CUSTOM COURT ACQUITS ACCUSED IN VEHICLE SMUGGLING CASE
KARACHI: The court of Special Judge, Customs, Excise and Taxation Karachi acquitted an accused Muhammad Ismail son of Raza Muhammad in a case registered against him under section 156(1) (89)…
FPCCI rejects over Rs700b new taxes in Budget 2021-22 under IMF deal
The Federation of Pakistan Chambers of Commerce and Industry has rejected the government’s plan of imposing additional taxes of over Rs700 billion in the upcoming federal budget 2021-22 under the…
Pakistan International Bulk Terminal sets record for handling more than 1 million tonnes of coal in December
Karachi: Pakistan International Bulk Terminal (PIBT) handled a record 1.04 million ton of coal cargo in December 2020, which is 32 percent more than 0.791 million ton cargo handled in…
KCCI requested to assist in dealing with exorbitant duties, taxes on motorcycle spare parts
KARACHI: A delegation from All Pakistan Motorcycle Spare Parts Importers & Dealers Association (APMSPIDA), while highlighting some major issues being faced by APMSPIDA members, sought KCCI’s assistances in convincing the…
Overseas Investors Chamber of Commerce and Industry asks government to consolidate all federal taxes
ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the authorities to consolidate all federal taxes, including income tax and levies like Workers Welfare Fund, Workers Profit…
Eradicate corruption, make appointments on merit in custom Appellate tribunal, says lawyers
KARACHI: The lawyers practising on customs, inland revenue have advocated purging the custom Appellate tribunal of corruption and instead of disbanding it improve the same by appointing members and chairman…
SHC stays recovery notice in respect of 2010 Generator import
KARACHI: The authorities of Pakistan Customs were restrained from effecting a recovery in respect of a generator imported in 2010. The order was passed by a customs appellate bench of…
SHC issue notices in alleged harassment by customs IO Pre-admission notices issued in alleged harassment case
KARACHI: A customs appellate bench of High Court of Sindh (SHC) issued pre-admission notice for Feb 06 in a petition filed by one Muhammad Junaid, a clearing agent against alleged…
SHC restrains customs IO from registration of FIR Fabrics case
KARACHI: A customs appellate bench of High Court of Sindh (SHC) on Monday restrained an Investigating Officer of Pakistan Customs from lodging FIR against petitioner company Welcome Services. The bench…
DIT forwards 11 contravention reports to Adjudication Collectorate II EPZ steel sheets, evasion cases worth rupees 82,674,011
KARACHI: Irfan Javed, Director, Directorate General of Intelligence and Investigations (DIT), Pakistan Customs has forwarded eleven (11) contravention reports against Ms Zubair Steel, Ms Muhammad Rizwan and Brothers and others…
SHC allows Special Criminal Revision Applications in betel nuts case Accused ordered to surrender before trial court in seven days
KARACHI: Justice Fahim Ahmed Siddiqui of High Court of Sindh hearing nine identical revision applications filed by Director of Directorate of Intelligence & Investigations (DIT), Pakistan Customs assailing judgment by…
SHC asks customs counsel to comply with office objections in 2 days
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Mahmood A Khan on Thursday asked the counsel for Pakistan Customs to remove…
Outlook on Japan insurance market stable despite pressures
HONG KONG: AM Best is maintaining a stable market segment outlook on Japan’s non-life insurance segment, as domestic insurers record profitable underwriting performance despite significant catastrophe losses. However, according to…
Any mini budget, additional taxes to prove ruinous for economy: KCCI
KARACHI: Karachi Chamber of Commerce and Industry (KCCI) reacting to rumors and media buzz going on about the announcement of yet another mini budget or imposition of additional taxes to…
SHC stays auction notice, pre-admission notice issued for July 08 Another identical petition filed by Humak Engineering Pvt Ltd
KARACHI: A customs appellate bench of High Court of Sindh comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan on Friday stayed an auction notice issued by the Model…
DC East tenders second apology before SHC in a week SHC seeks compliance report in two days
KARACHI: Three senior custom officers faced the wrath of the court for failure in complying with the orders passed in a petition filed by Sahara Welfare Trust which imported used…
SHC suspends demand notices for Sales Tax, hearing after 2 weeks
KARACHI: A custom appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan on Monday suspended demand notices issued to the importer…
SHC allows provisional release of perishable chemical voice consignment
KARACHI: A customs appellate bench of High Court of Sindh (SHC) on Monday hearing a constitution petition filed by Liberty Mills Private Limited allowed provisional release of chemical used for…
SHC to hear petition by hide importer, exporter on May 02
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Arshad Hussain on Tuesday fixed May 02 to hear a petition filed…
SHC allows provisional release of coil sheets
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi disposed of a petition filed by Shaheen Automotive Private…