Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The ship breaking industry is enjoying concessionary tax regime on re-melt-able iron scrap detrimental to commercial importers and manufacturers. The commercial importer, manufacturers also faces Import Policy Restriction and…
KARACHI: The Finance Bill 2019 has proposed to reintroduce minimum tax for commercial importers and ship breakers for tax collected at import stage. The Tax collected at import stage from…
KARACHI: The Directorate of Internal Audit – Customs has made an observation that MCC Gwadar short-realized an amount of Rs53.102 million from ship breakers during 2014-15. The Audit Team comprising…