garments (pvt) Ltd against Sales Tax authorities, an appellate bench of High Court of Sindh (SHC) comprising Justice Muhammad Junaid Ghaffar and…
KARACHI: Five identical petitions filed by different companies including Sahib Din Logistics, SS Corporation, Syed Murtaza Ali Jaffery, Syed Mehdi Abbas Jaffery and Syed Aqeel Abbas Rizvi challenging authority of…