Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: In pursuance of FTO’s recommendation to FBR, to ensure systemic improvements in WeBOC so as to enable the Assessing Collectorates of Customs to monitor the progress of provisional assessments…
KARACHI: Director Customs Valuation Karachi Iqbal Muneeb has revised the customs values of tyres and tubes (bicycle, motorcycle, scooter, rickshaw) vide Valuation Ruling No.1321/2018. The customs values of tyres and…
KARACHI: Directorate of Customs Valuation Karachi has revised the customs values of tyre and tubes vide Valuation Ruling No.985/2016. Customs values of tyre and tubes were earlier determined vide Valuation…
KARACHI: Additional Collector Adjudication Shafique Ahmed Latki has penalized M/s Lords Impex for evading duty and taxes through under-invoicing. According to the details of the case, Directorate of Post Clearance…
KARACHI: Pakistan Customs has detected mass under-invoicing on goods imported from India and an exercise to recover evaded revenue has been initiated. According to details, in November 2015 Appraising Officers…
KARACHI: The Directorate of Post Clearance Audit (PCA) has recommended Directorate General of Customs Valuation for re-fixation of customs values or import trade price of tyres and tubes. The PCA…
KARACHI: Directorate of Post Clearance Audit (PCA) Karachi has served contravention on a number of traders importing tyre and tube from India for evading government’s legitimate revenue to the tune…