WeBOC shuts down again
KARACHI: The Customs Computerized Clearing System (WeBOC) shut down throughout the country on Saturday stopping all the imports clearance. This is the second shutdown in 30 days. Sources said the…
Revenue collection by Pakistan Customs surges by 50 percent in four years
KARACHI: The policies of Pakistan Customs have given results, which is evident from significant surge in the revenue collection at import stage. The overall revenue collection by Pakistan Customs in…
PCA recovers Rs7.2 million against Audit Observations
KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has recovered Rs7.2 million, which was evaded or short paid by various importers through mis-declaration of classification and claiming inadmissible benefit…
FBR plans to bracket the government revenue evaders the hard way
KARACHI: Federal Board of Revenue (FBR) is committed to broaden the tax net and plug revenue leakage, Chairman FBR Nisar Mohammad Khan and he has initiated several exercises in this…
WeBOC shuts down; 70 percent import/export clearance suspended
KARACHI: The Customs Computerized Clearing System (WeBOC) shut down throughout the country on Saturday stopping all the imports clearance. Sources said the incident primarily occurred as the storage hard discs…
PCA Karachi serves Audit Observations on several importers
KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has served Audit Observations on eight different importers for evading significant amount of duty and taxes through mis-declaration and claiming inadmissible…
SHC reserves order in concessional duty case
KARACHI: Justice Muhammad Junaid Ghaffar of High Court of Sindh (SHC) on Tuesday reserved order in a suit filed by Popular Spinning Mills against Director, Assistant Director of Directorate of…
SHC dismisses 281 identical petitions questioning WHT on benevolent funds
KARACHI: As many as 281 constitution petition challenging Directorate of With Holding Tax notification making a certificate of exemption mandatory for trusts, funds etc were dismissed here Wednesday through a…