Pakistan Customs, Tax, Shipping & Business News Resource
Karachi: New findings have surfaced, shedding light on the alleged corruption within the Customs Intelligence and Investigation (I&I) department. Earlier, a senior officer of the Pakistan Customs Service (PCS), Nisar,…
KARACHI: Faisal Moiz Khan, President of the North Karachi Association of Trade & Industries (NKATI), Senior Vice President Shabbir Ismail, Vice President Naeem Haider, CMC Chief Akhtar Ismail, CEO of…
Karachi: Former Senior Vice President FPCCI and General Secretary UBG (Sindh Zone) Muhammad Hanif Gohar has said that the federal budget is not for exporters, traders, industrialists and those who…
Pakistan did not import any high-speed diesel (HSD) in July, as domestic demand is largely met from the commodity smuggled from Iran. According to diesel dealers in Baluchistan, 40,000 liters/day…
KARACHI: Sharjeel Jamal, Convener of the FPCCI Committee on Trade and Regulatory Laws, has expressed concerns over the modules prepared and being implemented by the Pakistan Single Window (PSW), a…
PESHAWAR: Import of fresh and dried fruits has stopped after Customs agents at Chaman and Torkham borders are protesting against increase in tariff by Pakistan government. Traders said that earlier…
KARACHI: Karachi Customs Agents Association informed through press release that in order to resolve certain issues relating to Import & Export the delegation comprising of Mr. Saif Ullah Khan President…
Karachi Customs Agents Association informed through press release that in order to resolve certain issues relating to Import & Export the delegation comprising of Mr. Saif Ullah Khan President Karachi…
KARACHI: Post Clearance Audit (PCA) Karachi has detected gross misuse of Green Channel facility by certain importers causing significant revenue loss to the national exchequer, and clearing banned goods. On…
KARACHI: Karachi Customs Agents Association informed that in order to resolve certain issues relating to Import & Export the delegation comprising of Mr. Saif Ullah Khan President Karachi Customs Agents…
QUETTA: Baluchistan based traders (Laghri Teehad and Rozgar Committee) have approached Base Commander Pak army Chaman and Federal Tax Ombudsman (FTO) complaining staff of Customs Preventive Quetta was selling the…
PESHAWAR: Traders urged the government to give extension in cash-on-counter facility for next six months to carry out smooth bilateral trade with Afghanistan and onward regional countries. Declaration policy should…
KARACHI: Appraisement South has started conducting online hearings in respect of the review requests pertaining to Assessment Group V to promote faceless interaction with traders. On the directives of Chief…
KARACHI: The anti-smuggling drives launched by Pakistan Customs have never been successful in eradicating the illegitimate trade due to several reasons including shortage of human resource, involvement of officers and…
KARACHI: The Senate Committee on Customs has come forward in support of traders reportedly involved in smuggling, and recommended action as well inquiries against Customs officials spearheading the anti-smuggling campaign.…
KARACHI: Karachi Customs Agents Association (KCAA) informed that in order to resolve certain issues relating to exports & imports, the delegation of Karachi Customs Agents Association led by its President…
KARACHI: MCC Port Qasim has lodged several FIRs against various traders/importers for mis-declaration and concealment of actual description, specifications and constituent material to deceive application of correct assessable value of…
KARACHI: Producers in U.S. and China have begun shipping 10-minute Test Kit for COVID-19 virus exposure, and local traders want to import these testing kits but government has not notified…
ISLAMABAD: A tax law amendment has absolved medium-sized traders from the responsibility of withholding taxes, the Federal Board of Revenue (FBR) said on Saturday. The FBR said the tax amendment…
KARACHI: The government through the Tax Laws (Second Amendment) Ordinance, 2019, notified the rate of minimum tax under Section 113 of Income tax Ordinance for tax year 2020 will be…