Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Sindh High Court has set aside several judgements issued by the Customs Appellate Tribunal that allowed importers to have their goods assessed at their declared value instead of…
The Sindh High Court (SHC) has set aside the adverse findings and recommendations of the Federal Tax Ombudsman (FTO) against an Additional Commissioner (Audit) of the Federal Board of Revenue…
KARACHI: The High Court of Sindh has suspended a ruling by the Classification Committee of the Federal Board of Revenue (FBR) that would have allowed importers of glass tubing for…
KARACHI: The Sindh High Court has granted relief to the importers of used auto parts who challenged the imposition of a penalty equal to the value of the imported goods…
ISLAMABAD: The Competition Commission of Pakistan (CCP) is monitoring the ongoing sugar crisis in the country. If any indications of anti-competitive activities are found, CCP will take appropriate enforcement and…
The Federal Tax Ombudsman (FTO) has ordered the Federal Board of Revenue (FBR) to correct a penalty order of Rs. 1 million issued by an Inland Revenue Audit Officer (IRAO)…
KARACHI: The High Court of Sindh has granted a 10-day remand of three accused including Bilal Qadri, Muhammad Furqan and Muhammad Faizan, as the Federal Investigation Agency (FIA) advances the…
KARACHI: Federal Investigation Agency (FIA) has secured another 3-day remand of Customs officials Tariq Mehmood and Yawar Abbas from Sindh High Court (SHC) till Sunday. FIA is progressing in the…
KARACHI: In a landmark decision, the Sindh High Court (SHC) has garnered praise from customs authorities for accepting the differential value between Export GD (Goods Declaration) and Import GD, setting…
KARACHI: Hearing a suit filed by M/s Saif Trade Service versus Federation of Pakistan and Collector Adjudication suspended the impugned judgment passed under section 23C(4) of the Foreign Exchange Regulation…
KARACHI: Sindh High Court has set aside the order of Customs Appellate Tribunal in the case of fraudulent import of electric buses, and advised Customs Collectorate to assess the imported…
KARACHI: A custom appellate bench of High Court of Sindh allowed a petition filed by Lords Impex Karachi seeking release of its consignments. The chairman FBR, Collector of Custom Appraisment…
KARACHI: A petitioner/importer seeking provisional release of goods under section 81 of the Custom Act 1969 whose goods were detained over valuation dispute, was given a chance with advice to…
KARACHI: As a measure of interim relief to petitioner / importer company M/S fiber Technia Industries, a custom appellate bench of High Court of Sindh allowed release of consignment against…
KARACHI: A custom appellate bench of High Court of Sindh dismissed a SCRA filed by Heal Pharmaceuticals (pvt) Ltd, Peshawar against Collector of Customs through Sardar Faisal Zafar Advocate. As…
KARACHI: A custom appellate bench of High Court of Sindh (SHC) disposed of a petition filed by Messer’s Tecno Pack Electronics (Pvt) Ltd in respect of its imported consignment of…
KARACHI: An appellate bench of High Court of Sindh over turned a judgment by Income Tax Appellate (ITAT) passed in favor of Karachi Stock Exchange (Now Pakistan Stock Exchange) pertaining…
KARACHI:A custom appellate bench of High Court of Sindh (SHC) disposed of a constitution petition filed by Stafford Miller (Ireland) Limited, Block Drug Company, New Jersey, USA against an order…
KARACHI: A custom appellate bench of High Court of Sindh ordered a Deputy Collector of Pakistan Customs to pay Rupees 25,000 from his personal account in favor of Sindh High…
KARACHI: A custom appellate bench of High Court of Sindh issued a detailed judgment in petitions pertaining to levy of regulatory duty on “Motor Spirit”. The Petitioners in all these…